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Peter Obi faults FG’s borrowing, says loans not driving growth
April 30, 2026
Peter Obi, former Labour Party presidential candidate and ex-governor of Anambra State, has criticised the Federal Government’s borrowing strategy, saying it is not translating into economic growth or improved living standards. The post Peter Obi faults FG’s borrowing, says loans…
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BUA Food’s Q1 2026 profit hits N154 billion on strong margin
April 30, 2026
BUA Foods Plc has reported a profit before tax of N153.757 billion for Q1 2026, according to its recently filed unaudited financial statements on the Nigerian Exchange. The post BUA Food’s Q1 2026 profit hits N154 billion on strong margin…
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Nigeria’s Tax Ombud to open call centre for tax dispute resolutions
April 30, 2026
The Chief Executive of the Office of the Tax Ombud, Dr. John Nwabueze, has disclosed that the agency will unveil its official website and call centre in the coming weeks as part of efforts to improve taxpayer access to information and dispute resolution services. …
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Tinubu nominates Joseph Olasunkanmi Tegbe as Minister of Power
April 30, 2026
President Bola Ahmed Tinubu has nominated Mr Joseph Olasunkanmi Tegbe as Minister of Power. The post Tinubu nominates Joseph Olasunkanmi Tegbe as Minister of Power appeared first on Nairametrics.
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NGX Group shareholders call for sustained performance, tighter market surveillance at AGM
April 30, 2026
Shareholders of Nigerian Exchange Group Plc have commended the company’s performance and strategic direction while calling for sustained growth and tighter market surveillance to curb price manipulation. The post NGX Group shareholders call for sustained performance, tighter market surveillance at…
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NGX Group posts N5.98 billion pre-tax profit in Q1,2026
April 30, 2026
Nigerian Exchange Group Plc reported a pre-tax profit of N5.98 billion in its Q1 2026 results, representing a 140.5% increase from N2.49 billion recorded in the corresponding period of 2025, driven largely by higher transaction fees and strong contributions from equity-accounted investees. …
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Kano approves N21.29 billion for water projects to tackle supply crisis
April 30, 2026
The Kano State Government has approved N21.29 billion for the rehabilitation of Tamburawa and Challawa water treatment plants, alongside the restoration of key facilities, in a bid to address persistent water scarcity across the state. The post Kano approves N21.29…
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Seplat Energy records N52.5 billion Q1 post-tax profit, declares dividend in dollars
April 30, 2026
Seplat Energy Plc has published its first quarter 2026 results, reporting a post-tax profit of N52.5 billion, up from N35.3 billion in Q1 2025, according to its latest filing on the Nigerian Exchange. The post Seplat Energy records N52.5 billion Q1…
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