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United Bank for Africa Plc has released its audited group financial results for the year ended December 31, 2025, posting gross earnings of N3 trillion. The top-line growth reinforces its position as one of Africa’s most systemically important banks. Despite…
Read moreUnited Bank for Africa PLC has released its audited group financial results for the full year ended December 31, 2025, reporting a 47% decline in pre-tax profit to N423 billion compared to the N804 billion in 2024. The decline in profit was driven by material loan…
Read moreThe global oil market is still very much a refinery game. With demand holding above 100 million barrels per day, data from the International Energy Agency (IEA) shows the real leverage in the oil value chain now sits downstream, where…
Read moreNigeria’s credit sector has, in the space of just a few years, moved from a niche fintech offering to a mainstream financial tool used by millions. A major driver of this surge is mostly limited access to traditional bank loans, and the speed at…
Read moreThe Nigeria Police Force has rescued nine kidnapped victims, including passengers from a GUO bus, along the Benin–Lagos expressway. The Edo State Police Command confirmed the development in a statement released on Friday by its Public Relations Officer, ASP Eno Ikoedem. The rescue follows recent…
Read moreOperatives of the Economic and Financial Crimes Commission (EFCC) have arrested Bekono Marc Eric, a Cameroonian national, over his alleged involvement in a N1.5 billion bank fraud in Lagos. The anti-graft agency disclosed this on April 24 in a statement shared…
Read moreThe Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has revealed his administration’s strategic economic priorities while appreciating the role of his predecessor, Wale Edun. He made this known in a statement via his Facebook page on…
Read moreThe Federal Competition and Consumer Protection Commission has sealed a supermarket in Guzape, Abuja, over multiple consumer protection violations. This was disclosed in a statement shared by the Commission on its official X platform following an enforcement operation triggered by…
Read moreTranscorp Hotels Plc has reported a pretax profit of N7.07 billion for the first quarter of 2026, according to its latest financial statement released on the Nigerian Exchange. This marks a 14.97% year-on-year increase from the N6.1 billion recorded in Q1 2025,…
Read moreThe Federal High Court in Abuja on Friday adjourned the alleged N80 billion money laundering case filed against former Kogi State Governor, Yahaya Bello, by the Economic and Financial Crimes Commission (EFCC) to May 6. Justice Emeka Nwite adjourned the trial to allow…
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