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DMO raises borrowing cost of FGN Bonds, crashes allotment to N485.50 billion
April 1, 2026
The Debt Management Office (DMO) has increased borrowing costs at its latest Federal Government (FGN) bond auction conducted on Monday, March 30 while significantly cutting allotments to N485.50 billion. The post DMO raises borrowing cost of FGN Bonds, crashes allotment…
Read moreThe Initiates reports N5 billion profit FY2025, on booming waste management services
April 1, 2026
The Initiates Plc has published its audited financial statement for 2025, reporting a pre-tax profit of N5.07 billion, highlighting a strong improvement in overall performance. This represents a 147.1% increase from N2.05 billion recorded in the previous year, mainly driven by revenue growth to N11.6 billion,…
Read morePenCom lifts age limitation on Personal Pension Plan to drive early retirement savings
April 1, 2026
The National Pension Commission (PenCom) says it has lifted the age limitation on its Personal Pension Plan, now allowing students and newborns to begin contributing towards their retirement savings. The post PenCom lifts age limitation on Personal Pension Plan to drive early retirement…
Read moreNigerian crude posts best March, Bonny Light commands high premium
April 1, 2026
Nigerian crude posted its best monthly increase (58 percent) and approached $120 per barrel in early March following disruptions in the Strait of Hormuz. The post Nigerian crude posts best March, Bonny Light commands high premium appeared first on Nairametrics.
Read moreCourt orders final forfeiture of N3 billion, properties linked to ex-NNPC official
April 1, 2026
The Federal High Court sitting in Abuja on Tuesday, March 31, 2026, has ordered the final forfeiture of N3,444,000,000 and three properties linked to Salihu Nuhu Jamari, who served as Managing Director of the Nigerian National Petroleum Corporation (NNPC)’s Gas and Power Investment…
Read moreNAFDAC alerts Nigerians to counterfeit Cerelac Mixed Fruits products in Lagos
April 1, 2026
The National Agency for Food and Drug Administration and Control has alerted Nigerians to the circulation of suspected counterfeit and unregistered Cerelac Mixed Fruits and Wheat products in Lagos State. The post NAFDAC alerts Nigerians to counterfeit Cerelac Mixed Fruits products in…
Read moreFG launches N20 million National Laureate Prize for student research projects
April 1, 2026
The Federal Government has approved the establishment of the Nigeria National Laureate Annual Prize Programme to reward outstanding academic research from tertiary institutions. The post FG launches N20 million National Laureate Prize for student research projects appeared first on Nairametrics.
Read moreNigerian man jailed 15 years in U.S. for $1.5 millon fraud, money laundering
April 1, 2026
A Nigerian national, Saheed Sunday Owolabi, has been sentenced to 15 years in federal prison in the United States for his role in a large-scale fraud and money laundering scheme. The post Nigerian man jailed 15 years in U.S. for…
Read moreGTCO declares final dividend of N11.76 for 2025 financial year
April 1, 2026
Guaranty Trust Holding Company Plc has declared an interim dividend of N11.76 kobo per 50 kobo ordinary share, representing a 67% increase compared to the N7.03 kobo final dividend paid in 2024. The post GTCO declares final dividend of N11.76 for 2025 financial…
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