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The 2025 financial year will likely be remembered as one of the most transformative periods in Nigeria’s downstream petroleum industry. The continued implementation of market-based fuel pricing, changing supply-chain dynamics, and increasing domestic refining capacity reshaped competitive conditions across the…
Read moreBillionaire investor and Chairman of First HoldCo Plc, Femi Otedola, has acquired approximately 680 million shares in the company through its recently concluded private placement, giving him a 20.42% stake in the financial institution. The post BREAKING: Femi Otedola acquires…
Read moreThe Nigerian equities market extended its bearish run on Thursday as a broad-based selloff swept through all major sectors, pushing the NGX All-Share Index lower by 1.41% and erasing N2.18 trillion from investors’ wealth. The post Nigerian equities bleed N2.18…
Read moreThe Federal Government has issued implementation guidelines for the transition from the repealed tax laws to the new Tax Acts 2025, which take effect from January 1, 2026. The post Tax Acts 2025: FG issues guidelines for January 2026 transition…
Read moreThe National Economic Council (NEC) on Thursday approved N83.2 billion to mitigate the impact of anticipated flooding and other climate-related emergencies across the country. The post NEC approves N83.2 billion to tackle flood emergencies across Nigeria appeared first on Nairametrics.
Read morePresident Bola Ahmed Tinubu has appointed Mr. Kunle Elebute as Chairman of the Governing Board of the Financial Reporting Council of Nigeria (FRCN). The post Tinubu appoints former KPMG Africa Chairman Kunle Elebute as FRCN Board Chair appeared first on…
Read moreThe ongoing legal dispute between the Wireless Application Service Providers Association of Nigeria (WASPAN) and the Federal Competition and Consumer Protection Commission (FCCPC) over the applicability of the Digital Electronic Online and Non-Traditional Consumer Lending Regulations (DEON) to airtime lending…
Read moreNigeria has secured a €200 million financing facility from the European Investment Bank’s development arm, EIB Global, through a partnership with the Development Bank of Nigeria to expand access to credit for small businesses and support investments in the country’s…
Read moreCornerstone Insurance Plc has announced a final dividend of N0.28 kobo per share for the financial year ended December 31, 2025 despite a 69% fall in its pre-tax profit to N8.73 billion, down from N28.62 billion in FY2024. The post…
Read moreRank, an integrated financial services and wealth management platform, has reaffirmed its commitment to enabling young Africans to leverage their demographic advantage and digital fluency to unlock wealth creation opportunities at scale.Speaking at The Collective, Rank’s flagship user event, Femi…
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