Rahma Oladosu

JAIZ Bank Records 24% Profit Growth, to Raise Additional N150bn Capital

JAIZ Bank Records 24% Profit Growth, to Raise Additional N150bn Capital   JAIZ Bank Plc has reported a robust performance in its 2025 financial year, with a 24% growth in gross earnings for the year ended December 31, 2025. Briefing journalists at...

Reps Extend Airport, Seaport Concession Probe

Reps Extend Airport, Seaport Concession Probe   The Chairman of the House of Representatives Ad-hoc Committee investigating airport and seaport concession agreements, Kolawole Akinlayo, has explained why the panel is yet to submit its report to the House, saying it is...

Dangote Refutes Claims of Fuel Re-Importation via Togo

Dangote Refutes Claims of Fuel Re-Importation via Togo   The management of Dangote Petroleum Refinery and Petrochemicals has denied claims by S&P Global that Nigerian marketers are re-importing the fuels it exports to the Lomé trading hub in Togo, describing the...

Petrol Prices Stay High Despite Crude Oil Fall to $73

Petrol Prices Stay High Despite Crude Oil Fall to $73   The price of petrol has remained high even as crude oil prices crashed to $73 per barrel on Wednesday, their lowest level since the US-Iran conflict began in February. According to...

In Three Months, Manufacturing Sector Remits N330bn in VAT

In Three Months, Manufacturing Sector Remits N330bn in VAT   Nigeria’s manufacturing sector remitted a record N329.59bn in Value Added Tax in the first quarter of 2026, the highest quarterly VAT contribution by the sector in four years and the largest...

Manufacturing Credit Drops by N1.92trn as Funding Gaps Widen

Manufacturing Credit Drops by N1.92trn as Funding Gaps Widen   The Manufacturers Association of Nigeria (MAN) has blamed the sharp decline in credit to the manufacturing sector on the Federal Government’s failure to implement the promised N1tn Manufacturing Stabilisation Fund, high...
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