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 the end of its 14th...
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 still carrying out extensive investigations...
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 claim as “unfounded and misleading”.
“Management...
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 Oilprice.com, crude oil fell from...
FG Borrowing Rises by N17.4trn - CBN Report
Fresh data released by the Central Bank of Nigeria (CBN) reveals that credit to the Federal Government rose sharply over the 12 months ending in May 2026.
The surge highlights an aggressive public sector appetite for borrowing despite...
Fuel Marketers Increase Imports by 60% Despite Local Refineries
Petrol imports rose sharply by 59.5 per cent in May after months of decline, as oil marketers increased purchases from foreign suppliers despite rising output from domestic refineries, according to data obtained from the Nigerian Midstream...
