Microfinance in Motion: Navigating the Digital Shift in Nigeria’s Cashless Economy
The rollout of the naira redesign and Nigeria’s cashless policy in early 2023 did not take microfinance banks by surprise.…
Investors Rally Around VFD Group as Profits Soar and Expansion Plans Unfold
Shares of VFD Group Plc have soared by 69% so far in April 2025, climbing to N79.80 by the close…
EU Holds Back on $23B Tariff Response Amid Trump’s Sudden Policy Shift
The European Union has decided to suspend its initial retaliatory measures against the United States following President Donald Trump’s temporary…
Tony Elumelu Reveals TransCorp’s N4.5 Trillion Market Value, Urges Action on Power Issues
The market value of Transnational Corporation Plc (Transcorp Group) has reached a significant milestone, now valued at N4.5 trillion (approximately…
Ogun State to Launch $150 Million Aluminium and Copper Recycling Plant
Ogun State has officially announced the launch of a private aluminium and copper recycling plant by Neveah Ltd, located in…
Nigeria Eyes Onion Processing Breakthrough with BoI-RMRDC Partnership
The Bank of Industry (BoI) and the Raw Materials Research and Development Council (RMRDC) have formed a strategic alliance aimed…
Nvidia Founder Jensen Huang Nets $6.6B in a Day Amid Tariff-Turmoil
Jensen Huang, the billionaire founder and CEO of the semiconductor company Nvidia, saw his wealth rise by a staggering $6.6…
Presco Plc Sees 128.7% Profit Surge, Announces N42 Final Dividend for 2024
Presco Plc has reported an impressive pre-tax profit of N113.2 billion for the year ended 31 December 2024, marking a…
Afreximbank Commits $3 Billion to Strengthen Intra-Africa Oil Trade and Refining Capacity
The African Export–Import Bank (Afreximbank) has pledged a significant $3 billion investment aimed at stimulating intra-Africa trade in refined oil…
Tesla CEO Caught in Trade Crossfire as Fortune Sinks Under $300 Billion
Elon Musk’s net worth has slipped below the $300 billion mark for the first time since late 2024, as global…