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Flutterwave gains Nigerian banking licence to run microfinance services

Nigeria, April 3 -- Africa's payments giant Flutterwave has received regulatory approval in Nigeria, where its operational headquarters are located, to operate a microfinance unit. The move will enab... Read More


GTCO reports N865.75 billion in profits, down 15% in 2025

Nigeria, April 1 -- Guaranty Trust Holding Company (GTCO) saw its 2025 earnings drop by 14.9 per cent in a year when other income shrank, and weak revenue growth could not shield profit from the impac... Read More


Berger Paints plans 25% increase in final dividends as yearly profit rises

Nigeria, April 1 -- Berger Paints is scaling up final dividends for 2025 in mark of a hugely rewarding year, when post-tax profit touched a record and leapt by 147.7 per cent to N1.6 billion, compared... Read More


Coronation Insurance, MTN Nigeria, C & I Leasing top stock pick this week

Nigeria, March 30 -- Nigerian stocks paused their run of gains last week, dipping by 0.12 per cent as profit-taking in banking stocks weighed on market performance. That is no reason for concern thoug... Read More


Paint-maker CAP Plc reports 51% jump in annual profit to record N5.7 billion

Nigeria, March 27 -- CAP Plc, the paint-making subsidiary of UAC of Nigeria Plc, posted a 50.9 per cent increase in post-tax profit for 2025 in comparison to the preceding year, with turnover rising b... Read More


106 London properties linked to Access Holdings ex-CEO Wigwe

Nigeria, March 27 -- The man, who powered the big push that made Access Holdings West Africa's top banking institution and one of the biggest on the continent, owned 106 properties in London, which ar... Read More


How my foundation supported 24,000 entrepreneurs with over $100 million in 16 years - Elumelu

Nigeria, March 23 -- The chairman of United Bank for Africa and Transnational Corporation of Nigeria, Tony Elumelu, has said his foundation, the Tony Elumelu Foundation, has disbursed more than $100 m... Read More


UBA, NPF Microfinance Bank, Lafarge top stock pick this week

Nigeria, March 23 -- Nigerian stocks pulled off a 1.4 per cent gain this week, even as the market saw limited trading sessions on account of public holidays on Thursday and Friday, marking this year's... Read More


Nigeria floors businessman seeking refund of $159 million Paris Club debt

Nigeria, March 20 -- The United States District Court for the District of Columbia has granted a motion to dismiss an attempt by a Nigerian businessman to enforce a $159 million payment agreement agai... Read More


Nigeria reaches £746 million deal with UK to upgrade ports

Nigeria, March 19 -- Nigeria has entered an export finance deal of £746 million with the United Kingdom, aimed at modernising two of its major seaports - Lagos Port Complex and TinCan Island Port... Read More