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Finance & Economy - Page 4

NNPCL Posts ₦5.4tn Profit in 2024, Unveils Roadmap to Attract $60bn Investments by 2030

The Nigerian National Petroleum Company Limited (NNPCL) has announced a Profit After Tax (PAT) of ₦5.4 trillion for the 2024 financial year, marking one of its strongest performances since its transition into a limited liability energy company. The details were released by

November 25, 2025

Entrepreneurship·FEATURES·Markets·News·Personal Finance·Top Stories

INNOVATION SERIES: How Optiva Capital Partners Unlocks Global Opportunities in Africa’s Investment Immigration Revolution – Franklin Nechi

Leadership in investment immigration goes beyond market share or brand visibility. To me, it means setting the standard — ethically, professionally, and impactfully — for how African families can build global access and financial freedom through legitimate, compliant channels.

October 22, 2025

Africa·Finance & Economy·News·Technology

Egypt Rolls Out App To Digitize Banking, Government Transactions

Egypt’s Central Bank (CBE) has launched the website for Haweya, the country’s first national digital identity platform, which enables citizens to verify and utilize their digital identity for banking and government transactions. The launch is part of Egypt’s plan to transition to

October 19, 2025

Business·Finance & Economy·News·Top Stories

Project Secretariat, Customs Sensitize Eastern Traders, Others on Tinubu’s New Revenue Collection Portal

The Single Window Project, according to the organizers, is a legacy programme of the President Bola Ahmed Tinubus' quest for modalities necessary to be in place for Nigeria to attain a 1 trillion dollar economy by year 2030

October 17, 2025

Africa·Finance & Economy·News

Nigeria Trails Behind as Smaller African Economies Lead IMF Growth Rankings

The International Monetary Fund (IMF) has confirmed that Nigeria is not among Africa’s fastest-growing economies in its latest economic projections, as several smaller nations continue to record stronger growth trajectories across the continent. According to the IMF’s 2025 Article IV Consultation Report

October 17, 2025

News·Oil & Gas·Top Stories

Rights Group Slams NUPENG, PENGASSAN, NLC Over Dangote Refinery Dispute, Labels Them ‘Forces of Retrogression’

The Human Rights Writers Association of Nigeria (HURIWA) has criticized the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), the National Union of Petroleum and Natural Gas Workers (NUPENG), and the Nigerian Labour Congress (NLC), describing them as “forces of

October 17, 2025

Recapitalization: Banks In Last Lap To Meet Deadline

Business·Finance & Economy·Markets·News

Investors Shrug Off Banking Jitters, But More Volatility Lies Ahead – deVere CEO

Financial markets have become conditioned to shrug off setbacks, assuming policymakers will cushion any downside. But this time, support is more limited.

October 17, 2025

Africa·Business·Finance & Economy·News·Top Stories

CBN, Bank of Angola Sign MoU to Strengthen Bilateral Financial Cooperation

The Central Bank of Nigeria (CBN) and the Bank of Angola have signed a Memorandum of Understanding (MoU) aimed at deepening bilateral cooperation and technical exchange between the two financial institutions. The agreement, signed on Thursday, October 16, 2025, seeks to promote

October 17, 2025

News·Oil & Gas·Top Stories

Dangote Refinery Denies Importing High-Sulphur Petrol

The Dangote Petroleum Refinery has refuted reports alleging that it imported high-sulphur petrol into Nigeria, insisting that the cargo in question was an intermediate feedstock meant for refining, not finished fuel. The company’s management, in a statement dated October 10, 2025, described

October 11, 2025

FEATURES·Finance & Economy·World News

China’s Golden Week Shatters Records: 888 Million Trips, ¥809 Billion in Spending Mark New Tourism Surge

China’s recently concluded eight-day National Day and Mid-Autumn Festival holiday has set new records for travel and spending, reaffirming the growing momentum of domestic consumption and mobility across the world’s second-largest economy. According to the Ministry of Culture and Tourism, Chinese residents

October 11, 2025

News·Oil & Gas·Top Stories

Reps Launch Probe into $18B Spent on Dormant Refineries

Nigeria’s House of Representatives has reopened one of the country’s longest-running national scandals: the mystery of billions sunk into “reviving” dead refineries that never breathed again. In a motion that rippled through the Green Chamber on Thursday, Hon. Sesi Oluwaseun Whingan called

October 10, 2025

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Finance & Economy - Page 4

NNPCL Posts ₦5.4tn Profit in 2024, Unveils Roadmap to Attract $60bn Investments by 2030

INNOVATION SERIES: How Optiva Capital Partners Unlocks Global Opportunities in Africa’s Investment Immigration Revolution – Franklin Nechi

Egypt Rolls Out App To Digitize Banking, Government Transactions

Project Secretariat, Customs Sensitize Eastern Traders, Others on Tinubu’s New Revenue Collection Portal

Nigeria Trails Behind as Smaller African Economies Lead IMF Growth Rankings

Rights Group Slams NUPENG, PENGASSAN, NLC Over Dangote Refinery Dispute, Labels Them ‘Forces of Retrogression’

Investors Shrug Off Banking Jitters, But More Volatility Lies Ahead – deVere CEO

CBN, Bank of Angola Sign MoU to Strengthen Bilateral Financial Cooperation

Dangote Refinery Denies Importing High-Sulphur Petrol

China’s Golden Week Shatters Records: 888 Million Trips, ¥809 Billion in Spending Mark New Tourism Surge

Reps Launch Probe into $18B Spent on Dormant Refineries

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Insecurity: Canada slams Travel Alerts On Nigeria, Niger, Sudan, Chad, 13 Other African Nations

CBN Holds Interest Rate At 27% — Fourth Time In 2025

Nigeria Week Ahead: CBN decision, UK Autumn Budget and US Data in Focus

U.S. Threat Prompts Global Airlines to Halt Flights to Country

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Dollar Rate Increases In Parallel Market, Drops In Official Window

Insecurity: Canada slams Travel Alerts On Nigeria, Niger, Sudan, Chad, 13 Other African Nations

NNPCL Posts ₦5.4tn Profit in 2024, Unveils Roadmap to Attract $60bn Investments by 2030

CBN Holds Interest Rate At 27% — Fourth Time In 2025

CBN Holds Interest Rate At 27% — Fourth Time In 2025

Bank of England Set for December Rate Cut

Nigeria Inflation Falls to 16% in October, Cost Pressures Remain High

Lagos Unveils Fresh Food Subsidy Drive to Ease Holiday Price Pressures

Dollar Rate Increases In Parallel Market, Drops In Official Window

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