Business
Withdrawal of COVID-19 Forbearance pushes banks’ bad loans above CBN limit
By Elizabeth Adegbesan The withdrawal of the Central Bank of Nigeria’s (CBN) COVID-19 regulatory forbearance given to banks has pushed banks’ Non-Performing Loans (NPLs) ratio to 9.94 per cent in the
Dealers effect petrol, diesel depot price cuts
•As crude oil prices drop By Udeme Akpan, Energy Editor Competition among petroleum marketers and depot operators intensified on Tuesday as the prices of Premium Motor Spirit (PMS), also known as
Aramco, ExxonMobil, Chevron, BP Post $65bn Profit As Iran Conflict Sends Oil Prices Higher
Saudi Aramco, ExxonMobil, Chevron and BP have reported a combined second quarter profit of about $65 billion, as soaring crude oil prices and refining margins triggered by the Iran conflict
Aramco, Exxon, BP, Chevron Reap Massive Profits Off Iran Conflict
• Trump blasts oil firms, accuses them of making too much money •Four companies rake in over $65bn in profits •Reuters: Dangote refinery to raise $5bn in Oct. listing Emmanuel
From Blandness to Tasty Meal with Tastemaker
Many cooks know the disappointment of spending time preparing a meal, only to discover that the final dish does not deliver the flavour they expected. For many Nigerian home cooks
MoiPay Way Moves to Strengthen Kwara’s Position in Digital Technology
Oriarehu Bonny Organisers of the Kwara Tech Fest 2026 are set to hold the maiden edition of the event in Offa to provide global technology, investment and innovation opportunities. The two-day
AfCFTA Can Rescue 1.4bn Africans from Economic Fragmentation
Pluchi Chibuzor Prominent pan-African corporate leaders have called for an urgent end to market fragmentation across the region, warning that the continent will remain globally competitive only in theory until
Rite Foods Blazes the Trail in Sustainability, Commits to Clean Energy Adoption, Community Growth
Oluchi Chibuzor Rite Foods Limited, has reaffirmed its commitment to sustainable business practices, recording significant progress in environmental stewardship, cleaner energy adoption and community investment as it continues to embed
Anammah: Sound Corporate Governance Practices Crucial to Nigeria’s Economic Growth
Oluchi Chibuzor The Board Chair of Nigerian Breweries Plc, Juliet Anammah, has underscored the importance of strong corporate governance and consistent industrial policy as critical drivers of Nigeria’s long-term economic
Rex Insurance Meets Recapitalisation threshold, Reinforces Financial Strength
Rex Insurance Limited occupied a prominent position in the list of successfully recapitalised insurance companies recently released by the National Insurance Commission( NAICOM). The company said it has successfully met
