Category: Business
Wema Bank’s Profit Soars 231% In H1 2025
Wema Bank Plc, Nigeria’s oldest indigenous financial institution and the trailblazer behind Africa’s first fully digital bank, ALAT has published its unaudited financial results.” [more…]
Binatone Begins 10% Sales Discount To Mark Anniversary
Nationwide Global Appliances Nigeria Limited, the official distributor of Binatone products in Nigeria, has unveiled a special one-month anniversary promotion, offering customers nationwide a 10% [more…]
Media Powerhouse Olufisayomi Ajibola Appointed General Manager of Melody 107.7 FM
Respected media professional Olufisayomi Ajibola, popularly known as “Perfect,” has been appointed as the General Manager of Melody 107.7 FM, a rapidly growing lifestyle and [more…]
Nigeria’s GDP Grows by 3.13% in Q1 2025 Following Economic Rebasing
Nigeria’s Gross Domestic Product (GDP) grew by 3.13% year-on-year in real terms in the first quarter of 2025. This is according [more…]
First Asset Launches Bold Drive to Raise 100 Million Investment-Savvy Nigerians
First Asset Management, a leading Nigerian investment firm and subsidiary of FirstHoldCo Plc, has unveiled the “100 Million Smart Investors” initiative — a bold national [more…]
Wema Bank’s ALAT Wins Best Digital Bank in Nigeria — Euromoney Awards 2025
In recognition of its pioneering role in Africa’s digital banking space, ALAT Africa’s first fully digital bank and an innovation of Nigeria’s oldest indigenous bank, [more…]
Nigeria Achieves OPEC Quota of 1.5 Mb/d in Oil Output
In June, Nigeria’s crude oil output surpassed 1.5 million barrels per day, aligning with the production target set by the Organization of the Petroleum Exporting [more…]
Dangote Reduces Ex-Depot Petrol Price to ₦840 Per Litre
The Dangote Petroleum Refinery has announced a reduction in the ex-depot price of petrol, bringing it down from ₦880 to ₦840 per litre, in a [more…]
President Tinubu Enacts Four Tax Reform Bills
President Bola Tinubu has assented to the four tax reform bills recently passed by the National Assembly. The short ceremony which took place at the [more…]
Wema Bank Wins ‘Commercial Bank of the Year’ at 2025 Nairametrics Capital Market Awards
Wema Bank, Nigeria’s most innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has been announced as the winner of the ‘Commercial Bank [more…]
