Seplat Posts 74% Pre-Tax Profit Jump to N790bn, Declares Record US$0.12 Dividend
Seplat Energy Plc reported a 74.1% year-on-year rise in profit before tax to N790.4 billion for the six months ended...
First HoldCo Approves 60% Dividend Payout Policy After Record Half-Year Profit Surge
First HoldCo Plc has approved a new dividend policy committing the group to distribute at least 60% of its annual...
Nigerian Issuers Pay Up to 20% to Raise Debt in First Half of 2026
Corporate borrowers and state-backed entities paid coupon rates as high as 20% to access Nigeria’s debt capital market in the...
US Imposes 12.5% Tariff on Nigerian Exports Over Forced Labour Concerns
The United States has imposed a 12.5% tariff on most Nigerian exports following a Section 301 investigation that concluded Nigeria...
FG to Phase Out Electricity Subsidy, Introduce Cost-Reflective Tariffs Within a Year
The Federal Government has confirmed plans to gradually eliminate electricity subsidies and fully implement cost-reflective tariffs across Nigeria’s power sector....
NRS Gives Large Taxpayers July 31 Deadline to Fully Adopt E-Invoicing System
The Nigeria Revenue Service (NRS) has set July 31, 2026, as the final deadline for all large taxpayers to fully...
FG Approves $11.50/Barrel Tax Credit for Shell’s Bonga Southwest Aparo Project
The Federal Government has granted Shell Plc and its partners a special production-linked tax credit of $11.50 per barrel for...
Nigeria’s $51 Billion Reserves at Risk from Volatile Capital and Oil Reliance – EBC
Global financial services firm EBC Financial Group has warned that Nigeria’s foreign reserves, which recently surpassed the $51 billion mark,...
SEC Gives Capital Market Operators Two Days to Submit Capital Flows Returns
The Securities and Exchange Commission (SEC) has issued an urgent directive to all capital market operators to submit their second-quarter...
FX Market Turnover Surges to $3.05 Billion, Highest in Three Months
Nigeria’s foreign exchange market posted its strongest weekly performance in over three months, with total turnover reaching $3.053 billion in...
Popular Story
Seplat Posts 74% Pre-Tax Profit Jump to N790bn, Declares Record US$0.12 Dividend
First HoldCo Approves 60% Dividend Payout Policy After Record Half-Year Profit Surge
Seplat Agrees to Sell 10% Stake in NNPC Joint Venture for $281.6 Million
NGX Loses N1.005 Trillion in Single Session as Two-Day Sell-Off Hits N1.65 Trillion
31 Nigerian States Grapple with N2.57 Trillion Domestic Debt Amid No Foreign Inflows