- Business
UBA commemorates Women’s month with special edition of business series
United Bank for Africa (UBA) Plc, said all is set to host a special edition of its impactful quarterly UBA Business Series, which be specifically focused on celebrating and empowering the modern woman with the theme: “gen w- ‘The Evolved Woman’ The session, which is scheduled to hold this week will bring together an array of accomplished female leaders and…
Read More » - Business
At N5.2trn, MTN Nigeria leads Dangote Cement, others as highest revenue generating company in 2025
MTN Nigeria Communications Plc in the 2025 financial year reported N5.2 trillion revenue to outshine Dangote Cement Plc, Oando Plc, among others listed companies on the Nigerian Exchange Limited (NGX). As gathered by WESTERN POST, the telecommunication giant saw its revenue increasing by nearly 5 per cent from N3.36 trillion reported in 2024, amid hike in price of data, among…
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Dangote Cement reports N4.31trn revenue in 2025
Dangote Cement Plc has reported its full year ended December 31, 2025 result and accounts with a revenue of N4.31 trillion, about 20.3 per cent increase over N3.58trillion reported in 2024. From the profit & loss figures, the company posted a profit before tax of N1.53 trillion, representing an increase of 109.2per cent from N732.54 billion reported in 2024 financial…
Read More » - Economy
30 banks have scaled new minimum capital thresholds, says CBN
The Central Bank of Nigeria (CBN) on Friday disclosed that 30 banks have met the new minimum capital requirements applicable to their respective licence authorisations as of March 6, 2026. The CBN further stated that in total, 33 banks have raised additional capital through rights issues, initial public offerings (IPOs), and private placements as part of the ongoing industry recapitalisation…
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Broad money supply drops to N123.36trn in January 2026, says CBN
The Central Bank of Nigeria (CBN) has disclosed that Nigeria’s broad money supply (M3) dropped to N123.36 trillion in January 2026, compared to N124.4 trillion recorded in December 2025. M3, comprises currency in circulation outside banks, demand deposits, savings and time deposits, as well as foreign currency deposits. The month-on-month decline indicates a slight moderation in overall liquidity conditions at…
Read More » - Perspectives
Tinubu: Unique leader with penchant for rewarding talent and loyalty, by Kola Amzat
Almighty God has configured the universe, as well as human beings He deliberately created to populate it, in a way and manner that no one is imbued with capacity to ascend to prominence on his own without the intervention of a specifically assigned Angel, Prophet or a Destiny Helper. Even Abraham, the father of faith ascended to eternal glory &…
Read More » - Economy
Lekki port leads as total cargo throughput increases by 24.8% to 129.3m tonnes in 2025
The Nigerian Ports Authority (NPA) has disclosed that seaports recorded a sharp increase in cargo activity in 2025, as Lekki port leads others in 24.8 per cent to 129.3 million metric tonnes total throughput last year. This is contained in the 2025 operational performance report released by the NPA on Wednesday.According to the report, the 2025 figure represents an…
Read More » - Economy
Q3 2025: NBS declares 6.55% increase in company income tax
The National Bureau of Statistics (NBS) has declared a Company Income Tax (CIT) for the third quarter (Q3) 2025 at N2.96 trillion, showing an increase of 6.55per cent on a quarter-on-quarter basis from N2.78 trillion in Q2 2025. The report by the NBS revealed that the domestic CIT received was N1.21 trillion, while Foreign CIT Payment was N1.75 trillion in…
Read More » - Company Report
2025FY: Zichis Agro-Allied Industries to reward shareholders with robust dividend payout, bonus shares
The management of Zichis Agro-Allied Industries Plc has proposed a 20 kobo dividend and a one-for-one bonus issue for shareholders amid impressive 2025 financial year result and accounts. The reward to shareholders came days after the management of the Nigerian Exchange Limited (NGX) suspended trading of the company’s shares. The dividend and bonus reward is estimated at N120 million in…
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Aradel Holdings, FCMB Group, 10 others violate post-listing rules, says NGX
The Nigerian Exchange Limited (NGX) has issued warning letters to 12 companies for violating listing rules, including insider dealing during closed periods and the unauthorised publication of announcements. The regulatory move was published in its X-Compliance report covering the 2025/2026 cycle on Monday. The X-Compliance report is a transparency initiative of the NGX Regulation Limited (NGX RegCo), designed to maintain…
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