Kering Sells Beauty Division to L’Oreal for $4.6 Billion in Strategic Move to Cut Debt
In a landmark deal reshaping the luxury and cosmetics industries, French luxury group Kering announced on Sunday, October 19, 2025, the sale of its…
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FCMB Partners with NCDMB and BoI to Empower Local Contractors through Community Contractors Finance Scheme
In a significant stride toward bolstering local content development in Nigeria’s oil and gas industry, First City Monument Bank (FCMB) has been nam…
OpenAI Rolls Out 7.5% VAT on Services in Nigeria: A Milestone in Digital Tax Compliance
Lagos, Nigeria – October 20, 2025 – In a significant step toward aligning with Nigeria's evolving tax landscape, leading artificial intelligenc…
Nigeria Emerges as the Driving Force Behind Africa's Economic and Energy Renaissance
In a dynamic shift that's captivating global observers, Nigeria is firmly establishing itself as the undisputed leader in Africa's burgeoni…
Seplat Energy Plc Delivers Stellar Revenue Growth in H1 2025 Amid Profitability Challenges
Lagos, Nigeria – October 20, 2025 – In a resounding display of operational prowess, Seplat Energy Plc, one of Nigeria's leading independent oil…
SEC Director General Urges Stockbrokers to Champion Professionalism and Ethics in Nigeria's Evolving Capital Market
In a resounding call to action that resonates deeply with the future of Nigeria's financial landscape, the Director General of the Securities a…
Nigeria's Foreign Exchange Reserves Hit Five-Year Peak Amid Economic Reforms: A Deep Dive into Stability and Growth
Abuja – October 16, 2025 – In a resounding vote of confidence for Nigeria's economic trajectory, the Central Bank of Nigeria (CBN) has unveiled…
FCMB Group Plc Unveils Compelling Facts Behind Its Landmark ₦160 Billion Public Share Offer at NGX
Lagos, Nigeria – October 16, 2025 – In a resounding display of transparency and strategic foresight, FCMB Group Plc, one of Nigeria's most dyna…
Gold Surges Past $4,200 Milestone Amid Fed Rate Cut Bets and US-China Trade Escalation
Washington, D.C. – October 15, 2025 – The price of gold per troy ounce rocketed to a fresh all-time high above $4,200 on Wednesday, fueled by inves…
International Monetary Fund Upgrades Nigeria's Growth Forecast to 3.9% in 2025 Amid Global Slowdown
Washington D.C., October 15, 2025 – In a resounding vote of confidence for Africa's largest economy, the International Monetary Fund (IMF) has …
House of Representatives Summons Central Bank of Nigeria and Banks Over Widespread Arbitrary Account Deductions Amid Public Outcry
In a significant move aimed at addressing growing public frustration with Nigeria's banking sector, the House of Representatives has issued a s…
Zenith Bank Achieves Remarkable 160% Subscription in Recapitalisation Drive, Signaling Robust Investor Confidence
In a resounding testament to its enduring appeal and financial prowess, Zenith Bank Plc has successfully concluded its recapitalisation exercise wi…
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