Economy

Lagos IGR Rises 45% to ₦1.3 Trillion, Sanwo-Olu Advocates Autonomy for Revenue Authorities

Babajide Sanwo-Olu has commended the performance of the Lagos State Internal Revenue Service (LIRS) following a 45 percent increase in…

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Unity Bank, Experts Advocate Green Investment, Climate Innovation to Drive Economic Resilience

Nigeria’s retail lender, Unity Bank Plc, alongside leading climate innovation experts, has called for increased investment in the green economy…

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Access Holdings Disclaims Leaked Financial Highlights, Confirms Pending Release of 2025 Results

Access Holdings Plc has dismissed unauthorised financial highlights circulating on social media regarding its 2025 audited financial statements, stating that…

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Stanbic IBTC Grows Profit to ₦380.8 Billion as Total Assets Hit ₦8.62 Trillion in 2025

Stanbic IBTC Holdings Plc reported a strong financial performance for the year ended December 31, 2025 with profit after tax…

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Global Scam Losses Exceed $47 Billion as Southeast Asia Emerges as Major Fraud Hub

Global financial losses from scams have exceeded $47 billion annually with emerging data pointing to Southeast Asia as a central…

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Dollar to Naira Black Market Exchange Rate Today, Tuesday, April 21st 2026

The Dollar to Naira black market exchange rate recorded a slight decline on Tuesday, April 21st 2026, as improved short-term…

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What AI’s Biggest Stock Winners Reveal About the Next Phase of the Market

The performance of leading companies in the artificial intelligence (AI) supply chain between 2021 and 2025 provides a clear, data-backed…

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African Development Bank, European Stability Mechanism Formalise Strategic Partnership

The African Development Bank Group and the European Stability Mechanism have signed a Memorandum of Understanding (MoU) to formalise and…

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Ecobank Reports Record $801 Million PBT as Earnings Rise on Strong Revenue Growth, Cost Efficiency

Ecobank Transnational Incorporated reported a record profit before tax (PBT) of $801 million for the financial year ended December 31,…

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Sub-Saharan Africa Investment Banking Fees Drop 32.8% to $106.9 Million

Sub-Saharan Africa’s investment banking industry recorded a sharp decline in revenue in the first quarter of 2026 with total fees…

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