66 stories
Champion Breweries Plc has released its unaudited Q3 2026 financial results, reporting a pre-tax profit of N917.52 million for the nine months ended September 2026, marking a 70.77% year-on-year (YoY) decline from N3.14 billion in the same period of 2025. The post Champion Breweries’ 9M 2026…
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) will open the bid portal for Nigeria’s 2026 oil and gas licensing round on November 20, with 40 blocks available to local and international investors. The post NUPRC sets November 20 for opening of 2026 oil, gas licensing round portal…
Afreximbank has provided an $81.9 million loan to Veenocks Limited to expand its porcelain tile manufacturing plant in Sagamu, Ogun State, in a project expected to increase annual production capacity threefold. The post Afreximbank provides $81.9 million loan to Veenocks for Ogun tile factory…
The United Kingdom government has reversed its proposal to extend the permanent residency qualifying period for migrant care workers to 15 years, allowing eligible foreign workers, including Nigerians, to retain the existing five-year settlement pathway. The post UK reverses 15-year settlement…
The Nigerian equities market opened November trading on a bearish note on Monday, November 2, 2026, as losses in banking, oil and gas, and consumer goods stocks outweighed gains in industrial and insurance counters. The post Nigerian stocks open November lower as banking, oil and gas stocks drag…
CapitalSage Holdings today marked its tenth anniversary with the launch of its new global headquarters in Ibadan, Oyo State, marking a milestone in its journey from a small entrepreneurial venture to a diversified group of businesses operating across multiple sectors and countries. The landmark…
The Nigerian naira enters the month supported by rising crude oil prices, higher domestic oil output, and a substantial increase in foreign reserves. The post Naira Outlook Stable amid Bonny light at $115 a barrel & CBN’s $55 billion appeared first on Nairametrics.
Nigeria must either increase the Federal Government's share of national revenue or transfer some of its responsibilities to state governments to address its persistent fiscal challenges, according to Samson Esemuede, Chief Investment Officer at Zrosk Investment Management Ltd. The post Nigeria…
Binance, the world's largest cryptocurrency exchange, has begun restoring cryptocurrency withdrawals in phases following a cyberattack that resulted in the theft of approximately $6.3 billion in digital assets. The post Binance resumes withdrawals in phases after $6 billion cyberattack appeared…
The Federal Government, through the Presidential Initiative on Compressed Natural Gas and Electric Vehicles (Pi-CNG & EV), has handed over five electric buses to transport operators in Kano State, targeting a 40% reduction in fares for commuters. The post FG hands five electric buses to Kano…
In an exclusive interview with Nairametrics, Tpl. Godfrey C. Aniebo, Managing Director and Co-founder of Goania Project Limited, a Lagos-based town planning consultancy, shares his perspective on the realities of property development in Lagos. The post Lagos Real Estate: Goania Project MD reveals…
The African Development Bank (AfDB) has approved $100 million for the establishment of the Youth Entrepreneurship Investment Bank in Nigeria. This announcement was made by AfDB President, Dr. Akinwunmi Adesina, during a keynote address at a public lecture in Abuja celebrating…
