Business

UBA generates N3.19trn revenue, N767bn profit in 2024UBA generates N3.19trn revenue, N767bn profit in 2024

UBA generates N3.19trn revenue, N767bn profit in 2024

The United Bank for Africa (UBA) has generated a gross revenue of N3.19 trillion and a profit after tax of…

9 hours ago
Stock market trades N10.37bn shares amid bullish trendStock market trades N10.37bn shares amid bullish trend

Stock market trades N10.37bn shares amid bullish trend

The Nigerian stock market transacted 328.257 million shares worth N10.370 billion in 12,142 deals on Thursday, April 24, 2025. This…

18 hours ago
Lafarge Africa generates N248.35bn revenue, profit hits N48.64bn in Q1 2025Lafarge Africa generates N248.35bn revenue, profit hits N48.64bn in Q1 2025

Lafarge Africa generates N248.35bn revenue, profit hits N48.64bn in Q1 2025

Lafarge Africa Plc has announced sales revenue of N248.35 billion for the first quarter of the 2025 financial year. The…

1 day ago
UBA posts N189.84bn profit in Q1 2025UBA posts N189.84bn profit in Q1 2025

UBA posts N189.84bn profit in Q1 2025

The United Bank for Africa (UBA) has announced a profit of N189.84 billion for the first quarter of 2025. This…

2 days ago
Stock market records N342bn gainStock market records N342bn gain

Stock market records N342bn gain

The Nigerian stock market extended its positive trend, appreciating by N342 billion amid increased buying interest on Wednesday, April 23,…

2 days ago
PenCom recovers N1.58bn from defaulting employers, pension assets hit N23trnPenCom recovers N1.58bn from defaulting employers, pension assets hit N23trn

PenCom recovers N1.58bn from defaulting employers, pension assets hit N23trn

The National Pension Commission (PenCom) has announced the recovery of N1.58 billion from defaulting employers through enhanced enforcement efforts.This information…

2 days ago
Stock market records N318bn gainStock market records N318bn gain

Stock market records N318bn gain

The Nigerian stock market opened the week on a bullish note on Tuesday, April 22, 2025, gaining N318 billion after…

3 days ago
Nigeria Customs exceeds target, rakes in N1.75trn revenue in Q1’25Nigeria Customs exceeds target, rakes in N1.75trn revenue in Q1’25

Nigeria Customs exceeds target, rakes in N1.75trn revenue in Q1’25

The Nigeria Customs Service (NCS) has collected N1.75 trillion as revenue for the first quarter of 2025. The Comptroller-General (C-G)…

3 days ago
IMF: Nigeria’s 2025 economic growth to decline to 3.0%IMF: Nigeria’s 2025 economic growth to decline to 3.0%

IMF: Nigeria’s 2025 economic growth to decline to 3.0%

The International Monetary Fund (IMF) has projected that Nigeria’s economic growth will decline to 3.0 per cent in 2025. The…

3 days ago
Gold hits record, stocks slip as Trump attacks Fed chiefGold hits record, stocks slip as Trump attacks Fed chief

Gold hits record, stocks slip as Trump attacks Fed chief

Bullion hit another record on Tuesday, April 22, 2025, while the dollar steadied and equities mostly fell as United States…

4 days ago