Naira Holds Steady Against Pound as Bank of England Maintains Interest Rates
The naira traded with relative stability against the British pound on Thursday following the Bank of England’s decision to keep its benchmark interest rates...
Dangote Refinery Expands U.S. Exports With Three Gasoline Cargoes in 10 Days
The Dangote Refinery has strengthened its foothold in the United States fuel market, dispatching three gasoline cargoes to New York Harbour within the past...
Shoprite Nigeria Grapples With Store Closures and Supply Shortages Amid Harsh Business Climate
Shoprite Nigeria, the country’s largest retail chain, is facing mounting operational challenges as several of its outlets struggle to remain fully functional.
In recent weeks,...
Experts Predict Possible 25–50 Basis Point Cut as CBN’s MPC Convenes
As the Central Bank of Nigeria (CBN) prepares for its upcoming Monetary Policy Committee (MPC) meeting, economic analysts are forecasting a potential 25 to...
UBA Reports N388.4 Billion Pre-Tax Profit in H1 2025, Declares Interim Dividend
United Bank for Africa (UBA) Plc has announced its financial results for the first half of 2025, recording a pre-tax profit of N388.4 billion...
