By Seun Ibiyemi Berger Paints Plc has released its audited 2025 financial results on the Nigerian Exchange Limited, reporting a pretax profit of N2.4 billion, representing a 116.43 per cent year-on-year increase. The strong performance was driven by improved revenue, with total sales rising by 19.93 per cent to N12.9 billion from N10.8 billion recorded…
By Seun Ibiyemi The ECOWAS Bank for Investment and Development (EBID) has approved a total of $266.7 million and XOF 30 billion to finance a range of strategic development projects across West Africa, reinforcing its commitment to sustainable and inclusive growth in the region. The approvals were granted during the bank’s 95th Board of Directors…
By Seun Ibiyemi The Nigeria Customs Service (NCS), Oyo/Osun Area Command, has intensified efforts to curb smuggling and promote lawful trade through strengthened collaboration with traditional institutions in Oyo State. The Acting Customs Area Controller of the Command, DC Wale Moses Adewole, led a delegation on a familiarisation visit to the palaces of the Onigbeti…
By Seun Ibiyemi The Central Bank of Nigeria (CBN) has announced the successful completion of its banking sector recapitalisation programme launched in March 2024, with Nigerian banks raising a total of ₦4.65 trillion in fresh capital. The apex bank disclosed this in a statement issued in Abuja and jointly signed by Dr. Olubukola Akinwunmi, Director…
By Seun Ibiyemi Abbey Mortgage Bank Plc has reported a profit before tax of ₦3.13 billion for the financial year ended December 31, 2025, reflecting strong growth in its core earnings and sustained commitment to enhancing shareholder value. The bank disclosed this in its audited financial results submitted to the Nigerian Exchange Group, showing a…
The Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA) engaged with members of the House of Representatives at the National Assembly during the budget defence session, reaffirming his commitment to transparency, fiscal responsibility, and the sustained development of Nigeria’s maritime sector. L-R: Member, House of Representatives Committee on Maritime Safety, Education and Administration;…
…As CGC Adeniyi commissions project at government secondary school Wuse By Seun Ibiyemi The Comptroller-General of Customs (CGC), Adewale Adeniyi, on Tuesday, 31 March 2026, commissioned a major intervention project at Government Secondary School, Wuse, Abuja, marking the one-year anniversary of the Nigeria Customs Service’s Corporate Social Responsibility initiative tagged ‘Customs Cares’. Addressing students, staff,…
By Seun Ibiyemi The Nigerian Railway Corporation (NRC) has unveiled special train service arrangements across its corridors to accommodate increased passenger traffic during the Easter holiday period. NRC’s Chief Public Relations Officer, Callistus Unyimadu made the announcement on Tuesday in Lagos. For the Lagos-Ibadan Train Service (LITS), three additional trips are scheduled on Thursday, April…
By Seun Ibiyemi TotalEnergies Marketing Nigeria Plc has reported a significant decline in its financial performance for the year ended Dec. 31, 2025, posting both revenue contraction and a swing into losses. According to its audited financial statements released on the Nigerian Exchange Ltd. on Monday, the company’s revenue fell by 26 per cent to…
By Seun Ibiyemi Guaranty Trust Holding Company Plc (GTCO) has reported a profit before tax of ₦1.23 trillion for the financial year ended December 31, 2025, driven by sustained growth in its core earnings lines. The Group disclosed this in its audited consolidated and separate financial statements released to the Nigerian Exchange Group (NGX) and…
