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Category: Economy

Business Economy headline

Alleged N4.29bn Forex Fraud:  Defendants’ absence stalls arraignment of UBA,  four others

Iheanyi Ejiofor June 3, 2026 No Comments #UBA PLC #Forex #Fraudefcc

The arraignment of United Bank for Africa (UBA) Plc, and four others for an alleged N4.29bn  foreign exchange fraud before Justice Rahman Oshodi of the Lagos State Special Offences Court…

Read More Alleged N4.29bn Forex Fraud:  Defendants’ absence stalls arraignment of UBA,  four others
Business Economy headline

Julius Berger completes Bodo-Bonny Road

Iheanyi Ejiofor June 3, 2026 No Comments #Julius Berger #Bodo-Bonny Road

The 37.9-kilometre Bodo-Bonny Road project in Rivers state awarded to leading engineering construction company, Julius Berger Nigeria PLC has been completed. According to the Project Manager, Engr. Tim Nippert who…

Read More Julius Berger completes Bodo-Bonny Road
Business Economy headline

Security and Exchange moves from T+2 TO T+1 Settlement Cycle: Now globally aligned capital market

Iheanyi Ejiofor June 2, 2026 No Comments #SEC #Capital market

The Nigerian capital market has recorded a milestone with the transition from a T+2 to a T+1 settlement cycle. At the Closing gong, the CEO of CSCS Shehu Yahaya Shantali…

Read More Security and Exchange moves from T+2 TO T+1 Settlement Cycle: Now globally aligned capital market
Business Economy headline

NNPCL recorded N481 billion profit in April – Official 

Iheanyi Ejiofor May 31, 2026 No Comments #NNPCL

The Nigerian National Petroleum Company Limited (NNPC Ltd.) says it has recorded N481 billion Profit After Tax (PAT) for April 2026. The development represents a sharp jump from the N276…

Read More NNPCL recorded N481 billion profit in April – Official 
Business Economy headline

Tinubu defends harsh economic reforms, says Nigeria passing through test, will emerge stronger

Iheanyi Ejiofor May 29, 2026 No Comments #Tinubu #economic reforms

President Bola Tinubu has said Nigeria is undergoing a difficult phase but expressed optimism that the country would emerge stronger, more united and prosperous. Tinubu stated this on Thursday in…

Read More Tinubu defends harsh economic reforms, says Nigeria passing through test, will emerge stronger

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