IronHeadMiner

NEM Insurance Plc has reported a profit before tax of N27.98 billion for the 2025 financial year, representing a 17% decline from N33.70 billion recorded in 2024.
This is according to the company’s audited financial statement for the period ended December 31, 2025.
Despite the profit decline, the

The Central Bank of Nigeria (CBN) sterilised N4.11 trillion from the financial system within one week through dual Open Market Operations (OMO) sales conducted on March 23 and 27, 2026.
Financial data released by the apex bank at the close of business on Friday, March 27, confirmed the scale of

The World Bank has approved a $500 million International Development Association (IDA) credit for Nigeria to boost agricultural productivity, strengthen value chains, and improve food security under a new programme tagged the Nigeria Sustainable Agricultural Value-Chains for Growth (AGROW)

Exchange Traded Funds (ETFs) listed on the Nigerian Exchange (NGX) recorded strong gains in March 2026, with SIAML Pension ETF gaining by 185% MtD.
Most funds posted significant month-to-date (MtD) increases, reflecting renewed investor interest across the market.
Data compiled

The Central Bank of Nigeria has issued a landmark framework for automated financial crime detection that puts this country ahead of Europe and America in one crucial respect.
Every Bank, Fintech & Payment Company in Nigeria has 18 months to prove it can meet the standard.
There is a particular

When the Iran war sent oil prices soaring past $100 per barrel, many nations rushed to harvest the windfall.
But Nigeria, the giant of Africa, found itself like the proverbial goat standing in front of palm leaves yet chewing stones.
The paradox is painful: oil is expensive, but our pockets

Sequel to the contagion effects the current Middle East crisis is having on Nigeria, economists are urging the government to develop local capacity to add value to raw materials for the production of manufactured goods.
The economists are in agreement that Nigeria actually has many raw materials,

Ellah Lakes Plc reported a net loss of N3.86 billion for the financial year ended December 31, 2025, deepening its losses compared to N729.34 million recorded in 2024, as rising operating costs outweighed gains from new revenue streams.
This is according to the company’s financial results for the p

Oil marketers have revealed that most filling stations that used to sell 10,000 litres of petrol daily are now selling about 1,000 litres, sometimes even as low as 300 litres, per day.
This is according to industry operators who say the sharp rise in pump prices has significantly altered consumer b

Total borrowings for eight FMCG companies quoted on the Nigerian Exchange (NGX) in 2025 declined by 28% to N1.20 trillion, from the N1.66 trillion recorded in 2024, suggesting a deliberate effort by the firms to reduce their debt exposure.
This is according to Nairametrics analysis of the 2025

_Founded three years before independence, Nigeria’s oldest heritage pageant is pivoting from just pageantry to a leadership incubator for the modern African woman._
Women’s progress is not a monolith. For one woman, opportunity is a classroom; for another, it is a boardroom or the diplomatic

FTN Cocoa Processors Plc has released its audited 2025 financial results for the year ended December 31, 2025, reporting pre-tax loss of N252.65 million.
This marks the 10th straight year loss, although it is an improvement compared to the N9.5 billion loss in 2024
Also, the report reveals a

There is rarely a dull moment at Eko Electricity Distribution Company.
Just when it seemed the dust had settled following a high-profile acquisition, the regulator stepped in unannounced and upended everything.
On Monday, March 23, 2026, the Nigerian Electricity Regulatory Commission (NERC)

I remember when I first left banking and started spending more time around early-stage founders like me who were “solving financial inclusion.”
You could almost predict how the conversation would go before it even started.
Someone would lean forward, confident, and say they were building a

Wema Bank Plc has reported a profit before tax of N221.8 billion in its audited 2025 financial statements, compared to the unaudited figure of N222 billion.
This audited profit represents an 116.44% increase from N102.5 billion in 2024, mainly driven by growth in interest income, which forms the

At the dawn of a century increasingly defined by Africa’s demographic dividend and its historically underutilized industrial potential, a singular institutional force is systematically recalibrating the continent’s economic trajectory.
The Tony Elumelu Foundation( TEF, stands at the vanguard of a s

Lagos houses a good number of the most expensive schools in Nigeria including primary schools.
Within these institutions, tuition is not just a fee but access to global curricula, premium facilities, and carefully curated learning environments.
For many families, this is no longer just about schoo

Economic experts are forecasting a significant rise in the prices of consumer goods throughout 2026, as the ongoing conflict between the United States, Israel, and Iran continues to escalate.
The conflict has already pushed global oil prices above $100 per barrel, with the resulting increase in

Nigeria’s economic expansion gained further momentum in March 2026, with the composite Purchasing Managers’ Index (PMI) recorded at 53.2 points.
This is according to the Central Bank of Nigeria (CBN).
The latest figure signals continued growth in aggregate economic activity for the sixteenth

Nigeria’s health sector faces acute challenges even as innovators redefine its future.
Public financing remains well below global benchmarks: the 2024 federal budget allocated about N1.34 trillion to health