VFD Group Posts N5.19 Billion PBT in Q1 2026
VFD Group Plc reports N5.19 billion PBT in Q1 2026, a 26% increase year-on-year, driven by disciplined capital deployment and strong investment income growth.
VFD Group Plc reports N5.19 billion PBT in Q1 2026, a 26% increase year-on-year, driven by disciplined capital deployment and strong investment income growth.
Bi-Courtney Aviation clarifies that MMA2 car park is for short stays, not long-term parking, after tariff review to discourage misuse.
Meta shares fell nearly 10% after earnings, while Google soared over 6%. Investors distinguish between Big Tech AI spending strategies.
Nigeria allocates ₦15.81 trillion for debt servicing in 2026, a major portion of the ₦68.32 trillion budget, raising concerns over fiscal sustainability.
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RecommendedLearn how traders can navigate volatile markets by understanding cross-asset relationships between oil, gold, FX, and equities in 2026.
University administrative and non-teaching staff in Nigeria will begin an indefinite strike on Friday after failed negotiations with the federal government over unpaid salaries and welfare issues.
President Bola Ahmed Tinubu nominates fiscal expert Joseph Tegbe as Minister of Power, pending Senate confirmation, to drive reforms and grid stability.
Governor Bassey Otu of Cross River State has launched a 1,000-unit 'People-First' housing scheme for civil servants in Akpabuyo, aiming to improve welfare and provide affordable homeownership.
Ecuador has initiated hydraulic fracturing in the Amazon rainforest for the first time, aiming to boost oil production amid energy shortages and declining output.
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RecommendedBrent crude briefly reached $125.60, the highest since 2022, driven by US-Iran tensions and UAE's OPEC exit, before easing to $116.50.
Researchers develop gene-pyramided cowpea lines with strong resistance to Striga gesnerioides without compromising yield, offering hope for smallholder farmers in sub-Saharan Africa.
NNPC raises petrol prices to N1,320 per litre in Lagos and N1,364 in Abuja, citing rising supply costs. Other marketers follow suit.
Bayelsa Commissioner for Agriculture expresses satisfaction with IFAD/LIFE-ND partnership, urging beneficiaries to use resources wisely to boost food security.
Dangote Refinery fixes aviation fuel gantry price at N1,820 per litre, but airlines still buy at N2,230. Calls for transparency grow as operational costs soar.
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RecommendedNASENI boss warns that firewood cooking exposes millions, especially women and children, to health risks. Agency launches clean energy programme for 2000 Kano households.
The Nigerian Railway Corporation introduces a new Standard Operating Procedure for train cleaning to enhance passenger safety, hygiene, and travel experience.
Governor Dapo Abiodun of Ogun State launches a circular economy strategy to convert e-waste into economic value, aiming to create jobs and protect the environment.
A Nigerian businesswoman installed a 2kVA solar inverter with 4 panels costing 1.4 million naira, powers two freezers, and advises others to invest amid blackouts.
Nigerian telecom operators explain they are not liable for N6.98 charges on failed USSD banking transactions, as regulators review the issue amid public outcry.
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RecommendedA Nigerian man showcased a 20kVA inverter and 64kWh battery solar system costing N27.6 million, sparking mixed reactions online over its cost and performance.
NUATE accuses AMCON of mismanaging Aero Contractors, citing lack of funding and expertise, and calls for government intervention to save the airline.
Lagos and Ogun recorded the lowest petrol prices in Nigeria in March 2026, with the national average rising to N1,288.54 per litre amid global supply disruptions.
Bodex Media honors billionaire Mike Adenuga on his 73rd birthday, praising his visionary impact on business, telecoms, culture, and philanthropy in Nigeria.
Farmers in Niger State, under AFAN, have purchased APC nomination forms for Governor Umar Bago and Rep Sa'idu Musa Abdullahi for the 2027 elections, citing agricultural achievements.
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RecommendedA Nigerian solar expert reveals six common mistakes users make with solar generators and inverters, including weak batteries and poor ventilation, sparking online reactions.
Flinx Realty has handed over its Bristol Apartment in Surulere, its 18th residential project since 2020, adding over 400 housing units to its portfolio amid Nigeria's housing deficit.
Zedcrest Securities helps Nigerian investors act fast with same-day margin lending, share recovery, and expert research to maximize portfolio value.
France's economy stalled in Q1 2026 with zero growth due to weak domestic demand and declining exports, surprising analysts who expected modest expansion.
A Nigerian man explains how he runs an air conditioner, refrigerator, and three TVs using a 2kVA solar inverter with a lithium battery, costing ₦1.6 million.
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RecommendedThe Sir Ahmadu Bello Memorial Foundation calls for urgent action to rebuild Northern Nigeria's economy, focusing on education, youth, women, and governance through an 8-point agenda.