News - Page 7

The naira has maintained relative stability in the foreign exchange (FX) market as the Central Bank of Nigeria (CBN) dollar inflow fluctuates in the market. Nigeria’s gross external reserves declined by eight per cent year-to-date to $37.84 billion as of April 28,

The Corporate Affairs Commission (CAC) has issued a six-week notice to unregistered businesses to register with the Commission. This was disclosed in a statement issued by the CAC on Tuesday, titled: “PUBLIC NOTICE: CARRYING ON BUSINESS IN NIGERIA UNDER AN UNREGISTERED NAME

The Rural Electrification Agency (REA) has signed grant agreements with nine renewable energy companies to provide electricity access to 17.5 million Nigerians. The initiative involves the firms Privida Power Limited, Baobab Plus, Salpha Energy, Asolar, NTA-StarTimes, A4&T Power Solutions, Sunking Greenlight Planet,

Seplat Energy Plc, on Monday, announced its audited results for the three months ended March 31, 2025, recording a revenue of N1.228 trillion for the period from N268.6 billion reported in the same quarter last year. Its gross profit soared to N535.4