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Published on 10:45 GMT

MTN Nigeria’s revenue hits N1 trillion, bounces back to profitability in Q1 2025

MTN Nigeria recorded a N1 trillion revenue in the first quarter of this year, buoyed by the recent tariff increment implemented in the middle of February 2025. Compared with Q1 2024, this represents a 40.5% increase in revenue, even as the impact of the …

Source: Nairametrics - Neutral
Published on 07:53 GMT

Naira Firms Against US Dollar Amid Rising External Reserves And CBN FX Interventions

The Nigerian naira posted marginal gains against the US dollar in the official foreign exchange window, buoyed by improved external reserve levels and sustained intervention by the Central Bank of Nigeria (CBN). On the Nigerian Foreign Exchange Market ( …

Source: Biz Watch Nigeria - Indeterminate
Published on 10:45 GMT

At IMF Nigeria is winning praise, but the money isn’t flowing—this is why

In a chartered room on the 14th floor of the NASDAQ Building in Times Square, New York, sat a high-powered mix of global finance heavyweights, investors from JP Morgan, Standard Chartered, and other top institutions. Beside them were influential members of …

Source: Nairametrics - Neutral
Published on 07:53 GMT

MTN Nigeria Returns To Profitability, Declares N133.7bn Q1 Profit

MTN Nigeria Communications Plc has posted a profit after tax of N133.7 billion for the first quarter of 2025, marking its first return to profitability since 2023. The development signals a turnaround for Nigeria’s largest telecommunications operator, …

Source: Biz Watch Nigeria - Indeterminate
Published on 08:32 GMT

Early Detection of Unregistered Financial Institutions in Nigeria: Mechanisms, Gaps, and Global Lessons

Unregistered and unlicensed financial institutions – often including fraudulent investment schemes, illegal deposit-takers (so-called “wonder banks”), or other unauthorized financial operators – pose a serious threat to investors and the stability of …

Source: Daily Trust - Pending
Published on 06:15 GMT

Naira Weakens to N1,601/$1 at Official Market, N1,610/$1 at Black Market

By Adedapo Adesanya The Naira witnessed a 0.12 per cent or N1.96 depreciation against the US Dollar at the Nigerian Autonomous Foreign Exchange Market (NAFEX) on Monday, April 28, trading at N1,601.38/$1 compared with the N1,599.42/$1 it was …

Source: BusinessPost Nigeria - Indeterminate
Published on 05:55 GMT

From cocoa to currency: Unlocking Nigeria’s economic stability through Agribusiness

Nigeria stands at a critical crossroads. With inflation surging, foreign exchange markets under pressure, and the economy grappling with the aftershocks of subsidy removals and policy instability, the question on every business leader’s mind is: Where do …

Source: Business Day - Neutral
Published on 06:13 GMT

Why Ponzi scheme thrives in Nigeria

The emergence of “Ponzi Scheme” in the annals of investment’s Lexicon albeit a globally notorious phenomenon, was not a recent development. Its historical antecedent was set in motion with the celebrated Charles Ponzi scheme which came to the fore in the …

Source: The Guardian (Nigeria) - Indeterminate
Published on 00:01 GMT

Deficit, Borrowing Biggest Threat to Nigeria’s $1trn Economy Goal, NACCIMA, OPS Warn

Eromosele Abiodun The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA) and the Organised Private Sector of Nigeria(OPSN) have said Nigeria’s massive public sector deficit is the biggest threat to the federal …

Source: This Day - Pro-Government
Published on 01:13 GMT

EFCC arrests Nigerian socialite E-money over alleged naira abuse

The Economic and Financial Crimes Commission (EFCC) has arrested socialite E-Money over alleged money laundering. Channels Television learned that E-Money, whose real name is Emeka Okonkwo, was arrested by the anti-graft agency in the Omole area of Lagos …

Source: The Chronicle News Online - Pending
Published on 01:05 GMT

Cement titans record N1.53trn revenue boost amid FX stability, surging demand

By Chinwendu Obienyi Nigeria’s cement industry has kicked off 2025 on a high note, recording a combined revenue surge of N1.53 trillion in the first quarter (Q1) of the year. This was fueled by strengthening naira, strong local demand and effective cost- …

Source: The Sun Nigeria - Indeterminate
Published on 16:09 GMT

2025 Hajj: NAHCON schedules inaugural flight May 9

Prof. Abdullahi Saleh, Chairman, National Hajj Commission of Nigeria (NAHCON), on Wednesday expressed the commission’s readiness to provide seamless 2025 Hajj operations By Deji Abdulwahab Prof. Abdullahi Saleh, Chairman, National Hajj Commission of …

Source: News Diary Online - Indeterminate
Published on 19:42 GMT

2025 Hajj: At Stakeholders Summit, NAHCON Chair speaks on readiness

Again, the Chairman and Chief Executive Officer of the National Hajj Commission, Prof. Abdullahi Saleh Usman, has thanked President Bola Tinubu and Vice President Kashim Shettima for their continuous support and timely interventions in resolving the …

Source: Eagle Online - Neutral
Published on 21:12 GMT

Akume inaugurates procurement certification portal, calls for professionalism

Sen.George Akume, Secretary of the Government of the Federation(SGF), has inaugurated the Nigeria Procurement Certification Portal to standardise and professionalise procurement certification in Nigeria. Okeoghene Akubuike Sen.George Akume, Secretary of …

Source: News Diary Online - Indeterminate
Published on 19:53 GMT

E-Money Thanks Supporters After EFCC Arrest Over Dollar Spraying

Nigerian businessman and socialite, Emeka Okonkwo, popularly known as E-Money, has broken his silence following his arrest by the Economic and Financial Crimes Commission (EFCC) for allegedly spraying U.S. dollars at a public event. The arrest took place …

Source: Business Hallmark - Neutral
Published on 13:45 GMT

E-Money released on bail following alleged naira abuse

The Economic and Financial Crimes Commission (EFCC) has granted bail to Nigerian businessman and socialite Emeka Okonkwo, popularly known as E-Money, after his arrest over allegations of currency abuse. E-Money was apprehended late Monday night, April 28, …

Source: Prompt News Online - Neutral
Published on 13:01 GMT

EFCC Grants Bail to E-Money; Seyi Tinubu Denies Allegations of Disrupting NANS Inauguration

Hello and welcome! In today’s trending news stories; 1. The EFCC has granted bail to socialite Emeka Okonkwo, aka E-Money, who was arrested for allegedly spraying naira and US dollar bills at a public event, violating Nigeria’s Foreign Exchange Act. He was …

Source: The News Chronicle - Neutral
Published on Apr 29, 2025

Naira Weakens to ₦1,596/$1 at Official Market as FX Pressures Persist

The Nigerian naira continued to decline against the US dollar on Monday, April 28, 2025, closing at ₦ 1,596 to $1 in the official foreign exchange market. This marks a ₦7 decline from the previous rate of ₦ 1,596/$1 on Friday, April 25, 2025, …

Source: The News Chronicle - Neutral
Published on Apr 29, 2025

PwC: Uncertain U.S. Policies Could Disrupt Capital inflow to Nigeria

The U.S. has recently introduced several policies spearheaded by the Trump administration, ranging from reciprocal tariffs and the re-evaluation of foreign aid to stricter visa vetting. The U.S.’s recent Liberation Day Tariffs, designed to reshape trade …

Source: TechEconomy - Neutral

05 days 04:30:04

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Published on April 30, 2025 - 15:09 GMT

FX Design Group Discusses 'How Strategic Exhibit Design Increases Engagement and Leads'

ORLANDO, FL, UNITED STATES, April 30, 2025 /⁨EINPresswire.com⁩/ -- FX Design Group, a leader in custom trade show exhibits and trade show booth fabrication, broadcast set design and fabrication services including set design for TV, and branded …

Distribution channels: Building & Construction Industry, Conferences & Trade Fairs ...
Published on April 30, 2025 - 18:00 GMT

From Sydney to the World - Valueex (VUEE) Exchange Announces Entry into the U.S. Market

Fresno, CA, April 30, 2025 (GLOBE NEWSWIRE) -- Recently, the renowned exchange Valueex (VUEE) announced its official entry into the U.S. market, garnering significant attention. Amid the accelerating transformation of global financial markets, technology …

Distribution channels: Banking, Finance & Investment Industry, Environment ...

Published on April 30, 2025 - 13:13 GMT

Euro money market study 2024

The 2024 Euro money market study provides a comprehensive analysis of euro money markets using trade data from the 45 largest euro area banks. It examines five key segments of the euro money markets: (i) secured transactions – repurchase agreements (repos) …

Distribution channels: Banking, Finance & Investment Industry
Published on April 30, 2025 - 10:46 GMT

ECB study shows money market turnover rose from 2022 to 2024

30 April 2025 Money market rates efficiently reflected changes in the ECB’s deposit facility rate, used by Governing Council to steer monetary policy stance Increased daily money market activity, dominated by secured and foreign exchange swap segments High …

Distribution channels: Banking, Finance & Investment Industry

Published on April 30, 2025 - 20:05 GMT

Pulmonx Reports First Quarter 2025 Financial Results

REDWOOD CITY, Calif., April 30, 2025 (GLOBE NEWSWIRE) -- Pulmonx Corporation (Nasdaq: LUNG) (“Pulmonx” or the "Company"), a global leader in minimally invasive treatments for lung disease, today reported financial results for the first quarter of …

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Published on April 30, 2025 - 20:30 GMT

Ansys Announces Q1 Financial Results

/ Q1 2025 Results Revenue of $504.9 million GAAP diluted earnings per share of $0.59 and non-GAAP diluted earnings per share of $1.64 GAAP operating profit margin of 11.7% and non-GAAP operating profit margin of 33.5% Operating cash flows of $398.9 …

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Published on April 30, 2025 - 22:04 GMT

Volatus Releases Fourth Quarter and Fiscal Year 2024 Financial Results

FY 2024 total revenue of $27,147,414, with 16% year over year growth in services and technology revenue Achieved record blended gross margin of 38% in Q4 2024 Achieved cost synergies from merger of approximately $3,770,000 in 4 months The active Sales …

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Published on April 30, 2025 - 21:01 GMT

Exco Results for Second Quarter Ended March 31, 2025

Record Consolidated Sales of $166.1 million; Net Income of $6.4 million and EBITDA of $19.7 million; Earnings per Share of $0.17 inclusive of $0.05 in restructuring charges; F2026 Financial Targets withdrawn due to tariff uncertainty Quarterly dividend of …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...

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Published on April 30, 2025 - 23:15 GMT

Nexys Unveils Intelligent Loan Origination Software Built for Modern Lending

Nexys introduces smart, efficient loan origination software designed to streamline workflows and modernize the lending experience. ALBUQUERQUE, NM, UNITED STATES, April 30, 2025 /⁨EINPresswire.com⁩/ -- Nexys, a rising force in fintech innovation, …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on April 30, 2025 - 22:56 GMT

Empowering Change: Lata Gullapalli Discusses Strategy, Mentorship, and Social Impact in Exclusive Interview with Xraised

LONDON, ENGLAND, UNITED KINGDOM, April 30, 2025 /⁨EINPresswire.com⁩/ -- Lata Gullapalli, renowned Chair and Non-Executive Director, finance consultant, and advocate for mentorship and social change, shared her valuable insights on business strategy …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on April 30, 2025 - 22:43 GMT

Xraised Interviews Nemika Menevse: Driving Innovation in BNPL and Championing Gender Equality in Business

LONDON, ENGLAND, UNITED KINGDOM, April 30, 2025 /⁨EINPresswire.com⁩/ -- In a powerful and thought-provoking episode, Xraised welcomes back Nemika Menevse, the dynamic CEO of Twisto, a leading Buy Now, Pay Later (BNPL) service, to discuss her …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on April 30, 2025 - 21:20 GMT

Liminatus Pharma and Iris Acquisition Corp Announce Completion of Business Combination

Liminatus (NASDAQ:LIMN) LA PALMA, CA, UNITED STATES, April 30, 2025 /⁨EINPresswire.com⁩/ -- Liminatus Pharma, LLC (“Liminatus” or the “Company”), a pre-clinical stage biopharmaceutical company developing novel, immune-modulating cancer therapies, …

Distribution channels: Banking, Finance & Investment Industry ...
Published on April 30, 2025 - 21:05 GMT

Revolutionizing Business Funding 911 Money Now Offers Swift Financial Solutions

911 Money Now Announces Alternative Funding Solution for Businesses When Traditional Banks Decline NEW YORK, NY, UNITED STATES, April 30, 2025 /⁨EINPresswire.com⁩/ -- 911 Money Now offers business funding with same-day approval for qualified …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on April 30, 2025 - 20:23 GMT

Partner Real Estate Announces Stunning New Listing in West Covina by Todd Troendle and Rudy Lira Kusuma

WEST COVINA, CA, UNITED STATES, April 30, 2025 /⁨EINPresswire.com⁩/ -- Partner Real Estate is proud to present a beautifully updated, move-in-ready townhome now available at 3658 Ivory Lane, West Covina, CA 91792. Listed by Todd Troendle (DRE # …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on April 30, 2025 - 20:04 GMT

ApsTron Science Announces Launch of MindOra™, a Comprehensive Mind-Body Wellness App

ApsTron Science, developer of Next Gen Personalized Apps & Sensors has launched MindOra™, a new app that integrates Mind & Body, Health and Wellness WOBURN, MA, UNITED STATES, April 30, 2025 /⁨EINPresswire.com⁩/ -- ApsTron Science, a …

Distribution channels: Banking, Finance & Investment Industry, Culture, Society & Lifestyle ...
Published on April 30, 2025 - 18:00 GMT

Payroll Provider to Small Businesses IBN Technologies Powers Delaware Businesses with Secure and Effective Solutions

IBN Technologies supports small businesses in Delaware with secure, scalable, and cost-effective payroll management solutions. MIAMI, FL, UNITED STATES, April 30, 2025 /⁨EINPresswire.com⁩/ -- Payroll processing in Delaware is often riddled with …

Distribution channels: Banking, Finance & Investment Industry ...
Published on April 30, 2025 - 17:57 GMT

JA Mining Introduces Cloud-Based Passive Income Solutions for Cryptocurrency Investors

WARWICK, UNITED KINGDOM, April 30, 2025 /⁨EINPresswire.com⁩/ -- JA Mining is pleased to announce the expansion of its cloud mining platform, offering cryptocurrency investors—particularly XRP holders—new strategic opportunities to generate passive …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on April 30, 2025 - 17:50 GMT

Evfarmer announces expansion of business into Sierra Leone market

Innovative agricultural finance company Evfarmer announces entry into Sierra Leone and expansion of online business SIERRA LEONE, April 30, 2025 /⁨EINPresswire.com⁩/ -- Evfarmer, a global leader in innovative agricultural finance, today announced …

Distribution channels: Agriculture, Farming & Forestry Industry, Banking, Finance & Investment Industry ...
Published on April 30, 2025 - 17:30 GMT

bitMachina Launches VIP Service for High-Volume Cryptocurrency Traders in Ottawa and Montreal

bitMachina launches VIP service for crypto trades in Ottawa and Montreal, offering personalized assistance, lower fees, and larger transaction limits. OTTAWA, ONTARIO, CANADA, April 30, 2025 /⁨EINPresswire.com⁩/ -- bitMachina, a leading Canadian …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on April 30, 2025 - 16:26 GMT

OpenAna launches First Agentic Autonomous Engineer Transforming DevOps, SRE, and Cloud Operations

OpenAna introduces the first Autonomous Engineer for end-to-end DevOps, SRE, and cloud reliability beyond AI assistants and manual toil. NEW YORK, NY, UNITED STATES, April 30, 2025 /⁨EINPresswire.com⁩/ -- As enterprises demand greater reliability, …

Distribution channels: Automotive Industry, Banking, Finance & Investment Industry ...
Published on April 30, 2025 - 16:12 GMT

Quiet Light Takes the Lead at Sellers Summit with Mastermind Sponsorship, M&A Expertise, and Exclusive Networking

Industry leader offers premium Mastermind access and exclusive networking opportunities at premier ecommerce event MOORESVILLE, NC, UNITED STATES, April 30, 2025 /⁨EINPresswire.com⁩/ -- Quiet Light, a leading advisory firm helping entrepreneurs …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on April 30, 2025 - 16:00 GMT

Affordable Bookkeeping Services Help Kentucky Small Businesses Thrive

Simplify your finances with cost-effective and Affordable bookkeeping services tailored for Kentucky businesses . MIAMI, FL, UNITED STATES, April 30, 2025 /⁨EINPresswire.com⁩/ -- Kentucky small businesses face increasing operational costs while …

Distribution channels: Banking, Finance & Investment Industry ...
Published on April 30, 2025 - 16:00 GMT

Affordable Bookkeeping Services Revolutionize Financial Management for Connecticut Small Businesses

Streamline finances with affordable, secure virtual bookkeeping services from IBN Technologies. MIAMI, FL, UNITED STATES, April 30, 2025 /⁨EINPresswire.com⁩/ -- Connecticut small businesses need financial solutions that are dependable and …

Distribution channels: Banking, Finance & Investment Industry ...
Published on April 30, 2025 - 16:00 GMT

Aveta Biomics Announces Abstract Acceptance for Presentation at the 2025 ASCO Annual Meeting

Aveta Biomics to present the results from Phase 2A trial of APG-157 as neoadjuvant monotherapy for head and neck cancer at ASCO 2025. BEDFORD, MA, UNITED STATES, April 30, 2025 /⁨EINPresswire.com⁩/ -- Aveta Biomics, a clinical-stage biotechnology …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on April 30, 2025 - 15:54 GMT

Indxx Licenses Bitcoin Adopters Index to Grayscale Investments for an ETF

MIAMI, FL, UNITED STATES, April 30, 2025 /⁨EINPresswire.com⁩/ -- Indxx, a provider of indexing solutions for exchange traded funds (ETFs), is pleased to announce the licensing of the Indxx Bitcoin Adopters Index to Grayscale Investments. The Index …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on April 30, 2025 - 15:49 GMT

100 Days to Build: Inside Europe’s Unconventional Startup Experience

As Europe seeks fresh innovation, Bright Labs 2025 emerges with a bold mission: to reignite the optimism, ambition, and ingenuity of a new founders' generation. ORADEA, ROMANIA, April 30, 2025 /⁨EINPresswire.com⁩/ -- At a time when …

Distribution channels: Automotive Industry, Banking, Finance & Investment Industry ...
Published on April 30, 2025 - 15:28 GMT

Last Few Hours Left to File Form 941 for Q1 of 2025 – TaxZerone Urges Businesses to File Now

With the April 30 Deadline Hours Away, TaxZerone Offers a Simple and Reliable Solution to Help Businesses Ensure Compliance Before Time Runs Out SAN JOSE, CA, UNITED STATES, April 30, 2025 /⁨EINPresswire.com⁩/ -- The deadline to file IRS Form 941 …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on April 30, 2025 - 15:19 GMT

Entrex Licenses North Carolina Marketplace

New Platform Aims to Expand Capital Access for Private Companies Across North Carolina Entrex (OTCBB:NTRX) BOCA RATON, FL, UNITED STATES, April 30, 2025 /⁨EINPresswire.com⁩/ -- Entrex (OTC: NTRX) is pleased to announce the execution of a long- …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...