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Finance & Markets

Audited Results: NNPC Profit Rises 33% to N7.2trn, Dividends Climb to N5.8trn

• Taxes, royalties, other remittances jump 39% to N22.3trn •Oil company reiterates $60bn investment target by 2030 •Total revenue dips to N34.5trn •Over 30 Chinese partners assess Warri, Port Harcourt

We haven't written up this one. This Day has the full story — the link below goes straight to it.

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Obinna Chima Urges Journalists to Deepen Scrutiny as Nigeria’s Financial System Undergoes Transformation

Nume Ekeghe and James Emejo in Abuja The Saturday Editor of THISDAY, Dr. Obinna Chima, has called for a shift in financial journalism from simply reporting financial figures and institutional

  • Dr. Obinna Chima calls for deeper financial journalism in Nigeria's evolving system.
  • Journalists urged to interpret forces behind financial performance, not just report figures.
  • Credible media crucial for trust, financial literacy, and accountability in Nigeria's system.

Blame AI for global bond market tremors

The global bond markets are a sensitive lot. And they’ve been having a particularly tricky time lately. Spooked by high inflation, high interest rates and high levels of government debt across the…

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