
NASD Plc Swings to N129.3 Million Profit in Q2 2025
NASD Plc reports a N129.3 million profit for Q2 2025, reversing last year’s loss. Strong growth in fees, interest income, and increased OTC

NASD Plc reports a N129.3 million profit for Q2 2025, reversing last year’s loss. Strong growth in fees, interest income, and increased OTC

UAC of Nigeria Plc posted a pre-tax profit of N6.05 billion in Q2 2025, driven by a 27.42% revenue growth to N54.4 billion.

AfDB has committed $1.2 million to fund Nigeria’s Battery Energy Storage System feasibility study, boosting national grid stability

Nigerian Breweries Plc posted a N43.87 billion pre-tax profit in Q2 2025, reversing a N33 billion loss last year.

Federal Government launches the Tertiary Institution Staff Support Fund (TISSF), offering up to N10 million in loans to academic and non-academic staff of Nigeria’s tertiary institutions.

BUA Cement’s revenue surged to N876.5 billion in 2024 as it ramps up capacity and expansion, declaring a 94% profit payout to shareholders at its AGM.

Nigeria’s GDP grew by 3.13% in Q1 2025 after rebasing. Services sector drives growth as real estate overtakes oil.

FCMB and TotalEnergies Cooperative are partnering to deliver Louisville Phase 1, a $150m sustainable mixed-use residential tower in Eko Atlantic City, Lagos.

Stanbic IBTC shares jump 17% in July, crossing 71% year-to-date return. Strong Q1 results and a new China Development Bank deal boost investor confidence.

Nigeria’s inflation drops to 22.22% in June 2025, but food prices continue to climb month-on-month, says NBS.
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