Business

Business

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

4 August 2025

Business

UAC of Nigeria Reports N6.05 Billion Q2 Profit

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.

1 August 2025

Business

AfDB Commits $1.2 Million for Nigeria’s Battery Energy Storage Feasibility Study

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

31 July 2025

Business

Nigerian Breweries Reports N43.87 Billion Pre-Tax Profit in Q2 2025

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

30 July 2025

Business

Federal Government Launches N10 Million Loan Scheme for Tertiary Institution Staffs

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.

28 July 2025

Business

BUA Cement Revenue Hits N876.5 Billion in 2024, Declares 94% Payout to Shareholders

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.

24 July 2025

Business

Nigeria’s GDP Grows by 3.13% in Q1 2025 After New Rebase – NBS

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

22 July 2025

Business

FCMB Backs $150m Louisville Tower In Eko Atlantic City

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

21 July 2025

Business

Stanbic IBTC Shares Jump 17% in July

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.

18 July 2025