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
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
Business
Inflation Rate Drops to 22.22% in June 2025, Despite Rise In Food Cost
Nigeria’s inflation drops to 22.22% in June 2025, but food prices continue to climb month-on-month, says NBS.
17 July 2025
Business
Sterling Bank to Raise $400 Million to Boost Growth and Market Competitiveness
Sterling Bank Plc to raise $400 million through debt and equity instruments to expand its balance sheet, boost growth, and strengthen market competitiveness.
16 July 2025
Business
MultiChoice, FCCPC Head to Appeal Court Over DStv and GOtv Price Hikes
MultiChoice Nigeria and FCCPC take their legal battle over DStv and GOtv price hikes to the Appeal Court, with key implications for pay-TV pricing
15 July 2025
Business
Geregu Power Plc Surpasses Q2 Forecasts with N13.3 Billion Profit
Geregu Power Plc posts N13.3bn pre-tax profit for Q2 2025, exceeding forecasts with 61% YoY growth. Half-year profit hits N26.3bn despite Q1 revenue dip.
14 July 2025
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