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
Private Sector
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
Naira Devaluation Fails to Deter Investors as NGX Billion-Dollar Club Swells to 11
Despite the naira’s devaluation, Nigeria now has 11 companies valued above $1 billion on the NGX, with more poised to join thanks to recapitalization and investor confidence.
13 May 2025
Business
Seplat Energy Records N1.23 Trillion Revenue in Q1 2025
Seplat Energy reports a massive jump in Q1 2025 revenue to N1.228 trillion, driven by production growth, Mobil acquisition, and strong financial performance.
29 April 2025
Business
Guinness Nigeria Reports N6.7 Billion Profit for Nine Months
Guinness Nigeria posts a N6.7 billion profit after tax for the nine months ending March 2025, marking a strong recovery fueled by strategic growth and robust revenue gains.
28 April 2025
Business
Nigeria Drops to 3rd in Africa’s 2025 Hotel Development Pipeline
Nigeria has fallen to third place in Africa’s 2025 hotel development pipeline, overtaken by Morocco, according to the W Hospitality Group.
12 April 2025
Business
Dangote Cement Appoints Dr. Gbenga Fapohunda as Group Financial Officer
Dangote Cement appoints Financial Expert Dr. Gbenga Fapohunda as its Group Financial Officer, highlighting his extensive financial expertise
20 March 2025
Business
Nigeria, Brazil Seal $1.1 Billion Green Imperative Project to Boost Agriculture
Nigeria and Brazil have signed the $1.1 billion Green Imperative Project (GIP) to enhance food security, boost agricultural productivity
18 March 2025
Breaking News
Dangote To Build 18m Metric Tons Capacity Cement Plant In Ogun
Aliko Dangote plans to make Ogun State Africa’s top cement producer with an 18 million metric tons annual capacity cement plant in itori
18 March 2025
Business
Renaissance Completes Deal to Acquire Shell Assets for $2.4 Billion
Renaissance completes deal to buy-off of Shell Assets in Nigeria following delayed approval from the Federal Government.
14 March 2025
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