Company News
Fidelity Bank chairman, Amaka Onwughalu, named “Woman Of the Year” in Anambra
Amaka Onwughalu, a seasoned banker and Chairman of Fidelity Bank Plc will be honoured as the Woman of the Year read more Fidelity Bank chairman, Amaka Onwughalu, named “Woman Of the Year”…
Read moreNigerian shoppers embrace Facebook, AI faster than most of the world — Report
Nigeria’s online shoppers are buying through Facebook and leaning on artificial intelligence at rates that outstrip most of the 29 read more Nigerian shoppers embrace Facebook, AI faster than most of the…
Read more7 things to know about FG’s free CAC registration for 250,000 MSMEs
The Federal Government has unveiled a nationwide initiative to provide free Corporate Affairs Commission (CAC) business name registration for 250,000 read more 7 things to know about FG’s free CAC registration for…
Read moreHow Africa’s $2tn institutional capital can create investment-ready infrastructure projects
Africa’s infrastructure financing conversation has long been dominated by concerns over limited capital. Governments across the continent routinely cite funding read more How Africa’s $2tn institutional capital can create investment-ready infrastructure projects
Read moreNGX earnings season: MTN Nigeria, Zenith Bank lead H1 reporting in July
A broad sweep of Nigeria's biggest listed companies — spanning telecoms, banking, industrial goods, consumer goods, construction, insurance, and healthcare — will hold board meetings and file half-year or second-quarter unaudited results…
Read moreNIDF declares N4.40 per-unit distribution after H1 2026 profit drops 9.81%
Chapel Hill Denham Nigeria Infrastructure Debt Fund has released its unaudited half-year 2026 results, reporting a pre-tax profit of N10.63 billion, down 9.81% YoY from N11.79 billion in H1 2025. The post…
Read moreOando posts N135.76 billion FY2025 pre-tax profit amid N3.76 trillion working capital deficit
Oando Plc has reported a pre-tax profit of N135.76 billion in its audited full-year results for the period ended December 31, 2025, a sharp 64.6% decline from N383.27 billion in FY2024, amid…
Read morePZ Cussons pre-tax profit jumps 364% to N77.32 billion in 2026
PZ Cussons Nigeria Plc reported a pre-tax profit of N77.32 billion for the year-to-date period ended May 31, 2026, representing a 364.08% increase from N16.66 billion recorded in the same period of…
Read moreAirtel Africa revives $10bn mobile money IPO plans, picks London over Middle East
Airtel Africa has revived plans to spin off and publicly list its fast-growing mobile money business, choosing London over the read more Airtel Africa revives $10bn mobile money IPO plans, picks London…
Read moreAirtel Africa ramps up 1.8m share buyback as stock rallies
Airtel Africa Plc has bought back close to two million of its own shares over the course of a single read more Airtel Africa ramps up 1.8m share buyback as stock rallies
Read moreRegency Alliance signs private placement agreement to strengthen capital base
Regency Alliance Insurance Plc has said that its Board of Directors approved a multi-phased capital-raising programme comprising, among other initiatives, read more Regency Alliance signs private placement agreement to strengthen capital base
Read moreCardinal Torch taps capital market with N10bn commercial paper debut
Cardinal Torch Company, a Nigerian agro-commodity trader, has launched a N10 billion commercial paper offer, part of a N30 billion read more Cardinal Torch taps capital market with N10bn commercial paper debut
Read moreAirtel Africa becomes NGX’s most valuable company with over N21tn valuation
A re-rating of Airtel Africa Plc has lifted the market value of its 3.758 billion outstanding shares on the Nigerian read more Airtel Africa becomes NGX’s most valuable company with over N21tn…
Read moreJapaul Gold’s profit falls 11% as rising costs offset revenue growth
Japaul Gold & Ventures Plc, the Oil and Gas giant, recorded an 11 percent decline in profit for the 2025 read more Japaul Gold’s profit falls 11% as rising costs offset revenue…
Read moreManufacturing boom opens new growth frontier for Nigeria’s printing industry
Nigeria’s expanding manufacturing base is creating new growth opportunities for the country’s printing industry, with packaging, labelling and industrial printing read more Manufacturing boom opens new growth frontier for Nigeria’s printing industry
Read moreCaverton generates cash, but debt burden keeps profit in the red
Caverton Offshore Support Group has returned to positive cash generation, signalling that its core operations are stabilising. However, the offshore read more Caverton generates cash, but debt burden keeps profit in the…
Read moreNigeria’s shoppers embrace Facebook, AI faster than most of the world — Report
Nigeria’s online shoppers are buying through Facebook and leaning on artificial intelligence at rates that outstrip most of the 29 read more Nigeria’s shoppers embrace Facebook, AI faster than most of the…
Read moreMeCure Industries seeks N50bn capital raise as profit jumps 177%
MeCure Industries Plc has proposed increasing its capital raising programme to N50 billion from N30 billion as the pharmaceutical manufacturer read more MeCure Industries seeks N50bn capital raise as profit jumps 177%
Read moreChams HoldCo pays N270m dividend as Oloketuyi emerges chairman
Chams Holding Company Plc which grew its revenue by 18 percent to N17.65 billion for the financial year ended December read more Chams HoldCo pays N270m dividend as Oloketuyi emerges chairman
Read moreRadiant diGiLog new referral scheme to supercharge workforce productivity
An indigenous technology and digital transformation company, Radiant diGiLog has introduced a referral partner programme designed to help professionals, consultants read more Radiant diGiLog new referral scheme to supercharge workforce productivity
Read moreStandard Chartered empowers SMEs for export growth, global trade readiness
Standard Chartered Bank Nigeria, has convened a knowledge-sharing session to help small and medium-sized enterprises (SMEs) strengthen their export capabilities read more Standard Chartered empowers SMEs for export growth, global trade readiness
Read moreRMB leads $340m refinancing deal for Indorama fertiliser
Rand Merchant Bank (RMB), a division of the First Rand Group, recently played a central role in providing new medium-term read more RMB leads $340m refinancing deal for Indorama fertiliser
Read moreDangote Cement targets 80MTPA capacity, 20% emission cut by 2030
Dangote Cement Plc has unveiled ambitious plans to boost its production capacity to 80 million tonnes per annum (MTPA) by read more Dangote Cement targets 80MTPA capacity, 20% emission cut by 2030
Read moreOando posts N204.8bn profit on paper but auditors warn of collapse
Oando Plc closed out 2025 with a headline profit of ₦204.8 billion, but the number obscures a company that its read more Oando posts N204.8bn profit on paper but auditors warn of…
Read moreCAC gives companies August 1 deadline to comply with business letter disclosure rules
The Corporate Affairs Commission (CAC) has given companies until August 1, 2026, to comply with statutory disclosure requirements governing business read more CAC gives companies August 1 deadline to comply with business…
Read moreSenate clears Lafarge acquisition by Chinese investor, says Nigerians’ equity will remain protected
The Senate on Thursday approved the proposed acquisition of Lafarge Africa Plc by Hainan Huaxin Pan-African Investment Company Plc, assuring read more Senate clears Lafarge acquisition by Chinese investor, says Nigerians’ equity…
Read moreNHIA enrolment hits 22m as health insurance coverage expands
The National Health Insurance Authority (NHIA) has announced significant progress in Nigeria’s journey towards Universal Health Coverage (UHC), with health read more NHIA enrolment hits 22m as health insurance coverage expands
Read moreAnalysts see banks, telecoms leading H2 market gains
Zenith Bank, Guaranty Trust Holding Company (GTCO), United Bank for Africa (UBA), MTN Nigeria, and Seplat Energy are among the read more Analysts see banks, telecoms leading H2 market gains
Read moreCAC to sanction firms that fail to disclose directors’ details on business letters
The Corporate Affairs Commission (CAC) will begin sanctioning companies that fail to disclose the details of their directors on official read more CAC to sanction firms that fail to disclose directors’ details…
Read moreBoeing shifts strategy in Nigeria to support local carriers’ international push
American aerospace giant, Boeing is shifting its strategy in Nigeria from just and aircraft seller to providing technical support locally read more Boeing shifts strategy in Nigeria to support local carriers’ international…
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