Champion Breweries Swings to Half-Year Profit as Revenue Surges
Champion Breweries reported a profit after tax of N2.29 billion for the first half of 2025 compared with a loss
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Author: Markets Reporters
Flutterwave Enters Egypt to Tap $32bn Diaspora Remittance Market
Flutterwave, an African payments technology company, has announced the launch of its remittance product ‘Send App’ in Egypt to enable
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Dangote Sugar’s Half-Year Net Loss Narrows to N24bn
Dangote Sugar Refinery posted a loss after tax of N24.27 billion for the first six months of the year compared
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Guinness Nigeria Breathes Easier After Tolaram Takeover as Earnings Jump
Guinness Nigeria, a brewing company, posted a profit after tax of N16.2 billion for the year ended June 2025 compared
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Airtel Africa’s First-Quarter Profit Surges Fivefold
Airtel Africa, the second-biggest telecommunications company in Nigeria, posted a profit after tax of $153 million in the three months
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Magodo Suffers Total Blackout on Underground Cable Fault
Residents of Magodo Phase 2, a popular upscale neighborhood in Lagos, have been in total blackout since the wee hours
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Nigeria’s First E&P Set to Develop Tanzanian Gas Block With State-Owned TPDC
FIRST Exploration & Petroleum Development Company (FIRST E&P) has announced the signing of a memorandum of understanding with state-owned Tanzania
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Dangote Cement Comes Third in Valuation Ahead of BUA Foods, Closes On MTN
Dangote Cement overtook BUA Foods as the third-most valuable company on the Nigerian stock exchange on Friday as its shares
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FirstHoldCo Shares Tumble After Otudeko’s N196bn Sale
The share price of First HoldCo Plc, the parent of Nigeria’s oldest lender FirstBank, plunged by 4.1 percent on Friday
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New US Consul General in Lagos Assumes Office
The U.S. Mission has announced the arrival of its new Consul General, Rick Swart, who arrived in Lagos on Wednesday.
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