Profit at Access Bank’s Parent Rises 15% to N743 Billion
Access Holdings, the parent company of Access Bank, reported a 15.7 percent increase in earnings for the 2025 financial year.
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Geregu Power’s Q1 Profit Plunges 80% After Otedola’s Exit
Geregu Power, one of only two power generation companies listed on the Nigerian Exchange, reported a 79.87 percent decline in
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Tinubu Splits Energy Advisory Role, Hires Ex-Power Minister Babalola, Moves Verheijen to Oil and Gas
President Bola Tinubu has split the energy advisory portfolio in the presidency, appointing former power minister Rilwan Lanre Babalola as
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PROFILE: Joseph Tegbe, Ex-KPMG Chief Who Lost Governorship and Senate Bids, Tapped as Power Minister
President Bola Tinubu has nominated Joseph Tegbe as minister of power, pending Senate confirmation. Tegbe’s selection follows the resignation of
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Seplat Spends $83m to Revive 58 Idle Wells from Former ExxonMobil Assets
Seplat Energy, the Nigerian independent listed in Lagos and London, says $83 million was spent to revive 58 idle wells
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Dangote Cement Slashes Net Debt by 83% as Cash Pile Grows
Dangote Cement Plc cut its net debt by 83% in the first quarter of 2026, driven by strong operating cash
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Seplat Declares Special Q1 Dividend, Begins Five-Year $1bn Payout Plan
Seplat Energy has approved a dividend of 9.0 US cents per share for the first quarter of 2026, made up
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TotalEnergies Marketing Nigeria Swings to Net Profit in First Quarter
TotalEnergies Marketing Nigeria, a Lagos-listed fuel retailer, posted a profit after tax of N1.17 billion for the first quarter of
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Dangote Cement Posts 53% Profit Rise in Three Months
Dangote Cement reported a profit after tax of N321.09 billion for the first three months of this year, up from
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MTN Nigeria’s Q1 Profit Jumps 166% as 2.3 Million Subscribers Join Network
MTN Nigeria Communications Plc has reported a surge in profitability for the first quarter ended March 31, 2026, driven by
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