Frigoglass Hands Over Beta Glass to Helios Investment Partners After €100m Deal
Frigoglass Group has announced the successful completion of the sale of its Nigerian glass business to Helios Investment Partners (acting
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Aradel’s Asset Base Tops N10trn on Shell and ND Western Deals
Aradel Holdings, a major Nigerian oil and gas independent, saw its total assets grow almost sixfold last year to N10.4
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Wema Bank Hits N1trn Valuation for First Time as Shares Rise
Midsize lender Wema Bank is the latest to join the exclusive club of listed companies with at least N1 trillion
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UAC Profit Hits Three-Year Low on N21bn Chivita, Hollandia Acquisition
UAC of Nigeria Plc saw its profit fall to the lowest level since 2022 last year, weighed down by hefty
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Shell Nigeria Begins Turnaround Maintenance at Bonga FPSO Amid Expansion Project
Shell Nigeria Exploration and Production Company Limited (SNEPCo) has commenced a turnaround maintenance activity at the Bonga Floating Production Storage
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Why Nigeria’s Oldest Bank’s Profit Fell to Eight-Year Low
FirstHoldCo Plc, Nigeria’s oldest banking group, posted its lowest profit in eight years in 2025 after taking a massive one-off
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Nigeria’s Forex Market Liquidity Surges 355% in One Week
The Nigerian official foreign exchange market saw its turnover jump more than fourfold this week, according to data on trades
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BUA Foods’ Profit Soars as Flour Business Delivers Most Revenue Growth
Nigeria’s biggest listed company by market capitalisation, BUA Foods, saw its profit after tax soared to N507.73 billion in 2025
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TotalEnergies’ Nigerian Retail Unit Suffers N17bn Annual Loss Post-Deregulation
TotalEnergies Marketing Nigeria, a fuel marketing company, reported a loss of N17.18 billion in 2025 compared with a profit of
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EBRD Supports Access Bank With $100m Facility in First Sub-Saharan Africa Investment
The European Bank for Reconstruction and Development (EBRD) has launched its first investment in Nigeria’s and the first in the
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