Sterling Holdings posts 74% jump in annual profit
By Mary Adenike Sterling Financial Holdings Company Plc, the parent company of Sterling Bank, posted an after-tax profit of N37.5
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Stanbic IBTC’s earnings hit N202bn as interest income doubles
By Mary Adenike Stanbic IBTC Holdings, the parent company of Stanbic IBTC Bank, saw its after-tax profit rise by 43.7
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Meet Ainojie ‘Alex’ Irune, MD of Oando’s new subsidiary bought for $783m
In August last year, Oando Plc, a Nigerian energy company listed on both the Nigerian Exchange Limited and Johannesburg Stock
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Oando’s pretax profit falls 54% despite revenue rise
Oando Plc, an indigenous energy company, reported a profit before tax of N47.78 billion last year, down from N102.98 billion
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[REVEALED] FBN Holdings sells merchant bank for N35.6bn
FBN Holdings, the parent company of First Bank of Nigeria, sold its 100% equity stake in FBNQuest Merchant Bank for
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FBNH’s customer deposits surge by N6.62trn in one year under Otedola
FBN Holdings Plc, the parent company of First Bank of Nigeria, grew its customer deposits by 62 percent in 2024
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Nigeria shifts focus to domestic LNG supply as five mini plants launched
The Nigerian National Petroleum Company Ltd and its partners launched five mini liquefied natural gas (LNG) plants in Ajaokuta, Kogi
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Fuel marketing firm Eterna swings to record profit from N9bn loss
Eterna, a fuel marketing company, has swung from a N9.33bn loss in 2023 to its biggest-ever profit last year. The
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BUA Foods’ profit more than doubles as revenue hits N1.5trn
By Mary Adenike BUA Foods Plc, a major food manufacturer in Nigeria, saw its profit surge by 145.2 percent in
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Stanbic IBTC fintech unit Zest to get N4bn in fresh capital as losses widen
By Joseph Olaoluwa Stanbic IBTC Holdings Plc, a midsize lender in Nigeria, plans to recapitalise its fintech subsidiary, Zest Payments
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