AVA Capital Gains 10% on Stock Market Debut, Hits N41.25bn Valuation
AVA Capital Plc made its debut on the Nigerian Exchange Limited on Friday, adding N41.25 billion to the equities market’s
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NNPC Says Payments to Government Hit N6.28 Trillion in First Half
The state-owned Nigerian National Petroleum Company said the statutory payments to the Federation for the first half of the year
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Conoil’s Profit Balloons Nearly Sixfold to N5.15 Billion in First Half
Conoil Plc recorded a sharp rise in earnings in the first half of the year, with profit after tax climbing
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Geregu Power’s Half-Year Profit Plunges 88% to N2.5bn
Geregu Power Plc recorded a sharp decline in earnings in the first half of 2026, as profit after tax fell
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Nigerian Breweries’ Earnings Squeezed by New Tax Rates as Bill Jumps 45%
The brewer recorded an 18% increase in profit before tax, but a steep rise in income-tax expense restricted net-profit growth
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MTN Clears $105m Dollar Loans, Swings to N36bn Forex Gain
MTN Nigeria Communications recorded a net foreign-exchange gain of N36.4 billion in the first half of 2026, reversing a N5.2
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MTN Nigeria Profit Soars 71% as Half-Year Revenue Hits N3 Trillion
MTN Nigeria Communications Plc reported a 70.6% increase in profit after tax for the first half of 2026, supported by
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Seplat Energy Steps Up Offshore Drilling Push with Second Rig Contract
Seplat Energy is intensifying its offshore drilling campaign in Nigeria, with one jack-up rig already in the country and a
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Aiboni Assumes Office as First Woman to Lead Shell Nigeria
Elohor Aiboni has assumed office as Executive Vice President, Nigeria, and Country Chair of Shell Companies in Nigeria, becoming the
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Seplat Energy Revives 73 Idle Wells From Former ExxonMobil Assets
Seplat Energy Plc, the Nigerian independent oil and gas producer dual-listed in Lagos and London, has restored a cumulative 73
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