Dangote Cement Swings to N215bn Net Cash After Slashing Debt by 46%
Dangote Cement Plc strengthened its balance sheet in the first half of 2026, moving from a net debt position of
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Seplat’s Half-Year Profit Surges Sixfold on Iran War Fallout
Seplat Energy’s profit after tax jumped nearly six-fold to $164 million in the first half of 2026, buoyed by higher
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Seplat Strikes $282m Deal to Sell 10% Stake in NNPC Joint Venture
NNPC’s interest will rise to 70%, while Seplat plans a special $140 million dividend and further debt reduction. Seplat Energy
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Dangote Cement Posts Higher H1 Profit as Nigerian Exports Jump 62%
Dangote Cement Plc reported a 22.7% increase in profit after tax for the first half of 2026, supported by higher
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European Bank Lends KCB $100 Million to Expand SME Financing in Kenya
The European Bank for Reconstruction and Development (EBRD) is lending KCB Bank Kenya Limited US$100 million, approximately €85 million, to
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NLNG Train 7 to Raise Nigeria’s Cooking Gas Supply by 50% — CEO
Nigeria’s biggest gas exporter NLNG has said its Train 7 expansion project will increase the volume of liquefied petroleum gas
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S&P Global to Buy Majority Stake in Nigeria’s Agusto & Co in African Ratings Push
The deal combines S&P Global Ratings’ international capabilities with Agusto & Co.’s local expertise across Nigeria, Kenya, Rwanda and Ghana.
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Trump’s New Tariff Unlikely to Hit Nigeria Hard, Says CPPE
Nigeria is unlikely to suffer significant economic damage from the latest United States tariff measures because more than 80 percent
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FirstHoldCo Tops N5trn Valuation as Billionaire Otedola Bumps Up Stake
First HoldCo Plc, the parent company of Nigeria’s oldest bank, crossed the N5 trillion market capitalisation mark after chairman Femi
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Moniepoint Says 75% of MSME Borrowers Were First-Time Formal Credit Users
*Fintech disbursed $700m loans in 2025 Three out of every four Micro, Small and Medium-sized Enterprises (MSMEs) that borrowed from
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