Weak Demand Hits BUA Foods’ H1 Revenue, but Profit Rises to N292bn
The food manufacturer overcame weaker consumer demand and lower selling prices by cutting production and operating costs, while strong pasta
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TotalEnergies’ Nigerian Retail Business Bounces Back as Half-Year Profit Nears N5bn
TotalEnergies Marketing Nigeria Plc returned to profitability in the first half of the year, recording a profit after tax of
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Aradel’s Half-Year Revenue Soars 577% on Higher Output, Iran War
The Nigerian energy group generated N975.6 billion in operating cash, slashed net debt to N46.5 billion and reaffirmed its full-year
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Oando Sells 95% Stake in OPDC to Energia for $48.45m
Oando Plc has agreed to sell a 95 per cent equity interest in Oando Production and Development Company Limited (OPDC)
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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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