AIT’S Parent DAAR Communications Bounces Back to First Quarterly Profit in 4 Years
…posts N504.6 million in Q3 as revenue jumps DAAR Communications Plc, owner of African Independent Television (AIT) and RayPower FM,
Read more
Latest
Woodhall Capital Targets $50bn in Global Capital for Projects in Nigeria
Woodhall Capital, under the leadership of its founder Mojisola Hunponu-Wusu, is spearheading efforts to attract $50 billion in global investments
Read more
Chevron Enters Guinea-Bissau With 90% Stake in Two Oil Blocks
Chevron has entered Guinea-Bissau’s offshore exploration sector through two blocks in the MSGBC basin. Chevron Guinea Bissau Exploration Ltd, a
Read more
Tantalizers Swings to First Profit in 3 Years While Rival Mr Bigg’s Posts Wider Loss
Tantalizers Plc, one of Nigeria’s oldest quick-service restaurant (QSR) chains, returned to profitability in the first nine months of 2025
Read more
Aradel’s Nine-Month Profit Doubles, Buoyed by Shell Asset Purchase
Aradel Holdings Plc, a Nigerian indigenous energy independent, posted a more than two-fold increase in earnings after tax for the
Read more
[REVEALED] UAC’s Purchase of Chivita and Hollandia Maker Costs N2.3bn
[REVEALED] UAC’s Purchase of Chivita and Hollandia Maker Costs N2.3bn UAC of Nigeria has said the transaction costs related to
Read more
Zenith Bank’s Loan Book Shrinks to N9.37trn Amid Decline in Profit
Zenith Bank, Nigeria’s second biggest bank by market capitalisation, saw its loans and advances to customers drop to N9.37 trillion
Read more
UAC Swings to N1.98bn Loss on Chivita, Hollandia Acquisition Cost
UAC of Nigeria swung to a loss of N1.98 billion in the third quarter from a profit of N4.13 billion
Read more
Nigerian Fast-Food Firm Mr Bigg’s Sees Nine-Month Loss Widen to N1.15bn
Mr Bigg’s, a once-thriving fast-food restaurant, saw its loss in the first nine months of this year widen to N1.15
Read more
Nigeria’s Top Large-Cap Firm BUA Foods Doubles Profit
BUA Foods, Nigeria’s biggest listed firm by market capitalisation, posted a two-fold increase in profit after tax for the first
Read more