Oando Pauses Fuel Trading Business as Dangote Refinery Ramps Up
Oando, a major Nigerian energy independent, has put the brakes on its trading of refined products in what it described
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Fintech HabariPay Becomes GTCO’s Most Profitable Non-Banking Unit
HabariPay Limited, the fintech subsidiary of Guaranty Trust Holding Company (GTCO), overtook the group’s asset management business to become its
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BUA Beats Africa’s Biggest Cement Maker Dangote in Profit Growth
BUA Cement, Nigeria’s second-biggest cement producer, recorded the highest growth in earnings in the first nine months of 2025, outperforming
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BUA Cement’s FX Gain, Revenue Lift Nine-Month Profit by 492%
BUA Cement, Nigeria’s second-biggest producer of the building material after Dangote, saw its profit soar nearly sixfold in the first
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Dangote Cement’s Nine-Month Profit Jumps 166% Despite Lower Sales
Dangote Cement reported a profit of N743.3 billion in the first nine months of the year, up from N279.09 billion
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Solar Firm Sun King Sets Up First African Manufacturing Facility in Kenya
Sun King, the world’s leading off-grid solar company, is establishing its first large-scale manufacturing operations in Africa, marking a major
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Access Bank’s Fintech Hydrogen Triples Half-Year Profit
Hydrogen Payment Services Company Limited, the fintech arm of Access Bank, reported a 306% jump in half-year profit. Its profit
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Nigeria’s Biggest Banks Post Rare Profit Decline as FX Gains Fade
Nigeria’s biggest banks posted a rare decline in profits in the first half of 2025 as the foreign exchange gains
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S&P Global Commodity Insights to Open Nigeria Office in Africa Expansion Push
S&P Global Commodity Insights, a major provider of information, analytics, and benchmark prices for global commodities and energy markets, has
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Nigeria’s Top Bank Access Holdings Posts 23% Drop in Half-Year Profit
Access Holdings, the parent of Nigeria’s biggest lender by assets Access Bank, reported a profit after tax of N215.92 billion
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