Nigerian bourse delists two firms as ‘securities no longer suitable’
The Nigerian Exchange Limited (NGX) announced on Friday that the securities of Tourist Company of Nigeria Plc and Union Homes
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Airtel Africa’s nine-month profit soars to $248m in recovery from losses
By Joseph Olaoluwa In a major comeback from heavy losses triggered by naira devaluations, Airtel Africa reported a profit after
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Cedar Money secures $9.9m to boost cross-border payments with stablecoins
By Joseph Olaoluwa Cedar Money, a fintech startup utilising stablecoins for cross-border payments, has announced a $9.9 million seed funding
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Sterling Holdings posts 74% jump in annual profit
By Mary Adenike Sterling Financial Holdings Company Plc, the parent company of Sterling Bank, posted an after-tax profit of N37.5
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Stanbic IBTC’s earnings hit N202bn as interest income doubles
By Mary Adenike Stanbic IBTC Holdings, the parent company of Stanbic IBTC Bank, saw its after-tax profit rise by 43.7
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Meet Ainojie ‘Alex’ Irune, MD of Oando’s new subsidiary bought for $783m
In August last year, Oando Plc, a Nigerian energy company listed on both the Nigerian Exchange Limited and Johannesburg Stock
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Oando’s pretax profit falls 54% despite revenue rise
Oando Plc, an indigenous energy company, reported a profit before tax of N47.78 billion last year, down from N102.98 billion
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[REVEALED] FBN Holdings sells merchant bank for N35.6bn
FBN Holdings, the parent company of First Bank of Nigeria, sold its 100% equity stake in FBNQuest Merchant Bank for
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FBNH’s customer deposits surge by N6.62trn in one year under Otedola
FBN Holdings Plc, the parent company of First Bank of Nigeria, grew its customer deposits by 62 percent in 2024
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Nigeria shifts focus to domestic LNG supply as five mini plants launched
The Nigerian National Petroleum Company Ltd and its partners launched five mini liquefied natural gas (LNG) plants in Ajaokuta, Kogi
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