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Latest:
  • Modupe Elebute-Odunsi: I left the UK to reshape Nigerian cancer care — not to run Lagoon Hospital 
  • Access Bank’s Fintech Hydrogen Posts Lower Annual Profit of N1.65 Billion
  • Profit at Access Bank’s Parent Rises 15% to N743 Billion
  • Geregu Power’s Q1 Profit Plunges 80% After Otedola’s Exit
  • Tinubu Splits Energy Advisory Role, Hires Ex-Power Minister Babalola, Moves Verheijen to Oil and Gas
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Stocks

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Dangote Cement’s half-year profit hits N190bn as revenue jumps 85%

July 25, 2024July 25, 2024 Markets Reporters 0 Comments Aliko Dangote, Dangote Cement

Dangote Cement Plc, Africa’s largest cement producer, posted a 6.3% increase in its profit after tax to N189.9 billion for

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Airtel Africa swings to profit despite weaker Nigerian naira’s impact

July 25, 2024July 25, 2024 Markets Reporters 0 Comments Airtel Africa, Sunil Taldar

Airtel Africa Plc reported a profit after tax of $31 million for the quarter ended June 30, compared with a

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Transcorp Hotels’ half-year profit nearly triples

July 24, 2024July 24, 2024 Markets Reporters 0 Comments Transcorp Hotels

Transcorp Hotels Plc posted a 188% increase in its profit before tax for the first half of this year compared

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International Energy Insurance swings to N3.71bn loss in H1

July 23, 2024 Markets Reporters 0 Comments International Energy Insurance

International Energy Insurance Plc reported a loss after tax of N3.71 billion in the first half of this year compared

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Niger Insurance, two others ejected from stock exchange 

July 19, 2024 Markets Reporters 0 Comments NGX, Niger Insurance, RAK Unity Petroleum, Resort Savings and Loans

The Nigerian Exchange Limited (NGX) has delisted Niger Insurance Plc, Resort Savings and Loans Plc and RAK Unity Petroleum Plc. 

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Geregu Power posts higher quarterly profit of N8.25bn

July 13, 2024July 13, 2024 Markets Reporters 0 Comments Femi Otedola, Geregu Power

Geregu Power Plc has reported a 19 percent increase in its profit before tax for the second quarter of this

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Access Holdings’ N351bn rights issue opens for subscription 

July 8, 2024July 8, 2024 Markets Reporters 0 Comments Access Bank, Access Holdings rights issue

Access Holdings Plc, the parent company of the country’s largest bank by assets, has announced the commencement of its N351bn

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Access Holdings gets SEC’s nod for N351bn rights issue

July 7, 2024July 7, 2024 Markets Reporters 0 Comments Access Holdings, Access Holdings rights issue, Bank recapitalisation

Access Holdings Plc says it has received approval from the Securities and Exchange Commission (SEC) for the commencement of its

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Afreximbank gets shareholders’ nod to raise share capital to $25bn

July 3, 2024July 3, 2024 Markets Reporters 0 Comments Afreximbank, Benedict Oramah

The shareholders of the Africa Export-Import Bank (Afreximbank) have approved an increase in its authorised share capital from $5 billion

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CBO Capital Partners transfers Ellah Lakes shares to creditors

July 3, 2024July 3, 2024 Markets Reporters 0 Comments CBO Capital Partners, Chuka Mordi, Ellah Lakes

CBO Capital Partners Limited has transferred a portion of its Ellah Lakes shares to its shareholders and creditors in a

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