Sterling Bank and Sister Subsidiary Finalise Recapitalisation With N153bn Injected by Parent
Sterling Financial Holdings Company Plc has confirmed that its core banking subsidiaries, The Alternative Bank (AltBank) and Sterling Bank, are
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Nigeria’s Forex Market Liquidity Plunges 46% This Week
Liquidity in Nigeria’s foreign exchange market slumped by 46 percent this week, data from securities exchange FMDQ shows. The total
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Seplat Up 44% Since Elumelu’s Stake Purchase as Valuation Tops N5trn
Seplat Energy, one of the biggest Nigerian oil and gas independents, has risen 44.4 percent on the stock exchange since
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MTN Regains Crown as Most Valuable Firm, Ends BUA Foods’ Six-Month Reign
MTN Nigeria Communications has regained its crown as the most valuable company on the stock exchange just over six months
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Nigeria’s Biggest Brewer Swings to N99bn Profit After Two Years of Losses
The Nigerian Breweries has reported a profit after tax of N99.10 billion for 2025, compared with a loss of N144.88
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NNPC’s Annual Profit Rises as Revenue Tops N60trn
The Nigerian National Petroleum Company (NNPC) has reported a profit after tax of N5.76 trillion for 2025, up from N5.4
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Dangote’s Domestic Petrol Supply to Jump 50% as Refinery Maxes Out at 650,000bpd
The Dangote Petroleum Refinery has achieved a major operational milestone with the full restoration and optimisation of its Crude Distillation
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Dangote Refinery Cuts Petrol Gantry Price to N774/Litre
Dangote Petroleum Refinery has reduced the gantry price of Premium Motor Spirit by N25 per litre, lowering its ex-depot/gantry rate from
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Frigoglass Hands Over Beta Glass to Helios Investment Partners After €100m Deal
Frigoglass Group has announced the successful completion of the sale of its Nigerian glass business to Helios Investment Partners (acting
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Aradel’s Asset Base Tops N10trn on Shell and ND Western Deals
Aradel Holdings, a major Nigerian oil and gas independent, saw its total assets grow almost sixfold last year to N10.4
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