Guinea Insurance Plc has met the National Insurance Commission’s (NAICOM) N15 billion minimum capital requirement for non-life insurers after raising approximately N12.6 billion through a hybrid...
Caverton’s Debt Rises 17% to N77.07bn in Caverton Offshore Support Group Plc increased its total interest-bearing borrowings by 17.1 per cent to N77.07 billion in the...
Five Nigerian listed companies generated a combined profit after tax of more than N1.4 trillion in the first half of 2026, but beyond the sheer size...
Aradel Cuts Net Debt by 70 Per Cent as the icompany strengthened its balance sheet in the first half of 2026, reducing net debt to N46.5...
Skyway Aviation Handling Company Plc (SAHCO) reported a more than 50 per cent decline in profit for the first half of 2026 despite revenue growth, as...
AVA Capital Plc on Friday was admitted to the Main Board of Nigerian Exchange Limited (NGX) following the listing by introduction of its 5 billion ordinary...
Red Star Express revenue increased by 22 per cent in the first quarter of the 2026 financial year as the logistics company benefited from stronger freight,...
Despite conflict-driven turbulence and rising fuel prices dragging down global passenger demand, African airlines are quietly emerging as the aviation industry’s strongest growth story. While headlines...
For years, Nigeria’s foreign exchange market struggled with more than just dollar shortages. It was weighed down by fragmented exchange rate windows, opaque pricing, speculative activity...
The Federal Government will publish a petrol subsidy savings breakdown in the coming days, according to Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy...
The Nigerian Breweries Plc has erased its accumulated losses after the brewer reported a profit before tax of N156.3 billion for the first half of 2026....
Oando Plc recorded N2.06 trillion in revenue for the first half of 2026, crossing the N2 trillion mark for the first time in a six-month reporting...
Electronic payment solutions provider eTranzact International Plc has projected a return to stronger earnings in the third quarter of 2026, forecasting a profit after tax of...
SUNU Assurances Nigeria Plc paid significantly higher insurance claims in the first half of 2026 as growing underwriting obligations weighed on profitability, even as the insurer...
The Federal Government has said its proposed cost-of-capital reform is central to achieving Nigeria’s ambition of building a $1 trillion economy by 2030, as it seeks...
Otedola’s First HoldCo stake increased to 25.88 per cent on Thursday after billionaire investor Femi Otedola acquired an additional 1.77 billion shares in First HoldCo Plc...
Nigeria’s foreign capital inflows almost doubled in 2025 as ongoing foreign exchange market reforms and attractive domestic investment yields restored investor confidence, with total capital importation...
