GCR Ratings has affirmed Dangote Industries Limited with national-scale long-term and short-term issuer ratings of AA+ and A1+, respectively. This affirmation highlights the company’s robust financial...
We are pleased to announce that the Central Bank of Nigeria has approved the framework for the merger between Providus Bank Limited and Unity Bank Plc,...
The Nigerian National Petroleum Company Limited (NNPC Ltd) has made a significant addition to the global oil market with the introduction of a new crude oil...
BUA Foods Plc, one of Nigeria’s leading food manufacturing companies, has reported N130.9 billion profit after tax (PAT) for the first half (H1) of 2024, ending...
Nestle Nigeria Plc has reported an after-tax loss of N176.9 billion for the first half of 2024 as the naira devaluation plunged profitability. This represents a...
Oando PLC, Nigeria’s leading energy solutions provider, has firmly denied recent allegations claiming it holds interests in a Maltese oil storage facility, Ras Hansir Oil Terminal...
Transcorp Power Plc, a leading power subsidiary of the Transcorp Group, has reported a 214% increase in profit before tax (PBT) from N16.2 billion recorded in...
Oando PLC, Nigeria’s foremost indigenous energy solutions provider, has announced that the Nigerian Government has approved its acquisition of 100% of the shares of Nigerian Agip...
Dangote Cement PLC, Africa’s largest cement producer, has announced profit after tax (PAT) of ₦189.9 billion for the first half of 2024. This represents a notable...
Guinness Nigeria Plc has reported a loss of N54.77 billion for the financial year ending June 30, 2024. This represents a 201% increase compared to the...
