Transnational Corporation Plc reported lower revenue and profit for the six months ended June 30, 2026, as gas supply shortages and electricity-grid constraints affected the performance...
Ikeja Hotel Plc reported an expansion in its consolidated balance sheet for the six months ended June 30, 2026, supported by higher cash reserves, increased capital...
Airtel Africa Plc has selected London as its preferred listing venue for Airtel Money as the telecommunications group moves to unlock the value of its rapidly...
Airtel Africa Plc reported a 27 percent increase in profit after tax to $198 million for the quarter ended June 30, 2026, driven by rising data...
The Nigerian Exchange (NGX) closed lower on Wednesday as profit-taking in heavyweight consumer goods stocks offset strong institutional activity in banking shares, while a N77.6 billion...
First HoldCo Plc Chairman, Olufemi Otedola, has deepened his investment in the financial services group after a company related to him acquired 706,131,179 ordinary shares valued...
Despite easing headline inflation, the Central Bank of Nigeria (CBN) held its benchmark interest rate at 26.5 percent as rising food costs, geopolitical tensions and potential...
The Central Bank of Nigeria (CBN) has said the recently concluded banking-sector recapitalisation exercise has improved the resilience of Nigerian banks and strengthened the financial system’s...
The Federal Government has paid approximately ₦333.12 billion to eight electricity generation companies under its programme to resolve accumulated financial obligations in Nigeria’s power industry. The...
African Export-Import Bank (Afreximbank) has approved a $200 million financing facility for Shoreline Power Company Limited and its partners to support the execution of a major...