Femi Otedola, chairman of First HoldCo, has explained that the group’s sharp profit decline followed a deliberate decision to fully recognise legacy non-performing loans. He described...
Stanbic IBTC Holdings Plc reported a strong financial performance for the year ended December 31, 2025, following balance sheet expansion, higher interest income, resilient non-interest revenue,...
Airtel Africa Plc has reported a robust performance for the nine-month period ended December 31, 2025, underpinned by strong customer growth, accelerating data and mobile money...
Zenith Bank Plc has announced that its Board of Directors has approved the Group’s audited consolidated and separate financial statements for the year ended December 31,...
BUA Foods Plc maintained Sugar as its largest revenue contributor in FY 2025 with the segment accounting for 42 percent of total revenue, compared with 48...
The Nigerian stock market closed trading on Thursday on a positive note as selective bargain-hunting in equities lifted the benchmark index, while exchange-traded products extended their...
The Nigerian Naira strengthened against the United States Dollar in the informal foreign exchange market on Friday as improved liquidity and easing end-of-month demand helped stabilize...
TotalEnergies Marketing Nigeria Plc reported a significant contraction in revenue for the year ended 31 December 2025. Revenue for the period declined to ₦767.63 billion, representing...
Wema Bank Plc recorded strong deposit growth in 2025 with customer deposits rising by 30.1 percent year-on-year to ₦3.28 trillion, up from ₦2.52 trillion in the...
Wema Bank Plc expanded its balance sheet in 2025 as total assets rose 40.8 percent year-on-year to ₦5.06 trillion from ₦3.59 trillion, driven by stronger liquidity...