Airtel Africa reported a $1.7 billion loss due to currency devaluations in Nigeria and Malawi for fiscal year 2024. Despite a 20.9% growth in service revenues...
Tantalizers Plc successfully raised an estimated N1.07 billion through a private placement, as the fast food chain continues its restructuring plans. The company has negative retained...
Access Corporation, Nigeria’s largest bank by total assets, recently awarded share options worth approximately N427 million to several key executives under its Restricted Share Performance Plan...
UAC of Nigeria Plc (UACN) and Chemical and Allied Products Plc (CAP), have refuted the alleged media report on the potential acquisition by UAC of shares...
As part of Transnational Corporation Plc’s proposed share reconstruction, the total number of issued ordinary shares of the company will be reduced by consolidating the issued...
Guaranty Trust Holding Company (GTCO), one of Nigeria’s most efficiently run bank, has just announced the largest ever pre-tax profits in Nigerian banking history. According to...
Nigerian banks experienced a challenging April, as all major banking stocks posted losses month-to-date. This downturn coincided with the first month-to-date decline in the NGX All...
Shareholders of FCMB Group Plc will receive a total dividend of N9.901 billion for the financial year ending December 2023, representing a reward of 50 kobo...
Access Holdings has maintained its position as Nigeria’s largest banking group, with assets reaching N32.6 trillion as of March 31, 2024. This represents a whopping 22%...
MTN Nigeria experienced significant financial strain due to a continued depreciation of the naira, reporting a net foreign exchange loss of N656.3 billion in Q1 2024,...
MTN Nigeria released its Q1 2024 results, showing revenue of N752.9 billion, up 32.5% compared to N568.1 billion for the same period in 2023. However, the...
Nigerian Breweries is seeking to convert part of its liabilities into equities. This is according to the resolutions from the group’s Annual General Meeting (AGM) held...
On Thursday, the Nigerian Stock Exchange (NSE) witnessed a modest uptick in its principal indicators, with the NGX All-Share Index (ASI) climbing by 48 points to...
Oando Plc has released its FY 2022 financial statements, posting a loss after tax of N81.2 billon during the year compared to a profit after tax...
Oando Plc has released its FY 2022 financial statements, posting a loss after tax of N81.2 billon during the year. This marks a significant decline from...