Presco Plc, one of Nigeria’s major palm oil producers, has reported a strong financial performance for the first half of 2025, posting a profit after tax of ₦88.72 billion. This …
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- AgricultureBusinessCorporate EarningsEconomyManufacturingMarkets
- BusinessCorporate EarningsEconomyFinanceHealthcareInsurance
AXA Mansard Grows Half-Year 2025 Insurance Revenue by 24%, Hits ₦81.15bn
AXA Mansard Insurance Plc, a member of the global AXA Group, has reported a 24 per cent increase in its insurance revenue for the half-year ended June 30, 2025. The …
- BusinessCorporate EarningsEconomyManufacturingMarkets
Champion Breweries Bounces Back with N2.29bn Profit in First Half of 2025
Champion Breweries Plc has returned to profitability in the first half of 2025, posting a profit after tax of ₦2.29 billion. This marks a major turnaround from the ₦386.66 million …
- Business and EconomyEnergyEnvironmentInternational TradeMining
Zambia Taps Strategic Minerals to Ride 2040 Global Demand Boom
Zambia is positioning itself as a major player in the global race for energy transition minerals, as international demand for graphite, lithium, rare earth elements, and columbite-tantalite is expected to …
- Correctional ServicesGovernanceHuman RightsLaw and JusticePoliticsPrisonsPublic Health
Kambwili’s Health in Spotlight After Court Transfer
Fresh concerns have been raised in Zambia over the health condition of former cabinet minister and senior Patriotic Front (PF) leader, Chishimba Kambwili, after he was suddenly moved from Milima …
- African PoliticsEnergyGOVERNMENTInfrastructurePoliticsPublic SafetyTransportation
Umahi Dismisses Crack on Coastal Highway, Says N3tn Needed to Complete Road Projects
The Minister of Works, David Umahi, has cleared the air on a crack that appeared on the Lagos-Calabar Coastal Highway, saying it is not a structural failure and should not …
- AviationCrimeEntertainmentPublic SafetyTransportation
KWAM 1 Denies FAAN Allegations, Says Abuja Airport Incident Was Misrepresented
Popular Fuji musician, King Wasiu Ayinde Marshal, also known as K1 De Ultimate or KWAM 1, has denied allegations of misconduct at the Nnamdi Azikiwe International Airport in Abuja. This …
- BusinessCorporate AffairsFinance & ServicesInsuranceNigeria
Lasaco Pledges Improved Services at South-West Customer Forum
Lasaco Assurance Plc has promised to keep improving its services and maintain its position as one of the leading insurance companies in the country. This assurance was given at the …
- Debt Management,EconomyFinanceInfrastructureINVESTMENTOil & GasPublic Services
NUPRC Says 220 Unlicensed Oil Blocks Awaiting Bidders
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said that 220 oil blocks across Nigeria are not abandoned but are waiting for new concessionaires to take over through proper licensing …
- BusinessGovernanceINVESTMENTRegulationTelecommunications
NCC Introduces New Governance Rules as Foreign Investment in Telecoms Falls by 58%
The Nigerian Communications Commission (NCC) has announced a new set of governance rules for telecom operators across the country, as the sector battles a sharp drop in foreign direct investment …