First Asset Management Limited, an investment management company and a subsidiary of First HoldCo Plc, has announced that it has crossed the N1 trillion mark in Assets Under Management (AUM), …
INVESTMENT
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Banking, Finance & InvestmentBusinessBusiness and EconomyEconomyFinance & ServicesINVESTMENTMarketsNigeria
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BusinessBusiness InsightsFinance & ServicesINVESTMENTMarketsNigeriaReal Estate
SFS REIT Records 50% Net Income Growth, Declares N21.50 Dividend Per Unit
SFS Real Estate Investment Trust (SFS REIT) has posted impressive results for the 2024 financial year, reporting a 50.26 per cent increase in net income to N477.09 million. This growth …
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AfricaBusinessFinance & ServicesFintechGhanaINVESTMENTMarketsNigeriaPress ReleasesWestern Africa
VFD Group Declares N3.17bn Dividend, Bonus Shares as Profit Hits N11.3bn in 2024
Shareholders of VFD Group Plc have approved a total dividend payout of N3.17 billion, translating to N2.50 per share, following the company’s strong financial performance in 2024. The resolution was …
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BusinessEconomyEnvironmentINVESTMENTMobile Telecommunications Network (MTN)NigeriaTelecommunications
MTN Nigeria Invests N3.5bn in 2024 for Social and Environmental Impact, Total CSI Spend Hits N31.9bn
MTN Nigeria Communications Plc has announced that it invested N3.5 billion in Corporate Social Investment (CSI) initiatives in 2024, raising its total social impact spending to N31.9 billion since inception. …
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EconomyInfrastructureINVESTMENTNigeriaTrade and CommerceTransportation & Logisitics
Snake Island Port Reaffirms Support for Nigeria’s Trade and Industrialisation Goals
Snake Island Port has reaffirmed its commitment to supporting Nigeria’s trade expansion and industrialisation agenda, highlighting its role in enhancing port infrastructure, attracting investment, and driving economic development. The declaration …
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BusinessDevelopmentEconomyEnergyGOVERNMENTInfrastructureINVESTMENTOil & Gas
Seplat Energy Boosts Production in Q1 2025, Hits 131,561 Barrels Daily, Reports $306.5m Operational Cash Flow
Seplat Energy has recorded a major leap in its hydrocarbon production, with average daily output reaching 131,561 barrels of oil equivalent per day (boepd) in the first quarter of 2025. …
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AfricaAFRICA NEWSArts & CultureBusinessBusiness InsightsEconomyEntertainmentFinance & ServicesINVESTMENTTechnology
Afreximbank Launches $1 Billion Africa Film Fund to Boost Creative Industry Across the Continent
The African Export-Import Bank (Afreximbank), through its impact investment subsidiary—the Fund for Export Development in Africa (FEDA)—has officially launched a $1 billion Africa Film Fund aimed at transforming the continent’s …
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AfricaAFRICA NEWSBusinessBusiness InsightsBusiness PoliciesEconomyFinance & ServicesGOVERNMENTINVESTMENTMarketsPolicies
Investors Watch DMO’s ₦550bn Treasury Bills Auction as Market Eyes Interest Rate Direction
Many investors are paying close attention to the Treasury Bills auction being held today, Tuesday, May 7, 2025, as the Debt Management Office (DMO) offers ₦550 billion worth of T-bills …
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AfricaBusinessBusiness InsightsDevelopmentEventsInternational RelationsINVESTMENTNigeriaTrade and Commerce
U.S.-Africa Business Summit to Hold in Angola as Stakeholders Discuss Economic Growth and Trade Opportunities
The 17th edition of the U.S.-Africa Business Summit will hold in Luanda, the capital of Angola, from June 22 to 25, 2025. The event is expected to bring together top …
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AgricultureBusinessEconomyINVESTMENTNigeriaNorth Africa
Taraba Showcases Investment Potentials Ahead of May 21 Summit
The Taraba State Government has announced plans to host the Taraba State International Investment Summit (Taravest 2025) on May 21 in Jalingo, as part of efforts to unlock the state’s …