Africa’s richest man, Aliko Dangote, has seen his personal fortune grow to $29.3 billion as of August 5, 2025, according to the Bloomberg Billionaires Index. This latest ranking places him …
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Conoil Records Sharp Drop in Half-Year Profit as Revenue and Costs Take a Toll
Conoil Plc, one of Nigeria’s oldest petroleum marketing companies, has reported a significant drop in its profit after tax for the half-year period ended June 30, 2025. According to the …
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BusinessCapital MarketEconomyFinance & ServicesMarkets
NGX Market Capitalisation Increases by N459bn as BUA Cement
The Nigerian Exchange Limited (NGX) continued its upward momentum on Tuesday, August 6, 2025, as the market saw renewed buying interest in major stocks. The All-Share Index (ASI) climbed by …
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Banking, Finance & InvestmentBusiness and EconomyCapital MarketCorporate Earnings
FCMB Grows Half-Year Profit to N73.4bn in 2025
FCMB Group Plc has announced a strong financial performance for the half-year period ended June 30, 2025, showing major growth in revenue, profit, and customer deposits, despite some challenges in …
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Banking, Finance & InvestmentBusinessCapital MarketEastern AfricaEconomy
BAT Kenya Doubles Interim Dividend as NSE Gains Momentum
British American Tobacco Kenya (BAT Kenya), listed on the Nairobi Securities Exchange (NSE), has announced a 100 percent increase in its interim dividend after posting strong half-year results. The cigarette …