Airtel Africa Plc has returned a total of $34.7 million to its shareholders after repurchasing 14.2 million shares under its ongoing share buyback programme. The telecoms and mobile money services …
Capital Market
-
BusinessCapital MarketCorporate ServicesEconomyFinanceINVESTMENTNigeriaTelecommunications
-
BankingCapital MarketCorporate EarningsEconomyFinanceINVESTMENTNigeria
Zenith Bank Half-Year Profit Hits N532bn, Gross Earnings Rise to N2.5tn
Zenith Bank Plc has reported strong financial results for the first half of 2025, growing its gross earnings to N2.5 trillion as of June 30, 2025. This represents a 20 …
-
BankingCapital MarketCorporate GovernanceDebt Management,FinanceINVESTMENT
Union Bank Completes N6.31bn Bond Redemption
Union Bank of Nigeria has successfully completed the full redemption of its Series 2 bond, paying both principal and coupon totalling N6.31 billion on September 3, 2025. The repayment marks …
-
BankingCapital MarketCorporate EarningsEconomyFinanceINVESTMENTNigeria
Stanbic IBTC Half-Year Profit Jumps to N173.4bn on Strong Interest and Fee Income
Stanbic IBTC Holdings Plc has reported a profit after tax of N173.4 billion for the half year ended June 30, 2025, showing a 49 per cent rise compared with the …
-
Capital MarketCryptocurrencyFinanceFintechGlobal DevelopmentGovernment PolicyInternational
UK, US Launch Transatlantic Taskforce to Boost Capital Market Access and Crypto Regulation
The governments of the United Kingdom and the United States have set up a new body to reduce barriers for companies trying to raise funds in both countries’ capital markets …
-
BankingBusinessCapital MarketCorporate EarningsEconomyFinance
UBA Half-Year Profit Rises to N335bn Despite Drop in Pre-Tax Earnings
United Bank for Africa Plc (UBA) has announced its financial performance for the first half of 2025, showing a profit after tax of N335.53bn. This represents a 6.06 per cent …
-
BusinessCapital MarketCorporate EarningsEnergyNigeriaOil & Gas
OGTAN Pledges Stronger Skills Training to Boost Nigeria’s Energy Sector
The Oil and Gas Trainers Association of Nigeria (OGTAN) has reaffirmed its commitment to building fit-for-purpose skills that will strengthen Nigeria’s energy industry and ensure long-term sustainability. Speaking at the …
-
BusinessCapital MarketEconomyFinance & ServicesNigeriaSecurityTechnologyTrade
CSCS Reports N2.1tn Securities Transactions in Four Months
The Central Securities Clearing System (CSCS) has reported securities transactions worth N2.112 trillion between May and August 2025, marking a 138.44 per cent increase compared to the N885.93 billion recorded …
-
Capital MarketEconomyFinanceNigeriaRegulationSustainability
SEC to Adopt Global Sustainability Disclosure Standards for Nigerian Market
The Securities and Exchange Commission (SEC) has announced plans to adopt the global sustainability disclosure standards developed by the International Organisation of Securities Commissions (IOSCO). The move is expected to …
-
BankingBusinessCapital MarketEconomyFinanceNigeria
Report Highlights FCMB’s Recapitalisation Strategy as Model for Nigerian Banks
A new report by geopolitical and economic research firm, SBM Intelligence, has praised the recapitalisation strategy of FCMB Group as one of the most effective approaches among Nigeria’s Tier-2 banks. …