The Group Chief Executive Officer of FCMB Group Plc, Mr. Ladi Balogun, has said that the company’s ongoing N160 billion public offer will help strengthen its capital base and support …
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Aradel Holdings to Acquire Additional 40% Stake in ND Western Limited
Aradel Holdings Plc has announced that its wholly owned subsidiary, Aradel Energy Limited, has entered into a definitive agreement to acquire a 40 per cent equity interest in ND Western …
- BusinessEconomyEnergyInfrastructureNigeriaOil & Gas
Dangote Refinery Set to Begin Crude Oil Production Before Year-End
The Dangote Refinery is expected to begin producing crude oil before the end of 2025, marking a major step forward for Nigeria’s energy sector, according to a new report by …
- BankingCapital MarketCorporate EarningsEconomyFinanceNigeriaStock Market
Stanbic IBTC Records N278.48bn Profit in Nine Months, Up 52%
Stanbic IBTC Holdings Plc has reported a profit after tax of N278.48 billion for the nine months ending September 30, 2025, marking a 52 per cent increase from N182.87 billion …
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APM Terminals Donates Life-Saving Medical Equipment to Lagos Health Centre
APM Terminals Apapa has donated essential medical equipment to the Simpson Primary Healthcare Centre in Ebute Metta, Lagos, as part of its ongoing corporate social responsibility drive to support maternal …
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Ikeja Hotel Plc Posts N4.85bn Profit in Nine Months, Driven by Strong Revenue Growth
Ikeja Hotel Plc has reported a profit after tax of N4.85bn for the nine months ended September 30, 2025, marking a significant increase from the N2.0bn recorded in the same …
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Nigerian Stock Market Gains N4.32tn as NGX Records Strongest Weekly Rally in Months
The Nigerian stock market recorded a massive rebound last week, adding about N4.32tn to its total value as renewed investor confidence lifted trading activity across major sectors. The Nigerian Exchange …
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FIRS Collects Record N47.39tn in Two Years Under Zacch Adedeji
The Federal Inland Revenue Service (FIRS) has achieved a record N47.39 trillion in tax revenue between October 2023 and September 2025 under Chairman Zacch Adedeji, surpassing its target by 15% …
- BankingBusinessEconomyFinanceINVESTMENTNigeria
Abbey Mortgage Bank Records N1.45bn Profit, Grows Earnings by 56% in Nine Months of 2025
Meta Description: Abbey Mortgage Bank Plc has posted a profit after tax of N1.45 billion for the nine months ended September 2025, a 56% increase driven by higher interest income …
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Ecobank, Lagos State Employment Trust Fund Partner to Empower MSMEs
Ecobank Nigeria and the Lagos State Employment Trust Fund (LSETF) have partnered to empower over 10,000 MSMEs across Lagos through business training, digital tools, market access, and capacity-building programmes aimed …