Nigerian businesswoman and entrepreneur, Mrs Aisha Maina, has secured a $40 million investment backed by the African Export-Import Bank (Afreximbank) to develop a deep-water port in Basseterre, St Kitts & …
Business
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BusinessEconomyInfrastructureMaritimeTrade & Investment,
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AgricultureBusinessCorporate EarningsEconomyManufacturingMarkets
Presco Plc Grows Profit to ₦88.72bn in H1 2025, Records 128% Surge
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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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 …
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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 …
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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 …
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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 …
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BusinessCorporate NewsEconomyFinanceInfrastructureNigeria
Julius Berger Nigeria Grows Revenue to N343.4bn in H1 2025
Construction giant Julius Berger Nigeria Plc has reported a revenue of N343.4 billion for the first half of 2025, showing a 41 per cent rise compared to the N243.8 billion …
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Falcon Corporation Limited, a leading player in Nigeria’s gas and energy sector, has announced that Mrs Audrey Joe-Ezigbo will become its new Chief Executive Officer effective January 1, 2026. The …
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AgribusinessAgricultureDevelopmentEconomyFood ProductionPolitics
Tinubu Approves N1.5tn Recapitalisation for Bank of Agriculture to Boost Youth
President Bola Ahmed Tinubu has approved the recapitalisation of the Bank of Agriculture (BOA) with N1.5 trillion, in what the federal government has described as the biggest single investment in …
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BusinessEconomyGovernanceLeadershipPublic SectorSouthern Africa
Outgoing Hassam Urges Economic Role for Private Sector
Outgoing Chairman of NICO Holdings Limited, Gaffar Hassam, has called on the private sector to take the lead in helping Malawi grow its economy. He said businesses must work hand-in-hand …