Global Credit Rating (GCR) has reaffirmed the credit rating of Lasaco Assurance Plc at A(NG) with a Stable Outlook, making it the third year in a row that the Nigerian …
Corporate News
-
BusinessCorporate NewsEconomyFinanceInsuranceINVESTMENT
-
BusinessCapital MarketCorporate NewsEconomyINVESTMENTNigeria
NASD Declares First Dividend as Shareholders Celebrate Turnaround
Shareholders of NASD Plc have commended the company’s board and management for steering it out of years of losses to profitability, leading to its first-ever cash dividend payout. At the …
-
African DevelopmentBusinessCorporate NewsTechnology
TD Africa Secures Global AI and Data Privacy Certifications
TD Africa, one of the biggest technology distributors in Sub-Saharan Africa, has achieved two major international certifications that place the company at the centre of Africa’s push for responsible artificial …
-
BusinessCorporate NewsEconomyFinanceTrade
Champion Breweries Moves to Acquire Bullet Brand in Strategic Expansion
Champion Breweries Plc, a subsidiary of enJOYcorp and member of the EverCorp family, has signed an agreement to acquire the Bullet brand, an alcoholic and energy beverage, in a deal …
-
BusinessCorporate NewsEconomyFinance & ServicesInsuranceLeadershipNigeriaReal Estate
Lasaco Assurance Rebrands Subsidiaries, Appoints New Leadership for Growth
Lasaco Assurance Plc has unveiled a major rebranding of its two subsidiaries, Lasaco Properties Limited (LPL) and Lasaco Trading and Investment Limited (LTIL), as part of efforts to improve efficiency, …
-
Consumer AffairsCorporate NewsINVESTMENTMarketsTelecommunications
Nigerian Breweries, MTN and Nestlé to Resume Dividend Payouts in 2026 — Investors Await Reward
Three of Nigeria’s biggest publicly listed companies — Nigerian Breweries Plc, MTN Nigeria Communications Plc, and Nestlé Nigeria Plc — are expected to resume dividend payments in 2026. This comes …
-
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 …
-
BusinessCorporate NewsEnergyFinance & ServicesNigeria
Eterna Plc Posts N1.6bn Profit in First Half of 2025
Eterna Plc, one of Nigeria’s leading integrated energy companies, has maintained a strong financial position by posting a profit before tax of N1.6 billion for the first half of 2025. …
-
BusinessCorporate NewsEconomyFinance & ServicesNigeria
Transcorp Power Declares N11.25bn Dividend on Strong Earnings
Transcorp Power Plc, the electricity generation arm of Transnational Corporation Plc (Transcorp Group), has posted strong financial results for the first half of the year ended June 30, 2025. The …