insurance industry by becoming the first non-life insurance company to cross the N100 billion mark in gross premium income. The achievement was revealed during the company’s 55th Annual General Meeting …
The Securities and Exchange Commission (SEC) has disclosed that companies listed on the Nigerian Exchange paid a total of ₦1.1 trillion in dividends to shareholders in 2024, with ₦1.0 trillion …
First HoldCo Plc has announced a total dividend payout of N25.13 billion for the financial year ending December 31, 2024. The decision was approved at the company’s 13th Annual General …
Nigeria’s foreign direct investment (FDI) has continued to perform below expectations, with the World Bank revealing that the country attracted less than one per cent of its GDP in FDI …
Capital Hotel Plc, owners of Abuja Continental Hotel, has announced a revenue of N17.98 billion for the 2024 financial year, marking a 128 per cent increase from the N7.89 billion …
The Nigerian Exchange Limited (NGX) closed last week on a bearish note, breaking its four-week bullish streak, as investors’ wealth declined by N202 billion. This downturn followed the Central Bank …
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has said the shutdown of the Port Harcourt Refining Company by the Nigerian National Petroleum Company Limited (NNPC) is not a major …
South African retail giant Pick n Pay has reported a significantly smaller loss before tax for its full-year results, signalling early signs of recovery as the company pushes forward with …
Nigerian safety footwear manufacturer, Yikodeen, has secured a $1.5 million investment from Lagos-based private equity firm, Aruwa Capital Management. The money will be used to expand Yikodeen’s factory, increase its …
The Nigerian Air Force (NAF) has destroyed more than 100 illegal crude oil refining sites in the Niger Delta region between January and May 2025. This action is part of …
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