TotalEnergies Marketing Nigeria Plc has reported a profit of N27.49 billion for the financial year ended December 31, 2024. This marks a significant 113 per cent increase from the N12.92 …
First City Monument Bank (FCMB) Group Plc has announced a profit after tax of N73.34 billion for the financial year ended December 31, 2024. This marks a drop from the …
Kenya is fast becoming one of Africa’s most attractive destinations for clean energy investment, with new figures from the Energy and Petroleum Regulatory Authority (EPRA) showing rapid growth in electric …
Ikeja Hotels Plc, one of Nigeria’s top hospitality companies, has reported a remarkable 247% increase in after-tax profit, reaching ₦7.2 billion for the year ending December 31, 2024, up from …
JP Morgan is set to expand its footprint in Nigeria by upgrading its Lagos representative office into a full-fledged business branch. The US banking giant plans to apply for a …
The Nigeria Sovereign Investment Authority (NSIA) has recorded significant growth in its net assets for the 2024 financial year, nearly doubling despite global economic uncertainties. In a statement signed by …
The exit of several multinational detergent companies from the Nigerian market has opened up a new opportunity for local manufacturers to meet the growing demand for premium detergents. The gap …
AfrexInsure, the speciality insurance subsidiary of the African Export-Import Bank (Afreximbank), has onboarded Oando Plc as a strategic partner to protect the bank’s investment in Oando’s operations in Nigeria through …
A member of the Central Bank of Nigeria’s Monetary Policy Committee (MPC), Mustapha Akinkunmi, has revealed that Nigeria’s interest rate ranks as the fifth highest in the world. This disclosure …
The Lagos State Government has initiated the Omi Eko project, a comprehensive plan aimed at revitalizing the state’s waterways and attracting £410 million in investments. The project seeks to enhance …