Access Holdings Plc has posted a profit after tax of ₦182.8 billion for the first quarter of 2025, reflecting a 14.7 percent increase compared to the ₦159.3 billion reported in …
Markets
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Banking, Finance & InvestmentBusinessBusiness InsightsEconomyMarketsNigeria
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Banking, Finance & InvestmentEconomyINVESTMENTMarketsNigeriaWestern Africa
GTCO Posts N300.4bn Profit Before Tax in Q1 2025, Shows Strong Earnings Amid Challenging Environment
Guaranty Trust Holding Company Plc (GTCO) has reported a profit before tax of N300.4 billion for the first quarter of 2025, reinforcing its reputation as one of Nigeria’s most resilient …
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AFRICA NEWSAgribusinessAgricultureEconomyFinance & ServicesINVESTMENTMarketsNigeriaWestern Africa
Presco Plc Records N93.8bn Revenue in Q1 2025, Up by 120% from Last Year
Presco Plc, one of Nigeria’s major palm oil producers, has reported strong financial results for the first quarter of 2025, showing significant growth across key performance areas. The company’s unaudited …
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BusinessBusiness and EconomyBusiness InsightsEconomyEnergyInfrastructureMarketsNigeriaOil & GasTrade and CommerceWestern Africa
Petrol Landing Cost Hits N870 as Dangote Refinery Price Pressures Fuel Importers
The landing cost of Premium Motor Spirit, popularly known as petrol, has now risen to an average of N870 per litre, according to data from the Major Energies Marketers Association …
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Banking, Finance & InvestmentEconomyMarketsNigeriaTransportation & Logisitics
Sterling Bank Extends Zero-Transfer Campaign with Free Bus Rides for Lagosians
Sterling Bank Plc is expanding its Zero Transfer Fees campaign into a broader social impact initiative by providing free bus rides to commuters across Lagos, giving relief to thousands of …
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Banking, Finance & InvestmentBusiness and EconomyBusiness InsightsBusiness PoliciesDigital EconomyMarkets
FCMB Group Grows Assets to N7.4tn, Reports N32.2bn Profit in Q1 2025
FCMB Group Plc has recorded strong growth in its banking and non-banking operations, closing the 2024 financial year with total assets of N7.1 trillion. As of March 31, 2025, the …
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Banking, Finance & InvestmentBusiness and EconomyBusiness InsightsBusiness PoliciesEconomyMarketsNigeria
First HoldCo Plc Sees N37bn Drop in Profit for Q1 2025 as Fair Value Loss Hits Earnings
First HoldCo Plc has recorded a drop in its profit for the first quarter of 2025, with total profit falling to N171.1 billion from N208.1 billion posted in the same …
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Business InsightsBusiness PoliciesEconomyFinance & ServicesINVESTMENTMarketsNigeria
Nigeria’s bond demand declines amid rate hike worries
Investor interest in Federal Government of Nigeria bonds has dropped, as concerns about rising interest rates and high inflation continue to affect decisions in the financial markets. According to the …
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BusinessBusiness InsightsFinance & ServicesManufacturing & Consumer GoodsMarketsNewsNigeria
adbury Nigeria Bounces Back with N5.97bn Profit in Q1 2025
Cadbury Nigeria Plc has returned to profitability with a strong N5.97 billion profit after tax for the first quarter of 2025, marking a major turnaround from the N7.32 billion loss …
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AFRICA NEWSAgricultureBusinessBusiness InsightsEconomyINVESTMENTMarkets
Equatorial Guinea, Congo, and Burkina Faso Make Economic Moves to Attract Global Attention
Equatorial Guinea has caught the interest of international investors after securing an investment-grade credit rating of BBB/A2 from Bloomfield Investment Corporation, a notable achievement for the small oil-rich Central African …