Nigeria’s oil revenue is set for a boost as Turkey’s biggest oil refining company, Tupras, has placed new orders for Nigerian crude oil expected to arrive between March and April …
Nigerian Breweries Plc has recorded a major turnaround in its business, posting a net profit of N44.6 billion in the first quarter of 2025. This marks a big comeback for …
Global Credit Ratings (GCR) has reaffirmed the long-term and short-term credit ratings of SFS Capital Nigeria Limited, maintaining an A-(NG) rating for long-term and A2(NG) for short-term, with a stable …
The Nigerian Exchange Group (NGX Group) is taking steps to attract more private capital and reduce the trend of companies delisting from the stock market. This was made known by …
Guaranty Trust Holding Company Plc (GTCO) has announced that shareholders will receive a final dividend of N7.03 per share on April 24, 2025, subject to approval. This disclosure was made …
First City Monument Bank (FCMB) has reported a Profit Before Tax (PBT) of N111.9 billion for the financial year ending December 31, 2024. This was disclosed in a corporate statement …
International Breweries has recorded another year of losses, marking its seventh consecutive year in the red. The company’s audited financial report, filed on the Nigerian Exchange Limited on Thursday, showed …
The battle for dominance in Nigeria’s downstream oil sector has led to the closure of no fewer than 70 tank farms over the past two years, leaving many of these …
South Africa’s rand made gains on Monday, strengthened by a surge in gold prices and growing optimism about a potential agreement between the country’s two largest political parties on the …
As the week commences, several developments are poised to influence African markets. Financial markets exhibited mixed signals on Monday. U.S. stock futures experienced an uptick, while the dollar displayed volatility. …
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