Nestlé Nigeria Plc has bounced back to profitability, posting a profit after tax of N50.6bn for the half-year period ended June 30, 2025. This strong recovery comes after the food …
Markets
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BusinessEconomyFinance & ServicesManufacturing & Consumer GoodsMarketsNigeria
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BusinessCapital MarketEconomyFinance & ServicesMarkets
NGX Market Capitalisation Increases by N459bn as BUA Cement
The Nigerian Exchange Limited (NGX) continued its upward momentum on Tuesday, August 6, 2025, as the market saw renewed buying interest in major stocks. The All-Share Index (ASI) climbed by …
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Business and EconomyFinance & ServicesInternationalMarkets
Turkish Stock Market Closes Lower Amid High Trading Volume
The Turkish stock market ended Tuesday’s trading session in the red, as the country’s main index, the BIST 100, fell by 0.52% to close at 10,487.25 points. This drop came …
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AgricultureBusinessEconomyManufacturingMarketsNigeria
Dangote Sugar Returns to Profit with N430bn Revenue in H1 2025
Dangote Sugar Refinery Plc (DSR) has announced a strong recovery in its financial results for the first half of 2025, recording a revenue of N430.21 billion, representing a 45.53% increase …
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Banking, Finance & InvestmentFinance & ServicesMarketsNigeriaWestern Africa
Moody’s Upgrades Outlook on Ecobank Group
Global credit rating agency Moody’s Investors Service has affirmed the ratings of Ecobank Transnational Incorporated (ETI), the parent company of Ecobank Group, and changed its outlook to stable from negative, …
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The Lagos State Government has cautioned residents to be wary of fake estate agents promoting non-existent housing units for sale or rent on social media platforms. The warning comes amid …
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BusinessDevelopmentEconomyInfrastructureMarketsReal Estate
Nigeria’s Commercial Property Market Faces Dollar Shock
The commercial real estate market in Nigeria is witnessing mixed developments, as the cost of renting office spaces skyrockets due to naira devaluation, while industrial real estate is enjoying renewed …
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Arts & CultureBusinessEntertainmentMarketsNigeria
Guinness Becomes Gold Sponsor of Big Brother Naija Season 10, Promises Bold Cultural Showcases
Guinness Nigeria has been announced as a Gold Sponsor for the 10th edition of Big Brother Naija, Africa’s most-watched television reality show. The brewing company made the declaration in a …
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DevelopmentEastern AfricaEnergyGOVERNMENTInfrastructureKenyaMarkets
KPC Set for NSE Listing as Kenya Pushes Privatisation Agenda
The Kenya Pipeline Company (KPC) is set to list on the Nairobi Securities Exchange (NSE) in September 2025, marking a major shift in the country’s privatisation efforts and energy sector. …
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BusinessEconomyKenyaManufacturingMarkets
Shri Krishana Overseas Lists on NSE, Boosts Optimism in Kenya’s Capital Markets
Shri Krishana Overseas Ltd (SKL) has officially listed on the Nairobi Securities Exchange (NSE), becoming the latest addition to Kenya’s capital markets and signalling renewed investor confidence in the country’s …