The Nigerian Exchange Limited has taken another step to expand Nigeria’s capital market by introducing Commercial Paper listings, a move expected to deepen the country’s short-term debt segment and provide …
Tag:
corporate finance
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BusinessCorporate EarningsEconomyFinancial InclusionFood ProductionManufacturingMarkets
Nestlé Nigeria Returns to Profit with N39.6bn Pre-Tax Earnings in Q3 2025 After 2024 Loss
Nestlé Nigeria Plc has bounced back to profitability in the third quarter of 2025, recording a pre-tax profit of N39.6 billion, marking a sharp turnaround from the N2.9 billion loss …
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BusinessCapital MarketCorporate ServicesEconomyFinanceINVESTMENTNigeriaTelecommunications
Airtel Africa Returns $34.7m to Shareholders Through Ongoing Share Buyback
Airtel Africa Plc has returned a total of $34.7 million to its shareholders after repurchasing 14.2 million shares under its ongoing share buyback programme. The telecoms and mobile money services …
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Business and EconomyFinance & ServicesWestern Africa
DealMakers AFRICA Recognizes Top Mergers, Acquisitions, and Dealmakers in West Africa
West Africa’s most significant mergers and acquisitions, along with the financial and legal advisers behind them, have been recognised in the recently released 2024 DealMakers AFRICA Annual Awards. The awards …
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AfricaBanking, Finance & InvestmentBusinessFinance & ServicesMarketsNigeriaWestern Africa
First HoldCo Rights Issue Records 25% Oversubscription, Signals Investor Confidence
In a major show of investor confidence, First Bank Holdings Plc (First HoldCo) has announced a 25% oversubscription in its recently concluded rights issue, underscoring strong market appetite for its …