MTN Uganda has announced a strong financial performance in the first half of 2025, showing double-digit growth in revenue despite a dip in profit due to a significant one-off tax …
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BusinessCorporate EarningsFinanceInsuranceNewsNigeria
FBS Reinsurance Grows Insurance Revenue by 85% to N50.9bn in 2024
FBS Reinsurance Limited, an indigenous player in Nigeria’s insurance sector, has reported a strong financial performance for the 2024 financial year, with insurance revenue rising by 85 per cent to …
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BusinessEconomyFinance & ServicesInsuranceMarketsNews
Cornerstone Insurance Grows Profit by 87% in 2024.
Cornerstone Insurance Plc has posted a strong performance for the 2024 financial year, recording a profit after tax (PAT) of N25.89 billion, a massive jump of 87.11 per cent compared …
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BusinessBusiness InsightsDigital EconomyEconomyFinance & ServicesInsuranceNigeria
NEM Insurance Plc has made a major breakthrough in Nigeria’s
insurance industry by becoming the first non-life insurance company to cross the N100 billion mark in gross premium income. The achievement was revealed during the company’s 55th Annual General Meeting …
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Arts & CultureBusinessFinance & ServicesGOVERNMENTManufacturingMarketsNewsNigeriaTechnology
Berger Paints Declares N1.20 Dividend as Shareholders Hail Strong 2024 Performance
Shareholders of Berger Paints Nigeria Plc (BPN) have approved a total dividend payout of N1.20 per share for the 2024 financial year, signalling confidence in the company’s performance and leadership. …
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Banking, Finance & InvestmentEastern AfricaEconomyFinance & ServicesINVESTMENTKenyaNews
Standard Chartered Kenya Posts KSh20 Billion Profit Despite Drop in Assets
Standard Chartered Bank Kenya has reported a net profit of KSh20 billion for the 2024 financial year, showing a 45 percent increase compared to the KSh13.8 billion it made in …
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AfricaBusinessBusiness InsightsEconomyHealthcareMarketsNigeriaWestern Africa
Fidson Hits ₦44.64bn Market Capitalisation, Celebrates 30 Years with Record Growth
Fidson Healthcare Plc has reached a major milestone in its 30th anniversary year, hitting a market capitalisation of N44.64 billion as of April 2025. The indigenous pharmaceutical manufacturer also reported …
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BusinessBusiness InsightsEconomyEnergyFinance & ServicesMarketsNigeriaOil & Gas
TotalEnergies Declares N13.58bn Dividend Amid Shareholders’ Demand for Bonus Shares
otalEnergies Marketing Nigeria Plc has announced a total dividend payout of N13.58 billion for the 2024 financial year, even as shareholders continue to press the board to issue bonus shares—a …
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BusinessBusiness InsightsEconomyFinance & ServicesGOVERNMENTINVESTMENTMarketsNigeriaOil & Gas
CSCS Pays N8.8 Billion Dividend to Shareholders for 2024 Financial Year
The Central Securities Clearing System (CSCS) Plc has confirmed the payment of N8.8 billion to its shareholders as dividends for the 2024 financial year. The approval for the payment was …
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AfricaBusinessFinance & ServicesFintechGhanaINVESTMENTMarketsNigeriaPress ReleasesWestern Africa
VFD Group Declares N3.17bn Dividend, Bonus Shares as Profit Hits N11.3bn in 2024
Shareholders of VFD Group Plc have approved a total dividend payout of N3.17 billion, translating to N2.50 per share, following the company’s strong financial performance in 2024. The resolution was …