Sterling Financial Holdings Company Plc has announced a 44.1 per cent rise in gross earnings to ₦341.7 billion for the nine months ending September 2025, compared to ₦237.2 billion recorded …
Financial Results
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BankingCapital MarketCorporate EarningsEconomyFinanceINVESTMENTNigeria
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Capital MarketCorporate EarningsDangote IndustriesManufacturing
Dangote Sugar Reduces Loss to ₦10.59bn, Records ₦626bn Revenue
Dangote Sugar Refinery Plc has posted a revenue of ₦626.24 billion for the nine months ended September 30, 2025, representing a 29 per cent increase from ₦484.43 billion recorded in …
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BusinessCapital MarketCorporate EarningsManufacturingNigeria
Nigerian Breweries Records N1.04tn Revenue in Nine Months, Posts 157% Profit Growth
Nigerian Breweries Plc has announced a Group Revenue of N1.04 trillion for the nine months ended September 30, 2025, representing a 48 per cent increase from the N703 billion recorded …
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BusinessCapital MarketCorporate EarningsEconomyManufacturingManufacturing & Consumer Goods
Guinness Nigeria Returns to Profit with N26.3bn Earnings in 15-Month Period
Guinness Nigeria Plc has bounced back to profitability, reporting a profit after tax of N26.3bn for the 15-month financial period ended September 30, 2025. The brewer made this known in …
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BusinessCorporate EarningsEconomyFinanceInsuranceNigeria
Regency Alliance Insurance Pays N3.14bn in Claims Despite Profit Decline
Regency Alliance Insurance Plc has reported a sharp increase in claims payment, rising by 242.59 per cent to N3.14 billion in the first half of 2025. The figure, contained in …
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AgricultureBusinessCorporate NewsEconomyFinance
BUA Foods Approves N13 Dividend for Shareholders After Strong 2024 Financial Performance
BUA Foods Plc has declared a dividend of N13 per share for its shareholders after the company’s 4th Annual General Meeting (AGM) held on Thursday at the Transcorp Hilton Hotel …
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AfricaBusinessEconomyFinanceInsuranceINVESTMENT
Africa Re Records $102m Profit as Premiums Grow 15% in First Half of 2025
The African Reinsurance Corporation has reported a strong financial performance for the first half of 2025, with Gross Written Premium rising by 15.31 per cent to $644.30 million, up from …
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African AffairsBankingBusinessCorporate GovernanceFinanceMarketsSouth AfricaStock Market
Standard Bank to See Leadership Change in 2027
Standard Bank Group, Africa’s biggest bank by assets, has confirmed that its Chief Executive Officer, Sim Tshabalala, and Chief Financial Officer, Arno Daehnke, will step down from their roles by …
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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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BusinessDigital EconomyEastern AfricaEthiopiaFinance & ServicesINVESTMENTKenyaKenya NewsSafaricomTelecommunications
Safaricom Makes History with Over $3 Billion Revenue, Eyes Bigger Growth in Ethiopia
Safaricom, the Nairobi-based telecoms and digital services provider, has made history as the first company in East Africa to surpass $3 billion in annual revenue. The firm’s financial results for …