Unilever Nigeria Plc has posted a profit after tax of N5.6 billion for the first quarter ended March 31, 2025, showing a 65 per cent increase from N3.4 billion recorded …
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NIGERIAN EXCHANGE
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AfricaBusinessBusiness InsightsHealthcareManufacturingMarketsNewsNigeria
Neimeth Grows Q1 2025 Profit by 49%, Eyes Return to Dividend Payments
Neimeth International Pharmaceuticals Plc has recorded a 49 per cent rise in profit after tax in the first quarter of 2025, showing a promising turnaround for the company as it …
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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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Finance & ServicesManufacturing & Consumer GoodsMarketsNigeria
Nestle, Honeywell, Beta Glass Lead as NGX Gains N257bn on Renewed Investor Interest
The Nigerian Exchange Limited (NGX) recorded a bullish session on Thursday, gaining N257 billion in market capitalisation as investors showed strong interest in consumer goods and industrial stocks, with Nestle …
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Banking, Finance & InvestmentBusinessEconomyINVESTMENTMarketsNigeria
Fidelity Bank Rejoins N1tn Club as Investors Regain Confidence
Fidelity Bank Plc has returned to the elite group of Nigerian companies with a market capitalisation of over N1 trillion. This came after the bank’s share price rose by 5.3 …
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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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BusinessBusiness InsightsBusiness PoliciesDangote IndustriesEconomyFinance & ServicesManufacturingManufacturing & Consumer GoodsMarketsNigeriaWestern Africa
Manufacturers Count N1.91bn FX Loss in Q1 2025 Amid Currency Volatility
Nigeria’s manufacturing sector continues to feel the pinch of unstable foreign exchange rates, as top firms recorded a combined N1.91 billion forex loss in the first quarter of 2025. This …
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AfricaBanking, Finance & InvestmentEconomyFinance & ServicesGOVERNMENTINVESTMENTMarketsNigeriaPolicies
FG Opens May 2025 Savings Bond Window for Retail Investors
The Federal Government of Nigeria, through the Debt Management Office (DMO), has launched a new round of the Federal Government of Nigeria (FGN) Savings Bond for the month of May …
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Banking, Finance & InvestmentBusinessBusiness InsightsBusiness PoliciesEconomyINVESTMENTMarketsNigeriaPolicies
Wema Bank Grows Profit by 270%, Posts N35.8bn in Q1 2025 Amid Strong Interest Income and Cost Control
Wema Bank Plc has reported a strong profit performance in the first quarter of 2025, with profit after tax jumping by 270 per cent to N35.8 billion. This figure is …
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Banking, Finance & InvestmentBusinessBusiness InsightsEconomyMarketsNigeria
Access Holdings Records N182.8bn Profit in Q1 2025 Despite Fair Value Losses
Access Holdings Plc has posted a profit after tax of ₦182.8 billion for the first quarter of 2025, reflecting a 14.7 percent increase compared to the ₦159.3 billion reported in …