United Bank for Africa Plc (UBA) has announced its financial performance for the first half of 2025, showing a profit after tax of N335.53bn. This represents a 6.06 per cent …
NIGERIAN EXCHANGE
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BankingBusinessCapital MarketCorporate EarningsEconomyFinance
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BankingBusinessEconomyFinanceINVESTMENTStock Market
Nigerian Stock Market Loses N71bn as NGX Records Decline in Bellwether Stocks
The Nigerian Exchange (NGX) closed Tuesday’s trading session on a negative note, as the equities market lost about N71 billion in market capitalisation, driven largely by sell-offs in key bellwether …
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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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BusinessCapital MarketEconomyFinanceRegulationTechnology
CSCS to Host Webinar Ahead of Nigeria’s Transition to T+2 Settlement Cycle
The Central Securities Clearing System Plc (CSCS) has announced plans to host a major webinar as part of industry-wide sensitisation on Nigeria’s transition to the T+2 Settlement cycle for equities …
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BusinessCorporate EarningsEconomyFinanceManufacturingNigeriaStock Market
Cutix Plc Profit Falls 81% in Q1 2025 Despite Rising Assets
Cutix Plc, a Nigerian cable manufacturing company listed on the Nigerian Exchange, has reported a sharp decline in profit for the first quarter of its 2025 financial year. The company’s …
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BusinessCapital MarketEconomyInternational RelationsTrade
NGX Boss Highlights Nigeria-Brazil Capital Market Opportunities During Tinubu’s Visit
The Group Managing Director and Chief Executive Officer of Nigerian Exchange Group (NGX Group), Mr. Temi Popoola, has said that capital markets will play a central role in boosting trade …
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BusinessCorporate GovernanceEconomyFinancial InclusionNigeriaStock Market
Access Holdings Announces Resignation of Roosevelt Ogbonna from Board
Access Holdings Plc has announced the resignation of one of its non-executive directors, Mr. Roosevelt Ogbonna, after three and a half years of service on its board. The notice, which …
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BankingBusinessCapital MarketEconomyFinancial InclusionINVESTMENT
Wema Bank Surpasses Recapitalisation Target with N157bn Rights Issue
Wema Bank Plc has announced that it has successfully exceeded its recapitalisation target after raising N157bn through the first phase of its capital-raising exercise. The funds were secured from a …
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AgricultureBusinessCorporate EarningsEconomyManufacturingMarkets
Presco Plc Grows Profit to ₦88.72bn in H1 2025, Records 128% Surge
Presco Plc, one of Nigeria’s major palm oil producers, has reported a strong financial performance for the first half of 2025, posting a profit after tax of ₦88.72 billion. This …
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BusinessCorporate NewsEconomyFinanceInfrastructureNigeria
Julius Berger Nigeria Grows Revenue to N343.4bn in H1 2025
Construction giant Julius Berger Nigeria Plc has reported a revenue of N343.4 billion for the first half of 2025, showing a 41 per cent rise compared to the N243.8 billion …