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 …
The Director-General of the Bureau of Public Enterprises (BPE), Mr. Ayodeji Gbeleyi, has announced that 91 federal government-owned enterprises will be privatised or commercialised as part of ongoing reforms to …
The Nigerian Exchange Group Plc (NGX Group) recorded revenue of N24 billion in the 2024 financial year, boosted mainly by the recapitalisation of Nigerian banks and a series of high-profile …
Industrial & Medical Gases Nigeria Plc has announced the launch of a N6.39bn rights issue aimed at strengthening its market position and supporting ongoing expansion projects. In a statement issued …
Champion Breweries Plc has returned to profitability in the first half of 2025, posting a profit after tax of ₦2.29 billion. This marks a major turnaround from the ₦386.66 million …
Africa’s richest man, Aliko Dangote, has seen his personal fortune grow to $29.3 billion as of August 5, 2025, according to the Bloomberg Billionaires Index. This latest ranking places him …
Nigeria’s biggest bank by market value, Guaranty Trust Holding Company Plc (GTCO), is making bold moves to expand its international reach. The banking group has announced plans to list its …
Sterling Financial Holdings Company Plc (SFHC) has posted a remarkable 102% rise in its profit after tax for the 2024 financial year, recording ₦43.68 billion, up from ₦21.58 billion in …
Neimeth International Pharmaceuticals Plc has announced a major leap in its 2024 financial year performance, recording a 103 per cent increase in revenue. The development was revealed during the company’s …
Morison Industries Plc has reported a loss of N18.55 billion for the first quarter ended March 31, 2025, an improvement from the N28.46 billion loss it recorded in the same …