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 …
NIGERIAN STOCK EXCHANGE
-
BusinessCorporate EarningsEconomyManufacturingMarkets
-
BusinessCapital MarketEconomyFinance & ServicesManufacturingOil & Gas
Aliko Dangote’s Wealth Hits $29.3bn, Now 72nd Richest Person Globally – Bloomberg
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 …
-
Banking, Finance & InvestmentEconomyFinance & ServicesINVESTMENTNigeria
Sterling Financial Holdings Grows Profit by 102%, Declares ₦43.68bn
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 …
-
BusinessEconomyFinance & ServicesGOVERNMENTHealthcare
Neimeth Grows Revenue by 103%, Shareholders Commend Turnaround at 66th AGM
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 …
-
BusinessEconomyFinance & ServicesManufacturingMarketsNigeria
Morison Industries Cuts Loss to N18.55bn in Q1 2025
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 …
-
Business and EconomyEconomyFinance & ServicesINVESTMENTMarketsNigeria
Nigerian Stock Market Soars with N1.16tn Gain as Investors Position Ahead of Eid-el-Kabir
The Nigerian equities market closed on a high note on Thursday as investors celebrated a massive ₦1.16 trillion gain in market capitalisation, the largest single-day profit recorded in recent weeks. …
-
BusinessEconomyFinance & ServicesMarketsOil & Gas
Nigerian Equities Market Hits ₦71 Trillion as Oando, 30 Stocks Drive Gains Amid Oil & Gas Sector Slump
The Nigerian equities market extended its bullish rally on Tuesday as the overall market capitalisation crossed the ₦71 trillion mark, driven by strong performances from Oando Plc and 30 other …
-
AgricultureBusinessEconomyINVESTMENTMarketsNigeria
Honeywell Flour Bounces Back with N14.6bn Profit After Last Year’s N10bn Loss
Honeywell Flour Mills Plc has shocked investors and the market by bouncing back into profit, posting a strong N14.6 billion profit after tax for the financial year ended March 31, …
-
Banking, Finance & InvestmentEconomyFinance & ServicesINVESTMENTMarketsNigeria
Nigerian Stock Market Hits New Heights as Investor Confidence Soars, Adds ₦1.7 Trillion in One Week
The Nigerian equities market continued its impressive rally last week, gaining ₦1.7 trillion in market capitalisation as renewed investor confidence and solid macroeconomic fundamentals fueled strong buying activity. The market’s …