MTN strikes deal to acquire IHS Towers for $6.2 billion

Nigeria, Feb. 18 -- MTN Group has reached a formal understanding with IHS Towers, the long-standing provider of its tower infrastructure, regarding its proposal to acquire all the shares held by other... Read More

Guinness Nigeria reports N41.2 billion profit as sales more than double

Nigeria, Feb. 18 -- Tolaram-backed Guinness Nigeria booked N41.2 billion in post-tax profit for the eighteen-month ended December 2025, its audited corporate results issued on Tuesday showed, supporte... Read More

INTERVIEW: How we used smart tech to reduce trucking time at Lagos ports - TTP's CEO

Nigeria, Feb. 17 -- Managing Nigeria's port delays and traffic which for years have had dire implications for trade, investment, competitiveness, supply chain efficiency as well as haulage and input c... Read More

Access Holdings, AIICO, Transcorp top stock picks this week

Nigeria, Feb. 16 -- Nigerian stocks reported strong gains last week on the back of increased investors' interest in oil & gas and industrial goods stocks, and improved positive sentiment in the market... Read More

Aradel, Lafarge Africa, FCMB Group top stock pick this week

Nigeria, Feb. 9 -- Last week, Nigerian stocks posted their strongest weekly gain this year as positive market sentiments built on broadly impressive corporate results. Save for the insurance index, a... Read More

BUA Cement kicks off POP plasterboard production at Port Harcourt plant

Nigeria, Feb. 6 -- BUA Cement has begun the manufacturing of POP gypsum plasterboards at its Port Harcourt factory, barely a year after operations started at the 2,400-ton per day plant. "Production ... Read More

Lafarge Africa's planned 5 mt capacity upgrade lifts shares for first time in days

Nigeria, Feb. 5 -- Lafarge Africa's announcement on Wednesday of an aspiration to raise the capacity of two of its factories to 5.5 metric tonnes per annum caused its shares, which have been stuck at ... Read More

Aradel's annual profit jumps to record N401 billion

Nigeria, Feb. 4 -- Early gains from Aradel Holdings' purchase of an additional 40 per cent stake in oil driller ND Western at the tail end of 2025 delivered the income that helped the energy company r... Read More

Lasaco Assurance slumps into annual loss as FX gains fade out

Nigeria, Feb. 3 -- Lasaco Assurance fell into lossmaking position in 2025 as the significant foreign exchange gains that boosted profit the year before faded out, and insurance service result turned n... Read More

Access Bank gets new chairperson

Nigeria, Feb. 3 -- Access Bank Plc, the commercial banking division of financial services group Access Holdings, has appointed Ifeyinwa Osime as the chair of its board of directors. Mrs Osime's appoi... Read More

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