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Otedola's shareholding in First HoldCo rises to 18%

Nigeria, Jan. 31 -- Femi Otedola, the Chairperson of First HoldCo Plc, has raised his stake in the financial services group to 18.1 per cent, according its unaudited financial report for 2025 released... Read More


Okomu Oil's annual profit leaps 64% to N198 billion

Nigeria, Jan. 31 -- Okomu Oil Palm Company recorded a 63.6 per cent improvement in net profit last year, compared to 2024, helped by a surge in domestic sales, according to its latest unaudited earnin... Read More


Airtel Africa's nine-month profit more than doubles as data revenue lifts turnover

Nigeria, Jan. 31 -- Wireless operator Airtel Africa more than doubled its post-tax profit for the nine months to December 2025 to $586 million in reported currency on the back of a sizeable increase i... Read More


Fidson reports 61% jump in annual profit amid prescription drug boom

Nigeria, Jan. 30 -- Drug maker Fidson Healthcare posted a 61.1 per cent surge in net profit last year, compared to 2024, according to i unaudited financials released on Thursday, lifted by Nigeria's f... Read More


FCMB Group's annual profit surges amid jump in interest income

Nigeria, Jan. 30 -- FCMB Group posted a dramatic rise in earnings for 2025, with net profit increasing by 141.2 per cent, helped by a remarkable growth in interest income, its principal revenue source... Read More


UBA, Mutual Benefits, Unilever top stock pick this week

Nigeria, Jan. 26 -- Last week, Nigerian stocks recorded their first weekly loss of the year as the benchmark share index slightly fell by 0.4 per cent. Profit taking in consumer goods and bank stocks ... Read More


Unilever's annual profit hits record N31 billion amid sales growth

Nigeria, Jan. 23 -- Consumer goods manufacturer Unilever Nigeria Plc more than doubled its net profit for 2025 to N30.7 billion, its peak level ever, aided by a reasonable leap in revenue, according t... Read More


GTCO raises N10 billion through private placement

Nigeria, Jan. 23 -- Guaranty Trust Holding Company (GTCO) said it has allotted 125 million ordinary shares worth N10 billion in respect of the private placement held by the financial services group in... Read More


Seplat's ANOH gas project commences gas supply

Nigeria, Jan. 21 -- Seplat Energy Plc has announced that its ANOH gas project, a 300 million standard cubic feet per day (mmscfd) midstream gas processing plant located in Imo State, has commenced gas... Read More


Geregu Power's annual profit drops 1% to N27.3 billion

Nigeria, Jan. 19 -- Geregu Power Plc posted a 0.6 per cent drop in net profit to N27.3 billion for the full year 2025, compared to the previous year, according to its audited financial report issued o... Read More