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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


Wema, Mutual Benefits, Presco top stock pick this week

Nigeria, Feb. 2 -- Nigerian stocks slightly depreciated by 0.1 per cent last week, driven by profit taking in bank stocks. That leaves the year-to-date yield of the main equity index at 6.3 per cent. ... Read More


First HoldCo's impairment charge jumped 75% in 2025

Nigeria, Feb. 1 -- First Holdco Plc recorded a 75.5 per cent surge in impaired credit provision in 2025, compared to 2024, according to its unaudited financial statements issued on Friday, causing the... Read More


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