Nigeria, Nov. 5 -- Tony Elumelu played a supreme role in getting investment bank Afrinvest back on track in 2011 after the global financial meltdown pushed the investment bank to the brink, its chief ... Read More
Nigeria, Nov. 3 -- Access Holdings saw its net profit for the year to September drop 5.9 per cent, compared to the same period last year, hammered by soaring cost of funds, even though revenue came ou... Read More
Nigeria, Nov. 2 -- Investment firm VFD Group, which focuses on growth-oriented companies rather than value companies in investing shareholders' funds, was just a breath away from doubling its net prof... Read More
Nigeria, Nov. 2 -- Nigerian stocks recovered lost ground last week, advancing 2.9 per cent to offset the slip recorded in the penultimate week. The jump rode on positive market sentiment around third... Read More
Nigeria, Oct. 30 -- Dangote Cement reported a 31.2 per cent surge in net profit for the nine months to September, compared to the same period last year, driven by a considerable increase in sales, acc... Read More
Nigeria, Oct. 30 -- Seplat Energy has made a new oil find in commercial quantities through its Aku-01 exploration in onshore Imo State under Oil Mining Lease (OML) 53. The accidental discovery was no... Read More
Nigeria, Oct. 28 -- Transnational Corporation Plc (Transcorp) logged a 17.9 per cent fall in net profit for the first nine months of the year as revenue and other income took a hit, while the group in... Read More
Nigeria, Oct. 28 -- The Economic and Financial Crimes Commission (EFCC) intervention in the debt settlement dispute between local energy firm Nestoil Limited and a consortium of lenders has yielded fu... Read More
Nigeria, Oct. 27 -- Guaranty Trust Holding Company (GTCO) reported a 12.2 per cent decline in net profit for the nine months to September, compared to the corresponding period of last year, as mountin... Read More
Nigeria, Oct. 26 -- Nigerian stocks slightly depreciated last week, declining by 0.1 per cent amid profit-taking activities across all sectors except industrial goods. The Insurance Index and the Oil... Read More