Court grants order blocking EFCC from investigating firm linked to Nestoil Group

Nigeria, March 2 -- The Federal High Court of Nigeria, Abuja Division, has directed the Economic and Financial Crimes Commission (EFCC) to refrain from disrupting the operations of Jones Creek Hydroca... Read More

BUA Cement, Dangote Cement, NGX Group top stock pick this week

Nigeria, March 2 -- A good number of spectacular results and dividend declarations by mega-cap companies on the Nigerian Exchange last week shows the current uptrend in the market could last longer. ... Read More

Cement price hikes lift Dangote Cement's annual profit twofold to N1 trillion

Nigeria, March 1 -- Dangote Cement posted a twofold leap in net profit for 2025, compared to the preceding year, despite a decline in its trade volume as the industrial powerhouse capitalised on hikes... Read More

MTN Nigeria logs N1.1 trillion annual profit to end loss-making spell

Nigeria, Feb. 27 -- Wireless operator MTN Nigeria logged N1.1 trillion in post-tax profit for 2025 in breakaway from two years of sour fortune starting from 2023, during which stormy currency reforms ... Read More

Seplat's annual revenue leaps 150% to N4.1 trillion, but profit slightly grows

Nigeria, Feb. 27 -- Seplat Energy had little to show for an enormous surge in turnover in 2025, in terms of its impact on profit, as Nigeria's biggest oil & gas company by market value faced a storm o... Read More

Lafarge Africa's annual profit soars to all-time peak on volume growth

Nigeria, Feb. 27 -- Cement maker Lafarge Africa reported a surge of 172.7 per cent in net profit on Thursday, which took its earnings to the highest on record, as volume growth lifted top line. The c... Read More

NGX opens investigation into Zichis Agro-Allied after shares surged nine times in one month

Nigeria, Feb. 23 -- The Nigerian Exchange (NGX) is taking aim at Zichis Agro-Allied Industries Plc, its latest equity listing, and has barred further trading in the company's shares after findings sho... Read More

United Capital, Fidelity Bank, Cornerstone Insurance top stock pick this week

Nigeria, Feb. 23 -- Improved investor confidence helped Nigerian stocks record their biggest weekly gain this year last week when the benchmark equity index rose by 7 per cent, driven by a substantial... Read More

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

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