Drug maker Fidson posts 28% jump in half-year profit

Nigeria, July 24 -- Pharmaceutical firm Fidson Healthcare, whose stock is up 99.6 per cent this year, enlarged net profit by 28.2 per cent in the year to June, relative to the same period of last year... Read More

Lower energy income leaves Transcorp's half-year profit 17% weaker

Nigeria, July 23 -- Weaker income from energy sent out, the top contributor to the revenue pool of Transnational Corporation of Nigeria (Transcorp), set in motion a slide of 16.6 per cent in its post-... Read More

Otedola buys N77.6 billion-worth of First HoldCo shares, taking stake near 22%

Nigeria, July 22 -- Femi Otedola, the chair of First HoldCo Plc, procured 706.1 million new shares in the banking group on Wednesday, a market disclosure said, taking his interest in the corporation t... Read More

Unilever Nigeria raises interim dividend fourfold amid slight increase in half-year profit

Nigeria, July 22 -- Unilever Nigeria chose to go lavish with shareholder rewards at half-year 2026, despite a paltry increase in the net profit for the period, rather than take the long view in reinve... Read More

UBA, Fidson, Wema top stock pick this week

Nigeria, July 20 -- Nigerian stocks depreciated slightly last week, shedding 0.1 per cent as profit-taking activities weighed on the market. Sell pressure on industrial goods stocks triggered the decl... Read More

Lasaco Assurance turns tide on half-year loss, helped by cost efficiency

Nigeria, July 18 -- Composite insurance underwriter Lasaco Assurance has turned the corner on the N731.5 million half-year loss it logged in the first six months of last year, which heralded its first... Read More

Airtel Africa secures legal authorisation over planned boost of future shareholder returns

Nigeria, July 16 -- Airtel Africa secured a key legal authorisation from a UK court for a capital reduction aimed at beefing up its distributable reserves for future shareholder returns, the London-ba... Read More

Climate tech overtakes fintech as Africa's top venture funding sector - Report

Nigeria, July 15 -- Climate tech, the field of technologies and solutions that are increasingly adapted to tackle the climate crisis, has emerged as Africa's top venture funding sector, confining fint... Read More

Zenith Bank, Unilever, BUA Cement top stock pick this week

Nigeria, July 13 -- The earnings' season is here once more, with the half-year period already gone past and the publication of corporate results set to commence any moment soon. The largely positive ... Read More

Emerald HoldCo makes N6.9 billion takeover bid for Beta Glass' minority shares

Nigeria, July 7 -- Emerald HoldCo B.V, the new majority owner of Beta Glass, has launched a mandatory takeover offer to acquire up to 11.74 million shares held by other shareholders of the glass conta... Read More

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