UACN's acquisition of CHI Limited propels quarterly profit up by more than fourfold

Nigeria, April 29 -- UAC of Nigeria (UACN)'s buyout of rival Chivita|Hollandia (CHI Limited) last October helped deliver a 311.4 per cent profit rise for the post-consolidation entity in the first qua... Read More

United Capital's quarterly profit jumps 66% as revenue crosses N17 billion

Nigeria, April 28 -- United Capital Plc reported a 66.2 per cent leap in net profit in the first quarter of 2026, relative to the same period of 2025, the earnings report of the financial and investme... Read More

Africa Prudential, BUA Cement, Mutual Benefits top stock pick this week

Nigeria, April 27 -- Nigerian Stocks extended their gaining tempo for the fourth time in a row last week, adding 3.9 per cent, riding on the favourable investor sentiment that has kept trade bullish f... Read More

Nigerian Breweries quarterly profit up 26% on higher revenue, lower finance costs

Nigeria, April 24 -- Nigerian Breweries, the local unit of the world's second biggest brewer Heineken, logged a 25.6 per cent rise in first-quarter earnings on Thursday, relative to the corresponding ... Read More

Cost efficiency drives BUA Cement's quarterly profit 117% higher

Nigeria, April 24 -- BUA Cement more than doubled its net profit for the quarter to March, compared to a year ago, after putting a couple of cost management strategies to use. Post-tax profit soared ... Read More

UP-CLOSE: Key achievements, downsides of Nigeria's ex-finance minister, Wale Edun

Nigeria, April 23 -- Wale Edun, Nigeria's immediate past minister of finance and coordinating minister of the economy, who gave up his role on Tuesday, was essentially a corporate finance professional... Read More

Dangote Sugar plans N500 billion rights issue

Nigeria, April 20 -- Dangote Sugar has received shareholders' nod to raise half a trillion naira by way of rights issue, the sugar manufacturer stated in the outcome of its 20th annual general meeting... Read More

Sterling Bank, Mutual Benefits, NPF Microfinance Bank top stock pick this week

Nigeria, April 20 -- Nigerian stocks advanced strongly last, with the benchmark equity index rising by 6.6 per cent, driven by increased investors' interest in oil & gas stocks. The market has so far ... Read More

World Bank rolls out initiative to enhance water security for 1 billion people

Nigeria, April 16 -- The World Bank has closed ranks with multilateral development banks, development finance institutions, and strategic partners to roll out an initiative to improve water security f... Read More

Guinness Nigeria resumes dividend payment after almost four-year pause

Nigeria, April 15 -- Guinness Nigeria is returning to prioritisation of shareholder value after drawing a line under its heavy lossmaking between 2023 and 2024, and its financials regained resilience ... Read More

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