Nigeria, May 22 -- Mutual Benefits Assurance reported on Friday a 45 per cent increase in net profit for the 2025 financial year, receiving a major boost from its insurance business. Shares in the in... Read More
Nigeria, May 21 -- Femi Otedola, the chairman and biggest shareholder of financial services group First HoldCo Plc, hopes to invest $100 million in the proposed private placement of Dangote Petroleum ... Read More
Nigeria, May 18 -- Nigerian stocks continued their upward trajectory last week as the benchmark index expanded by 2.3 per cent, taking the year-to-date yield of the market to 60.9 per cent. Industrial... Read More
Nigeria, May 16 -- Jaiz Bank, Nigeria's pioneer non-interest bank, logged a 28.4 per cent surge in net profit for last year, compared to 2024, on the back of a notable increase in revenue, its audited... Read More
Nigeria, May 16 -- Sterling Financial Holdings reported a 74.8 per cent increase in net profit for 2025, compared to the preceding year, amid improvement across the group's key revenue streams, accord... Read More
Nigeria, May 14 -- Femi Otedola, the chair of the financial services group First HoldCo Plc, has purchased new shares valued at N43.4 billion in the banking group, according to a regulatory filing at ... Read More
Nigeria, May 12 -- Fidelity Bank recorded a 45.6 per cent surge in revenue for last year, compared to 2024, as the financial institution witnessed reasonable growth across its key income streams. The... Read More
Nigeria, May 11 -- Nigerian stocks advanced further last week, adding 1 per cent on the back of increased demand for Industrial Goods shares. The benchmark equity interest has returned 57.3 per cent,... Read More
Nigeria, May 8 -- Airtel Africa posted a 147.4 per cent jump in net profit last year, compared to 2024, boosted by a notable improvement in turnover, the telecommunications giant reported on Friday. ... Read More
Nigeria, May 4 -- The Nigerian economy is turning the tide and is back on the path of growth after years of being constrained by fiscal crises, external shocks, policy missteps and missed opportunitie... Read More