Nigeria’s listed insurance companies are having their best run in years – here’s why it matters
Nigeria’s top listed insurance firms are in the middle of what could be described as their most profitable period in...
Geregu Power reports N13 billion Q2 2025 profit, up 61% YoY, beats Q2 forecast
Geregu Power Plc has released its unaudited interim financial statements for the second quarter ended June 30, 2025, reporting a...
GTCO targets East Asia expansion, no plans for US
Guaranty Trust Holding Company (GTCO) is turning its gaze eastward and not toward Wall Street. Fresh off its dual listing...
GTCO targets 15% dividend yield, 25% ROE after landmark London listing
Guaranty Trust Holding Company (GTCO) is targeting a minimum dividend yield of 15% and a return on equity (ROE) of...
Ten best performing NGX stocks in the first half of 2025
The Nigerian Exchange (NGX) posted a moderate 16.57% year-to-date return in the first half of 2025; a slower pace compared...
Gold Rush: Nigeria is in the middle of a commercial paper boom
Nigeria’s financial landscape has witnessed a notable shift in corporate financing patterns, with Commercial Papers (CPs) emerging as a preferred...
Conoil Q1 2025: Borrowing surge collapses profit, debt now exceeds equity
There was no FX loss. No surge in operating costs. Yet, Conoil’s Q1 2025 pre-tax profit collapsed by 93% to...
SEC tenure rule: Panic grips capital market operators
A new directive from the Securities and Exchange Commission (SEC) imposing tenure limits on directors of capital market operators has...
Fitch: Bank loans to government, high CRR put Nigerian Banks at risk
Fitch Ratings has warned that Nigerian banks face rising risks due to their heavy exposure to government debt and burdensome...
FirstHoldCo assures to comply with CBN regulatory issues and pay dividend this year
FirstHoldCo Plc has assured of its commitment to comply with the Central Bank of Nigeria’s (CBN) prudential regulations, including resolving...
