IHS Holding rakes in $268 million in 3 months from Nigeria, cites tariff hikes, stronger naira
IHS Nigeria generated $268 million in revenue in the third quarter of 2025, accounting for nearly 59% of IHS Holding’s total revenue...
2025 9 Months: BUA Cement’s profit triples to N290bn despite rising energy costs
BUA Cement Plc has posted a strong set of unaudited results for the nine months ended September 30, 2025, buoyed...
Airtel Africa reports $376m half-year profit as data and fintech growth drive margins
Airtel Africa Plc has reported a significant jump in profitability for the half year ended 30 September 2025, as higher...
2025 9 Months: Dangote Cement posts record N743bn profit despite flat volumes
Dangote Cement Plc (DANGCEM) has reported a strong nine-month result for the period ended September 30, 2025, supported by higher...
NEXIM Bank reports PAT of N30.4 billion in 2024
The Nigerian Export-Import Bank (NEXIM) spent a staggering N3.9 billion on staff travel in 2024, representing an increase of over...
Scammers using AI to fake celebrity endorsements – SEC Warns
The Securities and Exchange Commission (SEC) has raised alarm over the rising wave of Artificial Intelligence (AI)-driven scams.
NCAA considers China’s COMAC C919 aircraft for domestic airlines
Nigeria’s civil aviation regulator is considering certifying China’s C919 aircraft for use by domestic carriers.
Fitch upgrades Nigeria’s rating to Stable, cites confidence in Tinubu’s policy reforms
Fitch Ratings has upgraded Nigeria’s outlook to Stable from Negative, highlighting renewed confidence in the Tinubu administration’s commitment to far-reaching...
China’s currency hits 16-month low ahead of Trump’s inauguration
The Chinese Yuan weakened to a 16-month low on Wednesday, just ahead of the inauguration of US President-elect Donald Trump....
OPEC appoints Nigeria’s Adeyemi-Bero as Board of Governors’ Chairman
The Organization of the Petroleum Exporting Countries (OPEC) has appointed Nigerian Mr Ademola Adeyemi-Bero as Chairman of the Board of...
