Company News

Jumia Technologies AG, the leading e-commerce platform in Africa, announced plans on Tuesday to raise EUR 244 million ($268 million)...

Nigerian neobank, Kuda, recorded a net loss of $32 million in 2022 according to its latest financial report filed in...

Julius Berger published its 2024 second-quarter results, revealing a pre-tax profit of N8.3 billion. 

Dangote Sugar posted a pre-tax loss of N104.6 billion in the second quarter of 2024, marking a 110% year-on-year decline...

MTN Group has announced the appointment of MTN Nigeria’s Chief Technical Officer, Mohammed Rufai, as the Chief Executive Officer of...

AIICO Insurance released its 2024 second quarter results, showing pre-tax profit increased 121.55% year-over-year from 6.3 billion reported in 2023. 

The Group CEO of FCMB Group, Ladi Balogun has stated that only about 10% of the bank’s foreign exchange gains...

Wema Bank Plc has reported its Q2 2024 results showing pre-tax profits grew by 270.71% year on year to N19.416...

Lafarge Africa reported an increase in pre-tax profit for Q2 of 2024 at 37.9 billion, representing a 15.66% year-over-year rise. 

Presco Plc has reported a pre-tax profit of N20.781 billion for Q2 ending June 30, 2024, representing a 159.77% year-on-year...