Company News
All the latest Nigerian company news, market intelligence and analysis
Transcorp Hotels lifts Q2 profit by 38% to N6 billion on soaring room bookings, food sales, others
Transcorp Hotels Plc has published its financial results for the second quarter of 2025, posting a pre-tax profit of N6.07 billion,...
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Fidelity Bank empowers SMEs with Business Management Systems
Small and Medium Enterprises (SMEs) have been encouraged to adopt digital tools to enhance their operations and drive sustainable growth....
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BUA Cement reports 510.6% surge in Q2 profit as cement sales hit N289 billion, posts FX gain
BUA Cement Plc reported a pre-tax profit of N115.06 billion for the second quarter ended June 30, 2025, marking a...
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Dangote Cement reports Q2 2025 pre-tax profit of N418 billion, up 230% year-on-year
Dangote Cement Plc has released its financial report for the second quarter ended June 30, 2025, reporting a pre-tax profit...
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Aliko Dangote steps down as Chairman of Dangote Cement Plc, Ikazoboh takes over
Africa’s richest man and founder of Dangote Cement Plc, Aliko Dangote, has announced his retirement as a Director and the...
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Access Bank acquires 76% stake in AfrAsia Bank to deepen international footprint
Access Bank Plc, through its wholly owned subsidiary Access Bank UK Limited, has finalized the acquisition of a 76% majority...
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Guinness brews N13.5 billion profit in quarter ended June as revenue hits N118.6 billion, trims FX losses
Guinness Nigeria Plc has reported a pre-tax profit of N13.5 billion for the quarter ended June 30, 2025, marking a...
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Aradel Holdings appoints Augustine Olorunsola as Interim Board Chairman — Meet him
Aradel Holdings Plc has announced the appointment of Mr. Augustine (Osten) Olorunsola as Interim Chairman of its Board, effective July...
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Abia Govt secures $263.8 million from AfDB, IsDB for road, erosion, and waste management projects
The Abia State Government has secured a $263.8 million financing package from the African Development Bank (AfDB), the Islamic Development...
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NIPC and Nairametrics partner to track and publish investment inflow into Nigeria
The Nigerian Investment Promotion Commission (NIPC) has entered into a strategic partnership with Nairametrics, Nigeria’s leading business intelligence and analytics...
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