Company News

UAC of Nigeria posts N54.4 billion in Q2 revenue, on strong domestic sales

July 31, 2025

Seplat Energy posts N139.5 billion pre-tax profit in Q2 2025, declares US$4.6 cents dividend

July 31, 2025

Aradel upgrades Chairman’s annual pay to $68,750, reveals new sitting allowance and Directors’ fees

July 30, 2025

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Company News

All the latest Nigerian company news, market intelligence and analysis

GTB releases FY result for 2019, grows PBT by 7.5%

by Chike Olisah

March 3, 2020

Guaranty Trust Bank Plc (GTB) has released its audited financial statement for full-year December 31, 2019.

MTN Nigeria, MTN gives update on USSD charge controversy, MTN’s never-ending $2 billion tax case has a new court date , BREAKING: MTN unveil 5G Network in Nigeria , Vector, some Nigerians pick holes in MTN's data charges

MTN Nigeria: Sturdy operating performance buoys growth in Pre-tax Profit

by CSL Stockbrokers

March 3, 2020

MTN Nigeria's FY 2019 AUDITED numbers showed double-digit growth in Revenue, up 13% y/y to N1.16 trillion,

International Breweries Plc raises N165 billion, Rights Issue fully subscribed

by Chike Olisah

International Breweries Plc has achieved 100% subscription in its just-concluded Rights Issue.

Rajeev Suri to step down as Nokia’s CEO

by Chidinma Nwagbara

The Chief Executive Officer of Nokia, Rajeev Suri will vacate his position in the company in September 2020.

Why Nestle Nigeria’s return remains strong - EFG Hermes, Nestle Nigeria Plc appoints new Director, Nestle Plc: FY 2019 Revenue beats estimate; but profit underperforms, GTB, Zenith Bank, & Nestle emerge as Renaissance Capital’s top stock picks, Nestlé’s parent company acquires additional shares worth ₦300 million

Nestle Plc: FY 2019 Revenue beats estimate; but profit underperforms

by CSL Stockbrokers

Nestle Plc released its FY 2019 audited numbers where the company recorded a 6.7% y/y increase in Revenue to N284.0...

CBN says Dangote Refinery needs 70,000 workers

by Chidinma Nwagbara

The Dangote Refinery would lead to the employment of over 70,000 Nigerians when it finally starts operation.

Shell, NNPC lament Nigeria’s electricity deficit, Shell schedules maintenance of Bonga oilfield, maintenance to affect Nigeria’s oil production

Shell schedules Bonga oilfield’s maintenance

by Fakoyejo Olalekan

Nigeria’s oil production might be affected as Bonga oilfield, owned by Royal Dutch Shell, has been scheduled for maintenance.

Access Bank informs customers about changes to Forex requests

Access Bank will no longer accept cheques with logo of defunct Diamond Bank

by Emmanuel Abara Benson

Access Bank Plc has informed its customers that cheques bearing the logo of former Diamond Bank Plc will no longer be accepted by the...

Lafarge Africa provides grant for startups, Lafarge Africa’s latest earnings report reveals 8.5% decline in gross profit , Lafarge Africa gets new CFO one month after resignation of former finance director, Lafarge Plc reveals why it invited Italian man with Coronavirus to Nigeria, Lafarage Africa group Plc posts a revenue of N213 billion in 2019, profit up N17 billion, Lafarge moves to sell 35% shareholding in Continental Blue Investment Ghana Limited

Lafarge Plc reveals why it invited Italian man with Coronavirus to Nigeria

by Fakoyejo Olalekan

Lafarge Plc has disclosed the reason it invited the Italian, who was isolated for Coronavirus a day after coming into...

GTBank Sponsors 2020 Lagos International Polo Tournament, Buying opportunity as GTB share price falls to 2 year low, GTBank releases 2019 full year audited results, Guaranty Trust Bank Plc to consider a holding company structure, GTBank launches Beta Health, expands access to health insurance for low-income Nigerians

BankTech War: Segun Agbaje says GTBank not afraid of Fintech

by Fakoyejo Olalekan