COMPANY NEWS

Total breaks N500 in August, ascends by 19.68% from July’s close 

MTN Nigeria to save N100 billion annually from renegotiated Tower Leases

Airtel Africa to commence the second tranche of its share buyback program worth $50 million, states reason 

Union Bank records 138% profit growth for 2023 as restructuring plans continue

Standard Bank Group plans to increase 67.55% stake in Nigeria’s Stanbic IBTC Holdings

Fidelity Bank “surpasses target”, raises over N127.1 billion in first phase of recapitalization effort  

Access Holdings rights issue extended to August 23 

Zenith Bank promises higher dividend payout, as it gears for oversubscription in its N290 billion capital raise 

Dangote Refinery insists NUPRC not enforcing Petroleum Act on crude supply to local refineries  

Airtel buys back 406,000 more of its own shares as second-quarter pre-tax profit soars by 133.6%