Section

COMPANY NEWS

All the latest Nigerian company news, market intelligence and analysis

Companies 1 min
MTN Nigeria to save N100 billion annually from renegotiated Tower Leases
By Chike Olisah
Companies 1 min
Airtel Africa to commence the second tranche of its share buyback program worth $50 million, states reason 
By Izuchukwu Okoye
Company News 1 min
Union Bank records 138% profit growth for 2023 as restructuring plans continue
By David Olujinmi
Company News 1 min
Standard Bank Group plans to increase 67.55% stake in Nigeria’s Stanbic IBTC Holdings
By David Olujinmi

More Stories

Bank Recapitalization

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

Access Holdings Offer

Access Holdings rights issue extended to August 23 

Bank Recapitalization

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

Company News

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

Company News

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

Companies

MTN Nigeria renegotiates tower lease agreements with IHS and ATC, cuts dollar component 

Companies

Jumia unveils EUR 244 million Rights Issue to boost expansion 

Company News

Kuda posted $32 million loss in 2022 amid increase in revenue, customer base  

Company News

Julius Berger’s pre-tax profit climbs by 12.08% in the second quarter of 2024 

Company News

Dangote Sugar posts N104.6 billion pre-tax loss in second quarter of 2024, amidst 140% rise in raw materials cost