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UBA, Mutual Benefits, Unilever top stock pick this week

Nigeria, Jan. 26 -- Last week, Nigerian stocks recorded their first weekly loss of the year as the benchmark share index slightly fell by 0.4 per cent. Profit taking in consumer goods and bank stocks ... Read More


Unilever's annual profit hits record N31 billion amid sales growth

Nigeria, Jan. 23 -- Consumer goods manufacturer Unilever Nigeria Plc more than doubled its net profit for 2025 to N30.7 billion, its peak level ever, aided by a reasonable leap in revenue, according t... Read More


GTCO raises N10 billion through private placement

Nigeria, Jan. 23 -- Guaranty Trust Holding Company (GTCO) said it has allotted 125 million ordinary shares worth N10 billion in respect of the private placement held by the financial services group in... Read More


Seplat's ANOH gas project commences gas supply

Nigeria, Jan. 21 -- Seplat Energy Plc has announced that its ANOH gas project, a 300 million standard cubic feet per day (mmscfd) midstream gas processing plant located in Imo State, has commenced gas... Read More


Geregu Power's annual profit drops 1% to N27.3 billion

Nigeria, Jan. 19 -- Geregu Power Plc posted a 0.6 per cent drop in net profit to N27.3 billion for the full year 2025, compared to the previous year, according to its audited financial report issued o... Read More


Geregu Power plans N22.5 billion dividend

Nigeria, Jan. 17 -- Geregu Power Plc has recommended the payment of a dividend of N9 per share for the 2025 financial year, subject to the approval of shareholders at the next annual general meeting. ... Read More


More details of Heirs Energies' huge stake in Seplat emerge

Nigeria, Jan. 14 -- Seplat Energy Plc has revealed more details of Heirs Energies Limited's acquisition of a 20.07 per cent holding in the oil and gas company. Heirs Energies, which is chaired by Ton... Read More


UBA, Mutual Benefits, Lafarge Africa top stock pick this week

Nigeria, Jan. 12 -- Nigerian stocks sustained its strong start to the year last week as the main equity index added 3.7 per cent, driven by gains from industrial goods and oil & gas equities. All the ... Read More


First HoldCo appoints new board members across subsidiaries

Nigeria, Jan. 11 -- First HoldCo Plc has announced the appointment of new members to the boards of directors of some of its subsidiaries. The financial services group stated in a regulatory filing th... Read More


Oyedele reacts to KPMG's review of Nigeria's tax laws

Nigeria, Jan. 10 -- The chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has faulted the concerns raised by KPMG about Nigeria's new tax laws, saying the bulk of th... Read More