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Transcorp raises annual dividend twofold as profit reaches all-time peak

Nigeria, April 10 -- Transcorp Corporation is doling out two times the dividend it paid out for 2024 as compensation package for shareholders for the 2025 financial year during which net profit climbe... Read More


DN Tyre & Rubber, Greif Nigeria delisted from Nigerian Exchange

Nigeria, April 9 -- The Nigerian Exchange Limited (NGX) has shown DN Tyre & Rubber, marketer of Dunlop tyres in Nigeria, and Greif Nigeria the exit door, following a regulatory review that revealed bo... Read More


Zenith Bank's annual profit improves slightly as lender plans twofold dividend increase

Nigeria, April 7 -- Zenith Bank reported only a slight rise in net profit and revenue for 2025 as interest income, its principal income source, grew at its slowest pace since 2021 while trading gains,... Read More


AIICO, Ikeja Hotel, Fidson top stock picks this week

Nigeria, April 7 -- Last week, the Nigerian equity market ran limited trading sessions as the country observed Friday as a public holiday in commemoration of this year's Good Friday. Index movement wa... Read More


Flutterwave gains Nigerian banking licence to run microfinance services

Nigeria, April 3 -- Africa's payments giant Flutterwave has received regulatory approval in Nigeria, where its operational headquarters are located, to operate a microfinance unit. The move will enab... Read More


GTCO reports N865.75 billion in profits, down 15% in 2025

Nigeria, April 1 -- Guaranty Trust Holding Company (GTCO) saw its 2025 earnings drop by 14.9 per cent in a year when other income shrank, and weak revenue growth could not shield profit from the impac... Read More


Berger Paints plans 25% increase in final dividends as yearly profit rises

Nigeria, April 1 -- Berger Paints is scaling up final dividends for 2025 in mark of a hugely rewarding year, when post-tax profit touched a record and leapt by 147.7 per cent to N1.6 billion, compared... Read More


Coronation Insurance, MTN Nigeria, C & I Leasing top stock pick this week

Nigeria, March 30 -- Nigerian stocks paused their run of gains last week, dipping by 0.12 per cent as profit-taking in banking stocks weighed on market performance. That is no reason for concern thoug... Read More


Paint-maker CAP Plc reports 51% jump in annual profit to record N5.7 billion

Nigeria, March 27 -- CAP Plc, the paint-making subsidiary of UAC of Nigeria Plc, posted a 50.9 per cent increase in post-tax profit for 2025 in comparison to the preceding year, with turnover rising b... Read More


106 London properties linked to Access Holdings ex-CEO Wigwe

Nigeria, March 27 -- The man, who powered the big push that made Access Holdings West Africa's top banking institution and one of the biggest on the continent, owned 106 properties in London, which ar... Read More