Nigeria, Aug. 15 -- Palm oil giant Presco has said a takeover of local oil palm business Saro Oil Palm Limited is on the cards. The move follows a phased acquisition last year of Ghana Oil Palm Devel... Read More
Nigeria, Aug. 13 -- Friday's announcement of the emergence of T2 as the new brand and corporate identity of 9mobile leaves in its trail a legacy of turbulent operations and ownership struggles reachin... Read More
Nigeria, Aug. 13 -- Oando Plc will head to the market any moment soon to raise half a trillion naira in fresh equity capital as part of a broader effort to reinvigorate operations after liabilities ju... Read More
Nigeria, Aug. 11 -- Insurance stocks are the rave of the moment. The completion of a radical revamp of the sector, leading last week to the Nigerian Insurance Industry Reform Act, is profoundly boosti... Read More
Nigeria, Aug. 9 -- Nigerian insurance stocks swept to their highest level on Friday since the official record began after the adoption of new laws for the industry this week. PREMIUM TIMES observed t... Read More
Nigeria, Aug. 5 -- Ecobank Transnational Incorporated agreed to offload its stake in its subsidiary in Mozambique to FDH Bank Plc, a lender based in Malawi and listed on the local bourse, the pan-Afri... Read More
Nigeria, Aug. 4 -- Nigerian stocks recorded one of its sharpest weekly gains last week, adding 5.1 per cent, largely supported by strong half-year corporate results, which helped create positive senti... Read More
Nigeria, July 31 -- Financial services group First HoldCo witnessed a 20.7 per cent slide in net profit to N289.8 billion for the first half of the year, compared to the same period of 2024 as bottom ... Read More
Nigeria, July 31 -- Financial services group First HoldCo witnessed a 20.7 per cent slide in net profit to N289.8 billion for the first half of the year, compared to the same period of 2024 as bottom ... Read More
Nigeria, July 31 -- UAC of Nigeria announced in a statement on Wednesday that it reached an agreement to take over Chivita/Hollandia (Chi Limited) from Coca-Cola Company Limited. Chi Limited is a lea... Read More