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Zenith Bank's half-year profit falls 19% amid shrinking revenue

Nigeria, Oct. 10 -- Zenith Bank logged a 19.1 per cent slide in net profit for the first half of 2026, relative to a year ago, its latest audited earnings report showed. This marks the second time in... Read More


Zenith, Fidson, NEM top stock pick this week

Nigeria, Oct. 5 -- Nigerian stocks slightly depreciated last week, sliding by 0.5 per cent as sell pressure on bank equities weighed on the main stock index. All but the insurance index dropped out o... Read More


Why my grandson doesn't want to work with me yet - Dangote

Nigeria, Sept. 30 -- The president of Dangote Industries Limited, Aliko Dangote, has revealed that his first grandson is not currently interested in taking up a role in the family business because he ... Read More


Tinubu's reforms have put Nigerian economy on path of sustainable growth - Otedola

Nigeria, Sept. 29 -- Billionaire tycoon and chairman of First HoldCo Plc, Femi Otedola, has lauded a series of reforms introduced by President Bola Tinubu to accelerate economic growth in the country.... Read More


UACN, HBM Nigeria, GTCO top stock pick this week

Nigeria, Sept. 28 -- Nigerian stocks appreciated for the second straight week last week, adding 0.9 per cent as increased demand for oil & gas stocks and bank equities boosted gains. Year to date, th... Read More


Access Bank Kenya's assets, liabilities to be transferred to National Bank of Kenya

Nigeria, Sept. 24 -- The Central Bank of Kenya has announced the transfer of the entire assets and liabilities of Access Bank (Kenya) Plc to National Bank of Kenya Limited as part of a business combin... Read More


MPR cut is positive for markets, analysts say

Nigeria, Sept. 24 -- The decision by Nigeria's monetary authority on Tuesday to cut the reference rate by up to 350 basis points could have a broadly positive impact, according to analysts. "I actual... Read More


Rate cut positive for markets, analysts say

Nigeria, Sept. 24 -- The decision by Nigeria's monetary authority on Tuesday to cut the reference rate by up to 350 basis points could have a broadly positive impact, according to analysts. "I actual... Read More


Nascon, Coronation, Jaiz Bank top stock pick this week

Nigeria, Sept. 21 -- Nigerian stocks advanced by 2.9 per cent last week, lifted by bank and oil & gas equities. All the sector indexes appreciated during the week. The main equity index has yielded 6... Read More


Dangote Refinery to double workforce in expansion push

Nigeria, Sept. 18 -- Dangote Petroleum Refinery and Petrochemicals FZE plans to double its labour force to meet its target of doubling its processing capacity by 2029. "Well, within the refinery, the... Read More