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PZ Cussons' annual profit quickens by 298% as asset disposal boosts earnings

Nigeria, July 4 -- PZ Cussons Nigeria attributed its robust profit growth for the year ended 31 May 2026 to proceeds from asset disposal rather than to its regular sources of income that had shaped it... और पढ़ें


Supreme Court overturns Appeal Court's order confiscating General Hydrocarbon's oil vessel

Nigeria, July 3 -- The Supreme Court of Nigeria on Friday dismissed a decision of the Court of Appeal ordering the seizure of FPSO Tamara Tokoni, a vessel containing crude oil pledged by oil-servicing... और पढ़ें


Firm linked to Otudeko's Honeywell Group buys 14% stake in Ikeja Hotel

Nigeria, July 3 -- HGL Real Estate Limited, a company with no significant digital presence, linked to billionaire tycoon Oba Otudeko, has acquired a 14.1 per cent stake in Lagos-listed hospitality pro... और पढ़ें


Galloping costs spur 49.2% drop in Universal Insurance's annual profit

Nigeria, June 30 -- Mounting costs across key expenditure categories set Universal Insurance up for a sharp slide in profit for last year, its management report released on Tuesday has shown. The non... और पढ़ें


UBA, Transcorp, United Capital top stock pick this week

Nigeria, June 29 -- For the second week running last week, Nigerian stocks retreated, in this case by 1.7 per cent, as sell pressure on industrial goods and oil & gas equities weighed on the benchmark... और पढ़ें


Cornerstone Insurance's 2025's profit drops more than half as FX gains dry up

Nigeria, June 26 -- Cornerstone Insurance's profit for last year dropped by more than half, relative to 2024's level, hammered by an end to a windfall income that naira devaluation handed lenders and ... और पढ़ें


Fidson, Africa Prudential, Access Holdings top stock pick this week

Nigeria, June 22 -- Last week, the Nigerian stock market witnessed one of its sharpest declines so far this year, depreciating by 3.6 per cent as sell-offs in bank stocks hammered the benchmark equity... और पढ़ें


#EkitiDecides2026: Gov Sani hails election as transparent amid vote-buying allegations

Nigeria, June 20 -- Governor Uba Sani of Kaduna State has hailed the ongoing gubernatorial polls in Ekiti State as "transparent" and "very peaceful," despite claims of vote-buying in some locations in... और पढ़ें


Otedola acquires N29.6 billion shares in First HoldCo, taking his stake to 20.4%

Nigeria, June 19 -- Billionaire tycoon Femi Otedola has acquired 672.9 million new shares in financial services group First HoldCo Plc, taking his interest in the group to 20.4 per cent. Mr Otedola e... और पढ़ें


Premier Paints' new core investor, Xenergi, launches a tender offer for minority shares

Nigeria, June 17 -- The new core investor of Premier Paints, Xenergi Limited, has launched a tender offer for 2 million ordinary shares (representing a 1.6 per cent equity interest) in the company, th... और पढ़ें