Nigeria, May 12 -- Fairly strong first-quarter results continued to power upbeat sentiments among investors in Nigerian stocks as the main equity index advanced for the third straight last week, with ... Read More
Nigeria, May 8 -- Airtel Africa plotted its way back to profitability as it turned $328 million in net profit for the last financial year, not so much by expanding revenue as by cutting down the weigh... Read More
Nigeria, May 8 -- ExxonMobil is raring to complete the process that will formalise a new $1.5 billion deepwater investment in Nigeria, and so has arranged for a final investment decision (FID) to be m... Read More
Nigeria, May 6 -- The chief executive of United Bank for Africa (UBA), Oliver Alawuba, and three other directors at the financial institution purchased shares cumulatively worth N658 million in variou... Read More
Nigeria, May 5 -- The Special Adviser to President Bola Tinubu on Information and Strategy, Bayo Onanuga, has faulted the claim by Akinwunmi Adesina, the president of the African Development Bank (AfD... Read More
Nigeria, May 5 -- Nigeria stocks advanced by 0.3 per cent this week, riding on the generally positive first-quarter earnings reports of quoted companies to boost sentiment. It marked the second consec... Read More
Nigeria, May 1 -- First quarter profits at Access Holdings, Nigeria's biggest public company by assets, increased by 14.7 per cent year on year, a sharp slide from a growth rate of 121.8 per cent achi... Read More
Nigeria, April 30 -- A 50 per cent tariff increase in February helped boost MTN Nigeria's first-quarter profit by 134 per cent as the company gradually eases its way out of a financial distress trigge... Read More
Nigeria, April 30 -- United Capital Plc's net profit for the three months to March increased 64.3 per cent compared to the figure reported a year earlier, with higher income from its asset management ... Read More
Nigeria, April 30 -- Transcorp Hotels saw after-tax profit inch up by just 0.6 per cent year on year in the first quarter amid escalating operating costs, its unaudited accounts published on Tuesday s... Read More