BUSINESS
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MTN posts N519 bn loss after tax in half-year report
MTN Nigeria Communications Plc has reported a loss after tax of N519.1 billion for the first half of 2024. This…
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Nigerian Breweries records 30% half-year revenue rise, posts N479.8bn
Nigerian Breweries Plc, Nigeria’s leading brewer, has declared a 34 per cent increase in its operating profit for the half-year…
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NGX: Investors lose N32bn amid selloffs
Stock market investors lost N32 billion on Wednesday, as bearish sentiment continued to dominate trading on the Nigerian Exchange Ltd.(NGX)…
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Customs beats target with 127% revenue rise
The Nigeria Customs Service (NCS) says it has recorded a 127 per cent increase in revenue in the first half…
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AIICO Insurance posts N12bn profit in 2023
AIICO Insurance Plc, has recorded a profit after tax of N12 billion for the financial year ended Dec. 31, 2023.…
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Seplat posts N244bn Half Year pre-tax profit
Seplat Energy Plc on Tuesday posted a pre-tax profit of N244 billion for the half year ended June 30, 2024.…
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NGX market capitalisation drops N171bn
The stock market capitalisation shed N171 billion or 0.31 per cent, closing at N55.545 trillion from an opening of N55.716…
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CBN guidelines: Nigerians throng banks to re-activate dormant accounts
Bank customers have thronged their banks to reactivate their dormant accounts in line with the Central Bank of Nigeria (CBN)…
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eFTD Africa set to launch 18,000 eco-friendly motorcycles
In a move towards sustainable transportation, eFTD Africa, an eco-friendly last-mile delivery company, has announced plans to revolutionise the logistics…
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AGOA Forum: SMEDAN to bridge gap between Nigeria, U.S. small businesses
The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), says its goal is to bridge the gap between Nigerian…
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