Investment

AFC Appoints Ireti Samuel-Ogbu as Chair Amid Record Growth and Strategic Shift

AFC Appoints Ireti Samuel-Ogbu as Chair Amid Record Growth and Strategic Shift

The Africa Finance Corporation (AFC) has appointed Ireti Samuel-Ogbu as Chair of its Board of Directors, marking a significant leadership… Read More

13 hours ago

Dangote Cement profit jumps 86% to ₦209bn on strong domestic performance

Dangote Cement Plc reported an 86% year-on-year increase in group profit to ₦209.2bn for the first quarter of 2025, buoyed… Read More

1 day ago

Transcorp Power Plc Profit Soars 62% in Post-Listing Momentum Surge

In its first full quarter as a publicly listed company, Transcorp Power Plc delivered a performance that signals growing investor… Read More

2 days ago

Nigerian Equities Continue Upward Climb as System Liquidity Eases: ASI Hits 105,283.67

According to the Cowry Asset Management Daily Market Insight, the Nigerian equities market extended its recent rally on Wednesday, with… Read More

3 days ago

UBA Q1 2025: Profit Rises to ₦189.8 Billion, Operating Income Up 23% to ₦464.2 Billion on FX and Fees

United Bank for Africa (UBA) reported a 33% year-on-year rise in net profit to ₦189.8 billion in the first quarter… Read More

3 days ago

Google Launches Applications For 2025 Startups Accelerator Africa Program for AI-Driven Innovation

Google has announced the opening of applications for its 2025 Google for Startups Accelerator Africa program, a three-month initiative aimed… Read More

1 week ago

Prada Acquires Versace in 1.25 Billion Euro Deal to Challenge Luxury Giants

Italian powerhouse Prada has acquired rival Versace from Capri Holdings for 1.25 billion euros ($1.39 billion). Announced on Thursday, this… Read More

2 weeks ago

Nigeria’s Diaspora Remittances Surge to $20.93 Billion, FDI Drops 42% in 2024

In 2024, Nigeria’s diaspora remittances soared to an impressive $20.93 billion, reflecting an 8.9% increase from the previous year, according… Read More

2 weeks ago

VFD Group Announces N2.50K Final Dividend and 5-for-1 Bonus Issue for 2024

VFD Group PLC, Nigeria’s leading proprietary investment company, has announced a final dividend of N2.50 per share for the financial… Read More

3 weeks ago

Fidson Healthcare proposes ₦1.00 final dividend as pharmaceutical firm signals stable performance

Fidson Healthcare PLC, one of Nigeria’s prominent pharmaceutical manufacturers, has proposed a final dividend of ₦1.00 per 50 kobo share… Read More

3 weeks ago