Business

Vitafoam Declares ₦3 Dividend, Approves Bonus Shares at 64th AGM

Vitafoam Declares ₦3 Dividend, Approves Bonus Shares at 64th AGM

Shareholders of Vitafoam Nigeria Plc have approved a dividend of ₦3.00 per share for the financial year ended September 30,…
Petrol Hits ₦1,175 Per Litre as Dangote Refinery Raises Gantry Price Again

Petrol Hits ₦1,175 Per Litre as Dangote Refinery Raises Gantry Price Again

Petrol prices in Nigeria have climbed further after the Dangote Petroleum Refinery increased the gantry price of Premium Motor Spirit…
Dangote Sugar Refinery Narrows Loss to N64.1 Billion as Revenue Climbs to N829.2 Billion in FY2025

Dangote Sugar Refinery Narrows Loss to N64.1 Billion as Revenue Climbs to N829.2 Billion in FY2025

Dangote Sugar Refinery Plc reported a significant improvement in its 2025 financial performance despite remaining in negative territory as rising…
Dangote Unveils Plans to Enter Steel, Power and Port Development

Dangote Unveils Plans to Enter Steel, Power and Port Development

Aliko Dangote has outlined a new expansion strategy that will take the Dangote Group into steel manufacturing, electricity generation and…
Gold Prices Fall as Stronger Dollar Dims Rate-Cut Expectations

Gold Prices Fall as Stronger Dollar Dims Rate-Cut Expectations

Gold prices declined on Monday as a stronger U.S. dollar and rising Treasury yields reduced the appeal of the precious…
Oil Prices Surge Above $115 as Middle East Conflict Sparks Supply Fears

Oil Prices Surge Above $115 as Middle East Conflict Sparks Supply Fears

Global oil prices surged sharply on Monday as escalating geopolitical tensions in the Middle East triggered widespread concerns about supply…
Stock Market Gains 1,010.23 Points as Market Capitalisation Expands by ₦648 Billion

Stock Market Gains 1,010.23 Points as Market Capitalisation Expands by ₦648 Billion

The Nigerian stock market rebounded strongly on Thursday, March 12, 2026, to reverse the previous session’s mild decline as renewed…
Stock Market Declines 167.58 Points as Market Capitalisation Falls by ₦108 Billion

Stock Market Declines 167.58 Points as Market Capitalisation Falls by ₦108 Billion

The Nigerian stock market extended its mild corrective phase on Wednesday, March 12, 2026, as profit-taking in high-cap industrial and…
BUA Cement Profit Surges 382% to ₦356.04bn as Revenue Climbs to ₦1.18tn

BUA Cement Profit Surges 382% to ₦356.04bn as Revenue Climbs to ₦1.18tn

BUA Cement Plc reported a profit after tax of ₦356.04 billion for the year ended December 31, 2025, representing a…
Black Market Dollar to Naira Exchange Rate Today, Friday, March 13th 2026

Black Market Dollar to Naira Exchange Rate Today, Friday, March 13th 2026

The Dollar to Naira black market exchange rate recorded a slight adjustment on Friday, March 13th 2026, as demand and…
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