Business

Vitafoam Nigeria Grows Nine-Month Profit by 45% as Revenue Tops N91.2 Billion

Vitafoam Nigeria Grows Nine-Month Profit by 45% as Revenue Tops N91.2 Billion

Vitafoam Nigeria Plc delivered a strong financial performance for the nine months ended June 30, 2026 with revenue and profit…
Seplat Energy to Sell 10% JV Stake to NNPC for $281.6 Million, Plans Special Dividend

Seplat Energy to Sell 10% JV Stake to NNPC for $281.6 Million, Plans Special Dividend

Seplat Energy Plc has signed a binding agreement to sell a 10 percent working interest in its joint venture with…
Dangote Cement Grows H1 Profit by 23% as Revenue Tops N2.5 Trillion

Dangote Cement Grows H1 Profit by 23% as Revenue Tops N2.5 Trillion

Dangote Cement Plc delivered a strong financial performance in the first half (H1) of 2026, reporting double-digit growth in revenue,…
Africa Prudential Grows H1 Profit by 18% as Revenue Climbs 27%

Africa Prudential Grows H1 Profit by 18% as Revenue Climbs 27%

Africa Prudential Plc delivered a strong financial performance in the first half of 2026, reporting double-digit growth in revenue and…
CAP Grows H1 Profit by 16% as Revenue Climbs to N22.41 Billion

CAP Grows H1 Profit by 16% as Revenue Climbs to N22.41 Billion

Chemical and Allied Products (CAP) Plc delivered a stronger financial performance in the first half of 2026 with double-digit growth…
Cash Returns to Banks as Currency Outside Financial System Drops to N4.92 Trillion

Cash Returns to Banks as Currency Outside Financial System Drops to N4.92 Trillion

is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst with over 20…
NGX Gains 0.30% as Insurance Stocks Extend Market Rally Despite Lower Turnover

NGX Gains 0.30% as Insurance Stocks Extend Market Rally Despite Lower Turnover

The Nigerian Exchange (NGX) closed higher on Tuesday as investors rotated into insurance stocks while maintaining significant positions in financial…
Brent Oil Climbs Above $87 on Escalating Geopolitical Risks

Brent Oil Climbs Above $87 on Escalating Geopolitical Risks

Global oil prices climbed sharply on Wednesday as renewed geopolitical tensions in the Middle East and a larger-than-expected decline in…
Nigeria Must Accelerate Oil Asset Development to Meet 2030 Production Goal, SPE Says

Nigeria Must Accelerate Oil Asset Development to Meet 2030 Production Goal, SPE Says

Nigeria’s ambition to raise crude oil production to 3 million barrels per day by 2030 will depend on how quickly…
Black Market Dollar to Naira Exchange Rate for Today, Wednesday, July 29, 2026

Black Market Dollar to Naira Exchange Rate for Today, Wednesday, July 29, 2026

is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst with over 20…
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