Business

BUA Foods Reports 95% Profit Growth in FY 2025 as Revenue Hits ₦1.77 Trillion

BUA Foods Reports 95% Profit Growth in FY 2025 as Revenue Hits ₦1.77 Trillion

BUA Foods Plc reported a strong financial performance for the year ended December 31, 2025 with profit after tax rising…
$40 Smartphones May Strain Nigeria’s Network Capacity Despite Rising Connectivity Push

$40 Smartphones May Strain Nigeria’s Network Capacity Despite Rising Connectivity Push

A new initiative by the GSMA and the Handset Affordability Coalition to introduce $40 4G smartphones across Africa is expected…
UAC of Nigeria Proposes ₦1.00 Dividend, Sets June 26 Payment Date

UAC of Nigeria Proposes ₦1.00 Dividend, Sets June 26 Payment Date

UAC of Nigeria Plc has proposed a final dividend of ₦1.00 per ordinary share of 50 kobo for the financial…
Nigerian Stock Market Declines as ASI Drops by 0.21% to 200,484.43

Nigerian Stock Market Declines as ASI Drops by 0.21% to 200,484.43

The Nigerian Exchange Limited (NGX) closed lower on Monday as the All-Share Index (ASI) declined by 0.21 percent from 200,913.06…
VFD Group Approves 2025 Audited Results, Proposes ₦0.25 Dividend

VFD Group Approves 2025 Audited Results, Proposes ₦0.25 Dividend

VFD Group Plc has approved its audited financial statements for the year ended December 31, 2025, alongside a proposed dividend…
Oando Signs PSC for Angola’s Block KON 13, Expands Upstream Footprint

Oando Signs PSC for Angola’s Block KON 13, Expands Upstream Footprint

Oando Plc has executed a Production Sharing Contract (PSC) for Block KON 13 in Angola to further expand its upstream…
LIRS Shifts Tax Filing Deadline from March 31 to April 14, 2026

LIRS Shifts Tax Filing Deadline from March 31 to April 14, 2026

The Lagos State Internal Revenue Service (LIRS) has extended the deadline for filing individual annual tax returns by two weeks,…
Black Market Dollar to Naira Exchange Rate Today, Tuesday, March 31st 2026

Black Market Dollar to Naira Exchange Rate Today, Tuesday, March 31st 2026

The Dollar to Naira black market exchange rate declined on Tuesday, March 31st 2026, as improved short-term dollar supply eased…
Truecaller Surpasses 500 Million Users Globally, Targets 1 Billion Milestone

Truecaller Surpasses 500 Million Users Globally, Targets 1 Billion Milestone

Truecaller has surpassed 500 million users worldwide, a major milestone in its expansion as a global platform for safe and…
Nigeria Aims to Connect 5.2 Million to Electricity Through $750m Renewable Energy Programme

Nigeria Aims to Connect 5.2 Million to Electricity Through $750m Renewable Energy Programme

Nigeria is targeting the connection of 5.2 million people to electricity by June 2026 under a $750 million renewable energy…
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