Business

Vitafoam Profit Jumps 47% to N21.31 Billion as Revenue Hits N117.36 Billion

Vitafoam Profit Jumps 47% to N21.31 Billion as Revenue Hits N117.36 Billion

Vitafoam Nigeria Plc has reported a 46.6% increase in profit after tax to N21.31 billion for the financial year ended…
Julius Berger Profit Drops 44% to N10.19 Billion Despite Revenue Growth to N657.15 Billion

Julius Berger Profit Drops 44% to N10.19 Billion Despite Revenue Growth to N657.15 Billion

Julius Berger Nigeria Plc has reported a 44.2% decline in profit after tax from N18.25 billion recorded in the first…
Chemical and Allied Products Records N4.13 Billion Profit in Nine Months

Chemical and Allied Products Records N4.13 Billion Profit in Nine Months

Chemical and Allied Products (CAP) Plc has reported a 12.5% increase in profit after tax to N4.13 billion for the…
Nigerian Breweries Profit Rises 33% to N114.1 Billion as Revenue Hits N1.1 Trillion

Nigerian Breweries Profit Rises 33% to N114.1 Billion as Revenue Hits N1.1 Trillion

Nigerian Breweries Plc has reported a 33.4% increase in profit after tax to N114.1 billion for the nine months ended…
Brent Crude Oil Rises to $115 as Saudi Refinery Attack Sparks Supply Fears

Brent Crude Oil Rises to $115 as Saudi Refinery Attack Sparks Supply Fears

Brent crude oil prices climbed above $115 per barrel on Wednesday as renewed tensions in the Middle East raised concerns…
Dollar to Naira Today: Black Market Exchange Rate — Wednesday, October 28, 2026

Dollar to Naira Today: Black Market Exchange Rate — Wednesday, October 28, 2026

The Dollar to Naira exchange rate in Nigeria’s black market stood at approximately N1,375 for buying and N1,390 for selling…
United Capital Profit Surges 65% to N34.83 Billion as Gross Earnings Hit N62.47 Billion

United Capital Profit Surges 65% to N34.83 Billion as Gross Earnings Hit N62.47 Billion

United Capital Plc has reported a 64.5% increase in profit after tax to N34.83 billion for the nine months ended…
Dangote Cement Profit Rises 31% to Record N974.8 Billion as Revenue Hits N3.77 Trillion

Dangote Cement Profit Rises 31% to Record N974.8 Billion as Revenue Hits N3.77 Trillion

Dangote Cement Plc has reported a 31.2% increase in profit after tax to a record N974.8 billion for the nine…
Dangote Refinery IPO Attracts N6.4 Trillion in Investor Orders, Exceeds Target Threefold

Dangote Refinery IPO Attracts N6.4 Trillion in Investor Orders, Exceeds Target Threefold

Dangote Petroleum Refinery’s $1.6 billion initial public offering (IPO) has reportedly attracted investor orders worth approximately N6.4 trillion ($4.78 billion),…
Gold Price Falls to $4,030 as Rising Oil Prices Fuel US Inflation Fears

Gold Price Falls to $4,030 as Rising Oil Prices Fuel US Inflation Fears

Gold prices declined on Wednesday as rising crude oil prices heightened concerns about inflation in the United States, prompting investors…
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