Business

Abia Govt completes acquisition of Afro Beverages from AMCON 

Abia Govt completes acquisition of Afro Beverages from AMCON 

The Abia State Government has finalised the acquisition of Afro Beverages from the Asset Management Corporation of Nigeria (AMCON), marking…
Nigerians react as FAAN cashless rollout causes gridlock, missed flights 

Nigerians react as FAAN cashless rollout causes gridlock, missed flights 

The Federal Airports Authority of Nigeria (FAAN) rolled out its nationwide cashless policy at all FAAN-managed airports on Sunday, March…
Exchange rate disparity widens on speculation, dollar supply constraints

Exchange rate disparity widens on speculation, dollar supply constraints

Exchange rate disparity between the official and parallel markets has widened amid rising speculative activity and dollar supply constraints in…
Zichis reports N364.2 million FY2025 profit, proposes dividend 

Zichis reports N364.2 million FY2025 profit, proposes dividend 

Zichis Agro-Allied Industries Plc has released its audited financial statements, reporting a pre-tax profit of N364.21 million for the year ended…
NGX Group Reports ₦15.6 Billion FY 2025 Profit, Declares ₦3.00 FY Dividend and 1-for-3 Bonus Issue

NGX Group Reports ₦15.6 Billion FY 2025 Profit, Declares ₦3.00 FY Dividend and 1-for-3 Bonus Issue

Nigerian Exchange Group Plc (“NGX Group” or “the Group”) reported audited results for the year ended 31 December 2025, posting…
MTN Group projects fourfold jump in earnings in Nigeria, Ghana rebound 

MTN Group projects fourfold jump in earnings in Nigeria, Ghana rebound 

Africa’s largest mobile network operator, MTN Group Ltd., has projected that its full-year earnings will more than quadruple, buoyed by…
Adamawa Governor Fintiri defects to APC from PDP

Adamawa Governor Fintiri defects to APC from PDP

The Governor of Adamawa State, Umaru Fintiri, has formally defected from the Peoples Democratic Party (PDP) to the ruling All…
Oil tankers avoid Hormuz Strait after US, Israel strikes on Iran

Oil tankers avoid Hormuz Strait after US, Israel strikes on Iran

Oil and gas tankers are increasingly avoiding the Strait of Hormuz following US and Israeli strikes on Iran, with several…
All-Share Index declines for fourth straight trading day, loses 193,000-mark 

All-Share Index declines for fourth straight trading day, loses 193,000-mark 

The Nigerian All-Share Index extended its losing streak to a fourth consecutive session, declining by 0.38% to close at 192,826.8…
Netflix exits Warner Bros bid as Paramount wins  

Netflix exits Warner Bros bid as Paramount wins  

Paramount Skydance has emerged victorious in the high-stakes contest to acquire Warner Bros Discovery, after Netflix declined to raise its offer and formally walked away from…
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