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CATEGORY

Companies

Access Bank Sells 25% Stake in Money-Losing South Africa Unit to Meet BEE Rules

Access Bank Plc offloaded a 25% plus one-share stake in its South African subsidiary to a Black Economic Empowerment (B-BBEE) consortium, complying with local...

Access Holdings Delivers Over ₦1 Trillion PBT, Signals Strategic Shift from Scale to Value

Access Holdings Plc has reported audited results for the financial year ended December 31, 2025, which marks a significant turning point in its corporate...

Dangote Refinery Raises Petrol Price by N75, to N1,275 Per Litre

The Dangote Refinery has increased its ex-depot price of Premium Motor Spirit by N75 per litre, deepening concerns over a fresh round of fuel...

Custodian Investment Boosts Q1 Profit Despite Macro Economic Turbulence

Despite a volatile macroeconomic landscape, Custodian Investment is thriving as the investment holding company posted record profit, a stellar performance that underscores the resilience...

United Capital Q1 Profits Jump 66% on Massive Equity Gains

United Capital Plc, has delivered a high-performance start to 2026, reporting a 66.21% spike in Profit After Tax (PAT), which was boosted by a...

GTBank Ex-Manager Faces Court Over Alleged GH¢12M Client Account Theft

Christopher Arthur, a former relationship manager at Guaranty Trust Bank (GTBank) Ghana's Haatso branch, faces charges in an Accra Circuit Court for allegedly stealing...

FCT High Court Dismisses FHT Mega Express Suit Against Parallex Bank, Awards Cost of N500,000 Against Company in Favour of the Bank

The Federal Capital Territory High Court has dismissed in its entirety the suit filed by the logistics firm, FHT Mega Express Limited against Parallex Bank Limited...

Transcorp Group Maintains Strong Profitability in Q1, 2026 Amid Challenging Environment

Transnational Corporation Plc (Transcorp Group) profit growth remained strong in the First Quarter (Q1) 2026 period, supported by operational efficiency and strategic positioning as...

Resilience Amid Disruptions: Transcorp Power Nets ₦29.7bn Profit Despite Grid Vandalism

Transcorp Power Plc (NGX: TRANSPOWER) reported a resilient first quarter for 2026, navigating a "perfect storm" of gas constraints and severe transmission infrastructure vandalism. While...

Dangote Pledges to Help Build 650,000 bpd Refinery in Tanzania

Aliko Dangote, Africa’s richest man, pledged to help East African nations build a new oil refinery in Tanzania, as the war in Iran exposes...

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