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Platts Naira-Denominated Refined Fuel Benchmarks Goes Live as West African Energy Trade Evolves

S&P Global Energy Platts launched a dedicated suite of West African refined petroleum product assessments expressed in Nigerian Naira. The move reflects the ongoing...

Nigeria Revenue Service Issues Landmark Guidelines for Cryptocurrency and Virtual Asset Taxation

The Nigeria Revenue Service (NRS) has released comprehensive administrative guidelines governing the taxation of virtual assets such as cryptocurrency, establishing a structured compliance framework...

Access Holdings Boosts Sustainability Funding to ₦4.8 Billion Amid Sectoral Climate Risks

Access Holdings Plc expanded its sustainability and ESG budgetary allocation to ₦4.8 billion for the 2025 financial year, up from ₦2.1 billion in 2024,...

Federal High Court Lagos Warns WEMPCO Executives of Possible Jail Over Contempt in ₦61.45bn UBA Debt Recovery Action

…Nine individuals tied to one of Nigeria's biggest indigenous steel-and-manufacturing conglomerate face possible committal to prison after allegedly defying a Federal High Court order...

Seplat Outpaces Aradel on Shareholder Returns as Minority Dilution Bites

Two of Nigeria's most-watched energy stocks delivered blowout half-year numbers in the last week of July, but only one of them delivered clean shareholder...

AXA Mansard Overcomes Macro Shocks as Revenue Rises 18.89%

AXA Mansard has reported a 18.89 percent increase in insurance revenues to N96.48 billion in the first six months of 2026, from N81.15 billion as...

Aradel Fixes Dollar-Denominated Severance Package for Retiring Board Members

Aradel Holdings Plc has submitted a corporate disclosure to the Nigerian Exchange (NGX) establishing formal severance benefit terms for its Non-Executive Directors, including board...

Mutual Benefit Assurance Profit Drops 15.87% Swallowed by Rising Claims

Mutual Benefit Assurance Plc is paying out more money in claims than it is receiving in premiums as the insurer’s profit dipped, and perhaps...

Non-Controlling Interests Absorb 19.5% of Aradel’s ₦191 Billion Net Earnings as Costs Weighs on Margins

Aradel Holdings Plc reported a massive expansion in top-line revenue for the first half (H1) of 2026, driven by the consolidation of newly acquired...

Nigerian Breweries Pre-Tax Profit Surges to ₦156.3 Billion as Deleveraging Slashes Finance Costs

Nigerian Breweries Plc reported an 18.2% surge in pre-tax profit to ₦156.3 billion for the first half of 2026, as top-line revenue expansion and...

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