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MTN Nigeria Vs Airtel Africa: Battle for Market Share Heightens

MTN Nigeria and Airtel Africa are the two largest telecommunications companies in the country, and their stocks have delivered exceptional returns to long-term investors....

Dangote Refinery Refutes Alleged Claims on PMS Export and Re-importation

The Management of Dangote Petroleum Refinery and Petrochemicals has noted with concern the circulation of unfounded and misleading claims suggesting that its petroleum products...

Underperforming NGX Blue Chips Set Up Tactical Reversal Play as H1 Nears End

As the Nigerian Exchange heads into the final full trading week of the first half of 2026, a sharp divergence has emerged within its...

Aradel Q1 Profit Doubles to ₦66B as Non-Controlling Interests Swallow 45% of Income

...Naira Volatility Hits with ₦234B Forex Translation Hit under OCI Aradel Holdings Plc, Nigeria's freshly enlarged integrated independent energy champion, delivered a mixed financial scorecard...

Nestlé, Dangote Sugar Lean Heavily on Debt as High-Rates Test Consumer-Goods Balance Sheets

Nigerian consumer-goods companies are facing a sharper solvency spotlight as two laggards—Nestlé Nigeria Plc and Dangote Sugar Plc—report debt-to-capital ratios far above the sector...

Regency Alliance to Raise N3.04bn Through Rights Issue

Regency Alliance Insurance Plc is planning on raising N3.04 billion through a rights issue to accelerate its digital transformation, and enhance claims efficiency. Existing shareholders...

Aradel Profit Swells 192% on Transformational Nigeria M&A Deals, Proposes ₦23 Final Dividend

Aradel Holdings Plc, Nigeria’s leading integrated indigenous energy company, reported a 192% surge in full-year net income after pulling off a series of landmark...

NGX Overhauls Equity Pricing Rules, Unlocking Price Discovery for Heavyweight Stocks

The Nigerian Exchange Limited (NGX) has proposed a revision to its equity pricing microstructure, replacing the previous uniform 100,000-unit volume requirement for price movement...

Fortis Global Insurance to Strengthen Capital Structure With Share Reconstruction

Fortis Global Insurance Plc has received approval from the regulator to reconstruct its share capital as part of the insurer’s strategic plans to reshape...

Nigeria Tax Revenue Jumps 49% to ₦15.8 Trillion on Sweeping Overhaul, Oil Windfalls

Nigeria's revenue surged 49% in the first five months of the year, exceeding government projections as an overhaul of the tax system and new...

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