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Dangote Cement Revives London Listing With Plans for 10% Float in September

Dangote Cement Plc will pursue a secondary listing on the London Stock Exchange around September, selling about 10% of shares to overseas investors, Chairman...

Airtel Africa Profit Surges 147.15% on AI Spending as Customer Base Hits 183.5mn

Airtel Africa Plc has turned AI spending that strengthened efficiency into actual profit growth as the success of the telecommunications giant’s strategy contributed to...

Nigerian Corporate Debt Drops 14% as Rate Cuts Ease Interest Burden

Listed Nigerian firms have recorded a reduction in their borrowing costs following the Central Bank of Nigeria’s (CBN) decision to loosen the money supply,...

FirstHoldCo Profit Rockets 72% in Q1 as ROE Crushes Tier-One Field

FirstHoldco Plc delivered a masterclass performance in its first-quarter 2026 financials, recording a 72% year-on-year profit before tax (PBT) growth. Profit before tax (PBT) jumped...

Dangote Sugar Generates Profit From Core Operations Than Peer Rivals

The producer of the sweetener Dangote Sugar Refinery Plc has generated more profit from core business and converted sales into operating profit than any...

AXA Mansard Profit Slumps on N2.42bn Foreign Exchange Loss

AXA Mansard Insurance Plc has succumbed to foreign exchange losses on outstanding claims, cost pressures, and combined with global economic uncertainties as the insurer’s...

Nigeria Finance Chief Oyedele Rules Out Subsidies, Price Controls in Paris Investor Pitch

Nigeria’s new Finance Minister Taiwo Oyedele pledged to maintain his predecessor’s market reforms, ruling out a return to fuel subsidies or price controls while...

Citibank Nigeria Profit Climbs 52% to ₦218 Billion on Fair-Value Surge

Citibank Nigeria Ltd. reported a 52% surge in full-year 2025 profit after tax to ₦218.22 billion, driven primarily by explosive fair-value gains on financial...

AIICO Insurance Well Capitalised as Solvency Ratio Exceeds Regulatory Threshold

AIICO Insurance Plc solvency margin ratio has remained resilient in the face of macro uncertainties, exceeding the regulatory threshold as the lender continues to...

Dangote Refinery Ramps Up Refined Product Exports to Offshore Lome Hub

Exports of refined petroleum products from the Dangote Petroleum Refinery to the Offshore Lome ship-to-ship (STS) market have reached a six-month high. This surge comes...

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