Custodian Investment Plc has achieved a historic milestone, reporting its highest profit in a decade. The Nigerian investment giant saw its after-tax profit skyrocket by an impressive 278.8%, reaching...
Key Highlights: 1. Leadership Transition • Dinesh Balsingh has been appointed as the new Managing Director and Chief Executive Officer (CEO) of Airtel Nigeria. • This transition follows the end of...
Key Highlights:MicroStrategy, the largest corporate Bitcoin holder, revealed a $5.4 billion cryptocurrency purchase, sparking initial gains but leading to a stock decline by market close.The company h...
Investors are ramping up bets that Trump 2.0 will loosen the federal government’s grip over mortgage giants Freddie Mac (FMCC) and Fannie Mae (FNMA), ending one of the oldest fights on Wall Street.T...
Revenue: $35.08 billion (+94% YoY), beating analyst expectations of $33.29 billion.Earnings Per Share (EPS): $0.81 adjusted, surpassing the $0.75 estimate.Net Income: $19.31 billion, mo...
Detailed Breakdown:The Central Bank of Nigeria (CBN) has appointed a new board of directors for Polaris Bank, marking a significant step in the bank's governance.Key Appointment: Kassim Gidado has bee...
The Nigerian National Petroleum Company Limited (NNPCL) reported 188 cases of oil theft between August 24 and 30, 2024, with incidents spread across the Niger Delta. Key findings include:1. Illegal Re...
Aradel Holdings Plc's Acquisition:- Company & Acquisition Details: Aradel Holdings Plc, an indigenous energy company, has announced that its subsidiary, Aradel Energy Limited, signed a sale and pu...
Alibaba Enhances Listing Status to Tap Mainland Investments:Alibaba Group Holding has announced a strategic upgrade of its Hong Kong stock listing from a secondary to a dual-primary status, effective ...