MultiChoice Group Ltd. has announced its third consecutive semi-annual loss and blamed the financial challenges it witnessed on foreign exchange in Nigeria (naira devaluation) and steady power outages...
FCMB Group Plc recently announced a 108% year-on-year (YoY) growth in profit before tax (PBT), which accounted for N55.1 billion for the first nine months, which ended September 30, 2023, when compare...
Ecobank Group recently announced its nine (9) months of earnings for this year ended in September 2023, and the group recorded a 59% increase, which was N1.21 trillion, far greater than the record of ...
On Tuesday, after President Donald Trump announced that he would be partnering with Eastman Kodak, the photography pioneer, the company's stock skyrocketed. According to the President, Kodak would be ...
Opay, one of Nigeria's leading fintech companies, started in 2010. The company was formerly known as PayCom, after which it was acquired by Opera Group in 2018. After the acquisition of PayCom, Opay w...
Dangote refinery, situated in the Lekki Free Zone near Lagos, Nigeria, is owned by Africa’s richest man, Aliko Dangote. It is a $20 billion project set to make Nigeria one of the major exporters of ...
Square (SQ) posted its fiscal second-quarter results on Tuesday. Following the announcement of its better-than-expected quarterly earnings results, shares of the company soared as high as 11% in after...
It was reported that the Naira declined in the Nigerian Autonomous Foreign Exchange Market (NAFEM). As of yesterday, Nigeria's official exchange rate window closed at N1,035.12/$ compared to Tuesday w...
Following the turn of recent activities to bridge the wealth gap between races in the United States, especially in the black community, many organizations and individuals have stepped to fund many min...
According to the PUNCH report, the Profit after tax of Chapel Hill Denham managed Nigeria Infrastructure Debt Fund grew by 97.99% to N20.380bn at the end of 2023, far from the corresponding year, whic...