Following gains recorded by many blue-chip stocks, especially BUA Foods and Eterna Plc, transactions on the floor of Nigerian Exchange Limited (NGX) reversed loses, to closed in an upbeat yesterday, with investors' wealth soaring by N505 billion............Read-More

The Central Securities Clearing System Plc has announced the launch of its upgraded web-based application designed to enhance operational efficiency and user experience for registrars in the Nigerian capital market.
In a statement on Tuesday, CSCS, which serves as the Central Securities Depository...........Read-More

Cadbury Nigeria Plc, a subsidiary of Mondelez International and one of the largest fast-moving consumer goods (FMCG) in the world, yesterday, celebrated 60 years of operational resilience in the country with a promise to continue to create value...............Read-More

Airtel Nigeria's data revenue fell to $344m for the nine months ending December 31, 2024, marking a decline from $539m recorded in the corresponding period of the previous year.
Despite a 37.2 per cent surge in data usage per customer"”rising to 8.4 gigabytes per month............Read-More

UPDC PLC has reported a 509 per cent increase in profit after tax for the year ended December 31, 2024.
The company posted a profit of N1.35bn, up from N221.51m in 2023.
According to the company's financial statements for the period ended December 31, its revenue surged to N11.93bn, up from N5.34bn recorded in the previous year.............Read-More

The Skyway Aviation Handling Company (SAHCO) PLC has recorded improved financial performance with a 74.8% increase in revenue for the period ending December 2024.
The growth, according to the company, reflects ...The company's commitment to operational excellence, enhanced service delivery, and solidified partnerships with key industry players." ..............Read-More

PZ Cussons Nigeria's proposed $34.3 million debt-to-equity conversion at N23.6 per share has triggered mixed reactions among shareholders. While some view it as a necessary move to rescue the company from financial distress, others fear it could pave the way for a forced buyout and eventual delisting..............Read-More