Companies

Union Dicon Salt can’t trace 40% shareholder from 1980s. Here’s what you need to know

Union Dicon Salt Plc has disclosed that it has been unable to reach AIMS...

Dangote salt maker Nascon credits CNG truck investment for 2025 profit surge

Nascon Allied Industries Plc, a leading Nigerian salt refiner and Dangote Group affiliate, today...

Profit returns at Nestlé Nigeria, but ₦476bn loans shadow recovery

After one of the worst years in its history, Nestlé Nigeria Plc has staged...

Debt-burdened Deap Capital changing name as it shifts to minerals

Financial services firm Deap Capital Management & Trust Plc is moving to overhaul its...

Japaul Gold GMD resigns after seven years as profit falls

Japaul Gold & Ventures Plc has announced the resignation of its Group Managing Director,...

Tantalizers’ entertainment arm secures ₦2 billion at ₦30 billion valuation

Tantalizers Plc is pushing deeper into entertainment and digital media after its subsidiary, Tantainment...

Jumia pushes toward break-even in 2026 after years of losses

Jumia Technologies is showing its strongest operational momentum in years, pairing accelerating sales growth...

Talent shortages top worry for Nigerian CEOs as climate risk shapes M&A

Nigerian chief executives are increasingly reshaping how they invest, hire and grow, as talent...

A 2008 loan comes calling for FTN Cocoa at the worst possible time

A loan FTN Cocoa Processors Plc took out in 2008 - when global markets...

Oando’s financial strain deepens despite paper profit

Oando Plc’s balance-sheet pressures deepened in 2025, with the Nigerian energy group sinking further...

UAC Nigeria slides to quarterly loss as feed, edibles drag on results

UAC of Nigeria Plc slipped into a quarterly loss in the final three months...

Airtel undecided on mobile money IPO venue as transactions hit $210 bn

Airtel Africa Plc is yet to decide where it will list its mobile money...

BUA Foods’ rice revenue skyrockets over 1,600% in full-year report

BUA Foods Plc has reported a huge shift in its revenue mix, headlined by...

Ikeja Hotel profit climbs 14% on surge in room rates

Ikeja Hotel Plc reported a 14% rise in full-year net profit in 2025, as...

Cadbury Nigeria returns to profit as price hikes, cost controls lift margins

Cadbury Nigeria Plc returned to profitability in 2025, marking a sharp turnaround from a...

Nigeria Infrastructure Debt Fund raises payout as yields beat govt bonds

Nigeria’s first listed infrastructure debt fund increased its quarterly payout after posting another year...

MTN to push home internet as next growth engine in Nigeria, CEO says

MTN Group plans to deepen investment in home internet connections in Nigeria, betting that...

Presco’s majority owner, SIAT, names new Group CEO

SIAT NV, the Belgian agro-industrial group that owns a controlling 60% stake in Presco...

Eterna to raise ₦21.5bn by selling new shares at 37% discount

Eterna Plc has commenced a ₦21.52 billion rights issue priced at a sharp discount...

Champion Breweries launches ₦42 billion public offer to fund expansion

Champion Breweries Plc says it has received regulatory clearance to launch a ₦42 billion...