Companies

Gold boom yields windfall for Segilola owner – but little taxes for Nigeria

A surge in gold production at Segilola, Nigeria’s first large-scale commercial gold mine, delivered...

Zenith Bank doubles dividend to N10 as profit growth slows

Zenith Bank Plc more than doubled its total dividend payout to N10 per share...

Dangote Sugar asks shareholders for N500 billion to cut debt, fund growth

Dangote Sugar Refinery Plc is seeking shareholder approval to raise N500 billion through a...

Bristow deploys top Airbus helicopters to Nigeria in Africa first

Bristow Group Inc. has received the first two of five Airbus H160 medium-twin helicopters...

ExxonMobil plans to move legal headquarters after 142 years

ExxonMobil plans to move its legal headquarters to Texas from New Jersey, ending more...

Beta Glass replaces four board members after Helios takeover

Beta Glass Plc has reshaped its board of directors following the acquisition of its...

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...