Business

…Grows profit to over 100% to N33.5 Billion NASCON Allied Industries Plc has rewarded its shareholders with a historic 200 per cent increase in dividend payout, underscoring a remarkable financial performance that saw profit after tax surge by over 100 per cent to N33.5 billion in the 2025 financial year, …

  President of Dangote Group, Aliko Dangote, has announced that the expansion of the Dangote Refinery to a production capacity of 1.4 million barrels per day will generate employment for no fewer than 95,000 skilled workers at peak construction. Dangote disclosed this at the weekend in Lagos during his induction …

  Zenith Bank Plc has announced the opening of its Côte d’Ivoire subsidiary, marking a pivotal achievement in the Group’s Pan-African expansion strategy.   The official opening ceremony, scheduled to hold on Wednesday, April 29, 2026, is expected to attract senior government officials and regulators from Nigeria and Côte d’Ivoire, …

Chairman of Nigeria’s National Malaria Elimination Council (NMEC) and United Nations Malaria Ambassador, Aliko Dangote has called on governments and the private sector to urgently scale up coordinated action to eliminate malaria, describing the moment as critical to ending one of the world’s most devastating diseases. Speaking to mark World …

Globacom has released two new television commercials (TVCs), “Road Trip” and “Department of Imagination”, which reinforce its commitment to seamless connectivity. The highly engaging and entertaining commercials highlight how Glo fits into everyday life, while also pointing to a more connected and exciting future. “Road Trip” brings a warm and familiar story to life. …

Anyone who has tried to get a loan to buy a house in Nigeria knows the drill: endless forms, property valuation, and eventual down payment of a minimum 25% or more on the property. Sometimes, interest rates could go as high as 30% per annum, while the typical loan limit …

  In line with its commitment to accelerating the growth of Small and Medium Enterprises (SMEs) across Nigeria, leading financial institution, Fidelity Bank Plc, has rolled out a series of high impact masterclasses designed to equip business owners with practical skills, improve operational efficiency and expand market access throughout the …

  Providus Bank Plc has commissioned a new branch in Ado-Ekiti, marking another step in its steady expansion across key growth markets in Nigeria. Having met the Central Bank of Nigeria’s (CBN) recapitalisation requirement since January 2025, Providus Bank is now focused on expanding its footprint to support local enterprise, …

  What was sold to Nigerians in May 2022 as a clean and powerful takeover is now looking like something far more troubling. When Titan Trust Bank announced it had acquired Union Bank of Nigeria, a 100+ year-old institution, the story was simple: a young bank buying a legacy giant. …

  Afriland Properties Plc, a leading real estate development and management company, has announced its audited financial results for the year ended December 31, 2025, showcasing strong revenue growth, an expanded asset base, and sustained shareholder returns. The results were presented to shareholders at the Company’s 13th Annual General Meeting. …