Sunday, March 29, 2026
Nigerian firms list obstacles to business activities, optimistic of positive macro economy – CBN Report
By Charles Abuede Expect naira to appreciate in next 2 to 6 months Inflation to rise negatively in next 6...
Read moreDetailsCovid-19 hammers Ikeja Hotels with N1.4bn post tax loss, Q3 financials show
By Charles Abuede Loss to affect year-end dividends declaration Legal tussle with Lagos State could cost N4.63bn Ikeja...
Read moreDetailsBUA Cement Q3 ’20 revenue surges 21% to N156.6bn
By Charles Abuede PAT rose 24% to N53.57 billion; EPS rises to N1.58k Increased push to ‘new markets’ aided...
Read moreDetailsMTN Nigeria grows 9-months revenue 13.92% to N975.8bn
Charles Abuede PBT down 0.6% to N211.6bn; PAT fell 3.3% to N144.24bn Mobile subscribers rose by 3.9m in 9 months...
Read moreDetailsBharti Airtel nominates ex-banker to Airtel Africa’s board as non-executive director
Charles Abuede Rosmarin Airtel Africa plc, a leading provider of telecommunications and mobile money services across Africa, has announced the...
Read moreDetailsCAP, Portland merger faces positive cost, revenue synergy implications, say analysts
Charles Abuede Research analysts at FBN Quest Capital Research have said that the proposed merger between UAC of Nigeria (UACN) subsidiaries,...
Read moreDetailsAirtel Africa unfolds gains amid Covid-19 as H1’20 revenues up 10.7% to $1.82bn
Charles Abuede Operating profit increased by 19.5% to $472m Free cash flow was $391m Interim dividend of $1.5 cents per...
Read moreDetailsFormer MTN Nigeria CTO, Toriola, appointed CEO designate
Karl Toriola Karl Toriola, who once served as chief technical officer (CTO) of the Nigerian subsidiary of Africa’s telecom giant,...
Read moreDetailsUnited Capital sees 26% rise in PAT to N3.46bn amid challenging global economic climate
Charles Abuede Chika Mordi, United Capital Chairman United Capital Plc, a Pan-African financial and investment services group, has reported a...
Read moreDetailsAfrica Prudential reports 6% drop in Q3 ’20 PAT
Charles Abuede Africa Prudential Plc, a leading registrar, investor services and business support solutions provider, said it recorded a six...
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