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First HoldCo Rakes In ₦653.5bn Profit As Shares Surge 10% In H1
First HoldCo Plc has reported its strongest half-year performance on record, posting a pre-tax profit of ₦653.54 billion for the six months ended June 30, 2026, an 83.5% increase from ₦356.15 billion recorded in the corresponding…
BUA Foods Shareholders Endorse Abdulsamad Rabiu’s Continuation As Chairman, Approve N28…
Shareholders of BUA Foods Plc have unanimously voted to keep Abdulsamad Rabiu on as Chairman of the company and signed off on a final dividend payout of N28.00 for every ordinary share held, covering the 2025 financial year.
The…
BUA Foods Doubles Profit, Bets Big On Capacity Expansion As It Targets Food Sector Leadership
…Set To Join the Noodles Fray, Complete Edible Oils Investment, Others
BUA Foods Plc has set out an ambitious new phase of growth anchored on major capacity expansion, entry into new product categories and a commitment to becoming…
Canal+ Seals R55bn Deal, Takes Full Control Of MultiChoice
French media giant Canal+ has completed its acquisition of MultiChoice Group, bringing the ownership of DStv, GOtv and Showmax fully under its control after a takeover process that stretched over more than two years.
The…
Airtel Valuation Tops N21 Trillion, Becomes NGX’s Most Valuable Company
Airtel Africa Plc has witnessed the market value of its 3.758 billion outstanding shares on the Nigerian Exchange (NGX) climb above N21.8 trillion, making it the most valuable listed company on the local bourse.
The…
Bogo Beverages Commissions 80,000-Capacity Manufacturing Plant In Ikorodu With N20 Billion…
L-R: Customs Area Controller, Lagos Industrial Command, Adebola Salawu; Alajede of Ijede Kingdom, Oba Adefarasin Saheed Hassan; Chairman/Chief Executive Officer, Bogo Beverages Limited, Godwin Oche; representative of the Commissioner for…
FirstHoldCo Shares Soar 26% As Investor Confidence Builds Ahead Of Q2 Earnings
FirstHoldCo Plc, financial services group and parent company of First Bank, gained 26 percent on the stock market as investor sentiment strengthened ahead of the release of its second-quarter 2026 earnings.
The heavy buying…
Samsung Retakes Global Smartphone Crown As Industry Suffers Worst Q2 In 13 Years
Samsung has reclaimed its position as the world's largest smartphone maker, overtaking Apple in global shipments even as the industry recorded its weakest second-quarter performance in 13 years, according to preliminary estimates…
HBM Nigeria Says Rebranding Marks New Phase of Growth Following Huaxin Acquisition
L-R: Country Head, Aggregates and Concrete, HBM Nigeria Plc, Emmanuel Ilaboya; Director, Communications, Public Affairs and Sustainable Development, HBM Nigeria Plc, Viola Graham-Douglas; Group Managing Director/Chief Executive…
Airtel Targets Free Internet Connectivity For 5000 Schools By 2027
Airtel Africa's Chief Executive Officer, Sunil Taldar, has announced that the telecommunications company is committed to connecting 5,000 schools across Africa to the internet by 2027, through its philanthropic arm, the Airtel…