May & Baker Nigeria Plc has issued a stern warning to investors and the public about a fraudulent investment scheme operating under the name “M&B Equity Stake,” emphasizing that the…
Nigerias Cocoa Exports to EU Under Threat Due to New Deforestation Regulations
Nigeria’s cocoa industry is facing a critical challenge as exporters and hundreds of thousands of smallholder farmers scramble to meet the European Union’s new anti-deforestation rules, which will take effect…
Tinubus Reforms Gain Investor Confidence Amid Rising Nigerian Living Costs
President Bola Tinubu’s economic reforms are gaining traction among investors, with rising stock market gains and increased capital inflows signaling growing confidence in Nigeria’s economy, but millions of citizens continue…
International Breweries Shareholders Approve N84 Billion Capital Return Plan
International Breweries Plc shareholders have approved a plan to return up to N84 billion to investors as part of a comprehensive share premium reduction and capital reorganisation initiative. The decision…
Beta Glass H1 Profit Declines 13.6% to N16.16 Billion Amid Rising Finance Costs
Beta Glass Plc reported a 13.6 percent decline in profit after tax to N16.16 billion for the first half of 2026, as rising production and financing costs offset modest revenue…
eTranzact Posts N1.22 Billion H1 Profit, Revenue Up 23% in First Half of 2026
eTranzact International Plc posted a 22.6 percent rise in revenue for the first half of 2026, reaching N16.28 billion, as the electronic payment company continued to benefit from growing demand…
Africa Prudential Reports 18% H1 Profit Growth Amid 27% Revenue Increase
Africa Prudential Plc delivered a strong financial performance in the first half of 2026, reporting double-digit growth in revenue and earnings driven by increased activity in Nigeria’s capital market, improved…
NRS Launches Ideas Gateway Portal to Collect and Track Public Submissions
The Nigeria Revenue Service (NRS) has launched the Ideas Gateway Portal, a new digital platform aimed at enhancing public participation in the reform of Nigeria’s tax administration system. Available at…
Guinness Nigeria Reports 53% Profit Surge to N25.3 Billion Amid Declining Finance Costs
Guinness Nigeria Plc has reported a significant 53.3 percent rise in profit after tax to N25.30 billion for the year ended June 30, 2026, driven by strong revenue growth, improved…