Business

Airtel Africa Plc has reported outstanding full-year earnings for the financial year ended March 31, 2026, with profit after tax surging by 147.4 percent to $813 million, driven by strong…

Aliko Dangote has announced plans to develop a massive 20,000-megawatt power generation project across Africa, leveraging the strong cash flow from the recently operational Dangote Petroleum Refinery. The billionaire businessman…

Nigerian National Petroleum Company (NNPC) Limited has launched a strategic initiative to revive Nigeria’s domestic refining capacity through a partnership with two Chinese industrial firms, Sanjiang Chemical Company Limited and…

TotalEnergies Marketing Nigeria Plc recorded a net profit after tax of ₦1.17 billion for the first quarter ended March 31, 2026, marking a significant turnaround from the ₦120.03 million loss…

Nigerian Exchange (NGX) Group Plc has recorded a significant financial turnaround in the first quarter of 2026, reporting a profit after tax of ₦4.09 billion, a 93.7 percent surge from…

Seplat Energy Plc has released its unaudited financial results for the first quarter of 2026, revealing a 48.4 percent increase in net profit despite a decline in revenue and rising…

UAC of Nigeria (UACN) PLC delivered a standout financial performance in the first quarter of 2026, reporting a more than threefold increase in both revenue and profit, driven by the…

Transnational Corporation (Transcorp Group) Plc recorded a profit before tax of ₦50.7 billion for the first quarter ended March 31, 2026, marking a 2.6 percent rise from ₦49.4 billion in…

United Capital Plc delivered a robust first-quarter performance for the period ended March 31, 2026, recording a 66.2 percent surge in profit after tax to ₦9.79 billion, driven by strong…