Cutix records N47.9m loss as interest expenses nearly triple
Cutix Plc has posted its first annual loss in years after surging borrowing costs erased operating gains, underscoring the pressure...
- Thursday, July 09, 2026
BusinessDay
Cutix Plc has posted its first annual loss in years after surging borrowing costs erased operating gains, underscoring the pressure...
The Initiates Plc has increased its stake in its Ugandan subsidiary to 55 percent after acquiring an additional 20 percent...
Honeywell Flour Mills Plc reported a 13 percent increase in profit after tax for the financial year ended March 31,...
Three years ago, the market capitalization of the Nigerian Exchange (NGX) was N30 trillion. As of May 2026, it has...
The Enhancing Financial Innovation and Access (EFInA), through its Inclusion for All (I4All) initiative, has concluded consumer protection sensitisation dialogues...
The African Development Bank (AfDB) has warned that Africa’s trade finance gap could widen to $86.6 billion by 2027, with...
The African Continental Free Trade Area (AfCFTA) Secretariat has entered into a strategic partnership with Rendeavour, Africa’s largest new city...
Nigerian banks accumulated more liquidity in the first four months of 2026, but lending to businesses saw a major decline...
President Bola Tinubu’s approval rating has fallen to 30.2 percent, with nearly half of Nigerians expressing dissatisfaction with his administration...
C&I Leasing Plc has reported a profit after tax of N3.9 billion for the financial year ended 31 December 2025,...