Companies

High borrowing costs push drugmakers to restructure

Chima Chima Apr 13, 2026

Miskay Boutique International Limited Successfully Redeems ₦278.8 Million Series 1 Commercial Paper

Hillcrest Agro-Allied Industries enters Commercial Papers market for N10bn

Caverton reduces Q3 pre-tax loss to N4.6bn

Caverton explains delay in filing FY'25 results before regulatory due date

CBN drains record naira liquidity as election season shapes up

Power outages, insecurity top business challenges – CBN survey

Int’l Breweries restructures, appoints Nicholas Kade as new managing director

International Breweries posts first profit in 7-yrs on booming sales

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Companies

OPay eyes gains as Nigeria tightens PoS rules

Wasiu Alli Apr 10, 2026

OPay has positioned itself to gain market share after Nigeria’s central bank tightened rules for agent banking, forcing Point of...

Emeka Emuwa becomes second Nigerian to receive Citibank's distinguished alumni award

Iheanyi Nwachukwu Apr 10, 2026

Emeka Emuwa, Chairman of the Board of Verod Holdings and a titan of African banking, has been named a recipient...

Fidelity Bank: Tackling systemic barriers to learning

How Fidelity Bank raised more than N500bn to meet CBN’s capital rules

Chinwe Michael Apr 10, 2026

Fidelity Bank Plc’s journey to crossing the N500 billion capital threshold was not a single transaction but a two-year capital...

CBN clears Globus Bank on N200bn recapitalisation

Nomba, Globus Bank test new SME lending model with N21.3bn portfolio

Chinwe Michael Apr 10, 2026

A credit partnership between Nomba, a Nigerian fintech infrastructure provider, and Globus Bank is drawing attention to a different approach...

Guinea Insurance eyes N5.8bn from rights issue

Guinea Insurance forecasts strong Q2 growth amid investment push

Chima Chima Apr 10, 2026

Guinea Insurance Plc is projecting a resilient second quarter, with forecasts showing significant profit growth driven by robust underwriting performance...

FCMB Group gets shareholders approval for N400bn capital raise

Oyo State, FCMB, disburse N1.5bn to youth farmers

Hope Moses-Ashike Apr 09, 2026

Oyo State Government and First City Monument Bank (FCMB) have supported 1,000 young agripreneurs to boost food production and support...

Chams’ profit drops 54% to N500m as finance costs triple

Chams declares N270m in final dividend payout to shareholders

Chima Chima Apr 09, 2026

Chams Holding Company Plc has declared N270 million in final dividend to shareholders for the fiscal year ended December 31,...

Afreximbank backs new African literary voices with CANEX Anthology

Trade finance push drives Afreximbank profit to $1.2bn

Hope Moses-Ashike Apr 09, 2026

African Export-Import Bank (Afreximbank) reported a strong financial performance for the year ended December 31, 2025, with net income rising...

NGX to delist DN Tyre, Greif Nigeria over compliance failures

Chinwe Michael Apr 09, 2026

The Nigerian Exchange Regulation Limited (NGX RegCo) has approved the regulatory delisting of DN Tyre and Rubber Plc and Greif...

NGX delists DN Tyre, Greif Nigeria

Iheanyi Nwachukwu Apr 09, 2026

The regulation department of Nigerian Exchange Limited (NGX) has notified the investing public of delisting of two companies – DN...

DEAP Capital signs MoU with Banklink Africa to commence minerals, metals financing

Banklink Africa deepens CMFC bet with fresh capital injection

Wasiu Alli Apr 09, 2026

Banklink Africa Private Equities Limited has injected an additional N2 billion into Critical Minerals Financing Corporation Plc, accelerating the transformation...