News & Updates

…says set for public offer Sterling Financial Holdings Company Plc has reported a 157 percent year-on-year (YoY) surge in profit-after-tax (PAT) in its unaudited results for the half-year (H1) ended June 30, 2025. The company demonstrated continued momentum in revenue growth, operational efficiency, and capital position. The group’s PAT reached N41.78 billion, up from N16.26 […]

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The Confederation of African Football (CAF) President, Dr Patrice Motsepe, has revealed the rationale behind the significant increase in prize money for the 2024 African Nations Championship (CHAN), raising the total prize pool to $10.4 million. The 8th edition of the tournament, scheduled to run from August 2 to 30, 2025, will feature 19 teams, […]

Nigeria’s largest publicly listed firms delivered a strong financial performance in the first half of 2025, driven by easing foreign exchange (FX) losses, sustained consumer demand, and internal cost restructuring, helping to reverse the brutal losses many endured a year ago. An analysis of half-year financial results from 20 of the top 30 firms on […]

At the close of trading on August 1, MTN Nigeria has crossed the N10 trillion market cap mark. This is as the stock closed August 1 with a record high share price of N480, to hit a market cap of N10.077 trillion. MTN Nigeria is also the second company listed on the NGX to cross […]

Every founder walks a road paved with dreams, delays, detours, and dilemmas. As an entrepreneur, it is tempting to postpone your peace and personal life, thinking “once things get better, I will finally live”. The hard truth? Things never truly get better. Over the years, I have learnt that building comes in phases, each with […]

A House of Representatives hopeful for the Obokun-Oriade Federal Constituency, Pelumi Olajengbesi, has criticised incumbent lawmaker Wole Oke for accusing Osun State Governor, Ademola Adeleke, of neglecting the people of Obokun and Oriade local government areas. In a statement issued on Wednesday, Olajengbesi dismissed Oke’s claims, arguing that the lawmaker’s exit from the Peoples Democratic […]

The federal government has commenced plans to support light rail projects in Kaduna and Kano, as part of efforts to enhance public transportation and boost economic productivity in the northern region. This was stated in a report on Mohammed Idris, minister of information and national orientation of Nigeria X (formerly Twitter) handle. The report stated […]

Nigeria Eurobond yields are approaching their lowest levels in three years as investors flock to the West African nation’s debt, buoyed by sweeping economic reforms and a stronger policy signal from President Bola Tinubu’s administration. The drop in yields reflects renewed investor confidence, driven by exchange rate liberalisation, subsidy removal and progress on tax reforms. […]

Atalanta CEO Luca Percassi has confirmed that Nigerian forward Ademola Lookman is keen to depart the Gewiss Stadium this summer, with Inter Milan reportedly leading the race to sign the Everton winger. Speaking during the unveiling of new signing Honest Ahanor, Percassi addressed the ongoing transfer speculation, telling reporters (via Corriere dello Sport). Read Also: Italian […]