Champion Breweries reports N1.2 billion profit for 2024 as revenue soars
Champion Breweries Plc recently reported a pre-tax profit of N1.2 billion in its financial statements for the year ending December 31, 2024. This marks a 186.08% increase compared to the N445.3 million...
View ArticleCutix achieves 12% rise in pre-tax profit amid surge in cable and wire sales
Cutix Plc, an electric cable manufacturer, has reported a pre-tax profit of N1.2 billion for the period ended 31st January 2025, up from N1.1 billion during the same period the previous year. The post...
View ArticleBUA Cement announces final dividend of N2.05 per share, reveals payment date
BUA Cement has announced a final dividend of N2.05 per ordinary share of 50 Kobo each for the period ended 31st December 2024, payable to registered members. The post BUA Cement announces final...
View ArticleAll-Share Index falls 0.34% on March’s first trading day; NGXGROUP and...
The All-Share Index closed on a negative note on March 3, 2025, declining by 366.26 points to end the trading day at 107,455.13. This decline reflects a 0.34% decrease from the previous day's figure of...
View ArticleNaira loses steam, sinks again in unofficial market
The Nigerian naira began Tuesday's trading session at N1,510 per dollar on the black market amid weakness in the dollar index. The post Naira loses steam, sinks again in unofficial market appeared...
View ArticleBrazilian football legend Ronaldinho launches STAR10 cryptocurrency token
Former Brazilian footballer Ronaldinho Gaúcho has unveiled a new cryptocurrency token called STAR10 on the Binance Smart Chain. The post Brazilian football legend Ronaldinho launches STAR10...
View ArticleFounder of stablecoin digital bank, Infini offers 20% bounty for return of...
The founder of Infini, a stablecoin digital bank, Christian Li, has extended a 20% bounty offer to a hacker following a $49.5 million heist. The post Founder of stablecoin digital bank, Infini offers...
View ArticleNascon Allied reports N23.6 billion profit for 2024 as salt and seasoning...
Nascon Allied Industries Plc has released its full-year results for the period ending December 31, 2024, revealing a pre-tax profit of N23.6 billion. The post Nascon Allied reports N23.6 billion...
View ArticleDangote Sugar’s pre-tax loss jumps 149% to N270.89 billion in 2024 despite...
Dangote Sugar Refinery Plc has reported a pre-tax loss of N270.894 billion for the financial year ended December 31, 2024, marking a 148.7% year-on-year (YoY) increase from 2023, despite a significant...
View ArticleLatest crude oil price drop threatens Nigeria’s revenue and naira stability
Crude oil prices dipped on Tuesday after the U.S. government implemented fresh tariffs, raising concerns about global trade tensions and their potential impact on fuel demand. The post Latest crude...
View ArticleUnited Capital delivers 178% return to shareholders in 2024 – Here’s how they...
If you were a United Capital shareholder in 2024, you had plenty of reasons to smile. The company delivered a Total Shareholder Return (TSR) of 178%, making it one of the best-performing stocks of the...
View ArticleDMO opens subscription for March 2025 FGN savings bonds with interest rates...
The Debt Management Office (DMO) has launched the March 2025 Federal Government of Nigeria (FGN) savings bonds, offering investors attractive interest rates of up to 17.635% per annum. The post DMO...
View ArticleSeplat Energy reports N561.4 billion pre-tax profit, declares final and...
Seplat Energy Plc has published its financial report for the fiscal year ended 31 December 2024, revealing a pre-tax profit of N561.4 billion. The post Seplat Energy reports N561.4 billion pre-tax...
View ArticleAll-Share Index dips below 107,000-barrier, closes in the red; five stocks...
The Nigerian All Share Index concluded the trading session on March 4, 2024, in negative territory, declining by 550.88 points to settle at 106,904.25. This reflects a 0.51% decrease from the previous...
View ArticleSolana bounces back to $144 after 15% crash
Solana (SOL) has demonstrated resilience, rebounding to trade at approximately $144 on Wednesday, signifying a nearly 7% recovery in just 24 hours. The post Solana bounces back to $144 after 15%...
View ArticleRipple: XRP on Rampage, kicks out USDT from 3rd Position
The Ripple-based token rallied strongly during the mid-week trading session, posting an intra-day gain of about 8% for the day as it looked set to breach the $2.55 mark. The post Ripple: XRP on...
View ArticleTantalizers acquires 10 modern trawlers from US-based marine company, reveals...
Tantalizers Plc has announced the signing of a partnership agreement with the US-based marine group Quinn Fisheries and Harvester Fishing for the acquisition of 10 fully equipped modern fishing...
View ArticleNaira recovery: BDC operators are facing constraints buying forex from banks...
Bureau De Change (BDC) operators under the aegis of the Association of Bureau De Change Operators of Nigeria (ABCON) says that they are constrained from purchasing foreign exchange from the banks. The...
View ArticleHaldane McCall declares final dividend of 0.07 kobo for registered shareholders
Haldane McCall PLC has announced a final dividend of 0.07 kobo for each 50 kobo ordinary share, subject to applicable withholding tax, which will be payable exclusively to its registered shareholders....
View ArticleAll-Share Index dips 0.44%, ends three trading days in the red; TANTALIZER...
The Nigerian All-Share Index declined by 467.77 points, closing at 106,436.48 on March 5, 2025, thereby marking three consecutive trading days in the red. This decline reflects a 0.44% drop from the...
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