News

…share capital increases to N600bn Access Holdings Plc has secured full regulatory approvals from the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) for its recent Right Issue. The company issued […]

FBN Holdings Plc is offering a rights issue of 5,982,548,799 ordinary shares priced at N25 per share, open until Monday, December 30. This company is the non-operating holding company of First Bank of Nigeria Limited, […]

Vitafoam Nigeria Plc has proposed a dividend of N1.05 per share, amounting to N1.375 billion. The company will be seeking approval by shareholders at its 63rd Annual General Meeting (AGM) scheduled for March 6, 2025 […]

Nigerian pharmaceutical companies are facing financial challenges as inflation rises, consumer purchasing power declines, and the naira devalues. To cope with these challenges, these companies have increased their borrowings to maintain their liquidity in a […]

MRS Oil has reduced the price of fuel to N935 per litre at all its stations in Nigeria, following a deal with the new Dangote Refinery. The refinery is now supplying fuel to MRS at […]

Airtel Africa Plc has initiated a second share buyback program that aims to return up to $100 million to its shareholders. The purpose of this program is to reduce the company’s capital, and all repurchased […]

Nigerian Aviation Handling Company Plc (NAHCO), a Nigeria-based aviation services provider, has reported a significant 85 percent increase in after-tax profit for the nine months of 2024, mainly due to finance income. The after-tax profit […]

Kecam Technologies Ltd, a leader in technology solutions, has announced a groundbreaking partnership with Foxit, a globally recognized provider of advanced document and digital signing solutions. This collaboration aims to introduce Foxit eSign to a […]

Jumia, the pan-African E-commerce platform, has teamed up with MoEngage to enhance the customer experience across its diverse user base. The goal is to create an engagement platform that provides a holistic view of customers, […]

Anap Jets, a prominent private aviation company, recently celebrated its 10th anniversary of accident-free operations. Atedo Peterside, the company’s founder, made the announcement in a post on X. Starting with just one aircraft in 2014, […]