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Financial Year

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BusinessNews

FY 2024: CSCS grows profit by 24%, declares N1.76 dividend per share

By Chioma Obinagwam Nigeria’s foremost depository, Central Securities Clearing System (CSCS) Plc, has said that it grew its Profit Before Tax (PBT) by...

BusinessNews

How NNPC notched N3.3trn net profit in 2023 financial year

By Chioma Obinagwam The NNPC Limited has posted a net profit of N3.297 trillion at the close of the financial year which ended...

Business

Lafarge N132bn rights issue records 100% subscription

  By Chioma Obinagwam Lafarge Africa Plc. has said that its N131.62 billion Rights Issue witnessed a 100 per cent subscription. The company...

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Moniepoint hits ₦1trn milestone in SME Loans, marks 10 years of empowering small businesses‎‎

By Chioma Obinagwam Moniepoint Inc., Nigeria’s definitive platform for small businesses and Africa’s all-in-one financial ecosystem, today released its 2025 Year in Review,...

‎Why Nigeria’s Banks Still on Shaky Ground with Big Profits, Weak Capital

By Blaise Udunze‎‎Despite the fragile 2024 economy grappling with inflation, currency volatility, and weak growth, Nigeria’s banking industry was widely portrayed as successful...