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Jennete Ugo Anya
- April 30, 2025
Olam Agri Unveils Crown Thick Spaghetti
In a colourful ceremony that blended culinary innovation with cultural celebration, Crown Flour Mill (CFM) Limited, one of the key players in Nigeria’s wheat milling and pasta industry, under Olam Agri, introduced its newest product—Crown Thick Spaghetti—to the delight of distributors, partners, and stakeholders gathered in Abuja. The recent launch represents more than just a […]
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- April 30, 2025
Moniepoint Launches MonieWorld in UK, Targets Nigeria’s $21bn Remittance Market
In a bold move that signals its global ambition, one of Nigeria’s leading fintech companies, Moniepoint Inc., has launched MonieWorld, a new remittance app tailored for the United Kingdom (UK) -based African diaspora—particularly the Nigerian community. The app, which officially rolled out in April 2025, marks Moniepoint’s first venture outside of Africa and aims to […]
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- April 22, 2025
Nigerian Breweries Posts N44.6bn Profit In Q1 2025
Nigerian Breweries Plc has bounced back to profitability with a net profit of N44.6 billion in Q1 2025, marking a dramatic turnaround from a N52.1 billion loss in the same period last year. The result highlights a resurgence for Nigeria’s largest brewer, following two years of FX-related losses that strained its bottom line. The unaudited […]
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- April 22, 2025
Legend Internet To List 2bn Shares On NGX April 24
Legend Internet Plc, Nigeria’s fastest-growing last-mile broadband provider, is set to debut on the Main Board of Nigerian Exchange Limited (NGX) on Thursday, April 24, 2025. The listing, which will be conducted by way of introduction, marks the company’s official transition into the public market with 2 billion ordinary shares, reflecting its ambition to scale […]
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- April 22, 2025
Julius Berger Wins Construction Company of the Decade Award
Julius Berger Nigeria Plc has been named the Best Construction and Infrastructure Company of the Decade at the West Africa Innovation Awards, a significant recognition of the company’s legacy of engineering excellence, sustainability leadership, and sectoral impact across Nigeria and West Africa. The recent award ceremony, held in Lagos, was organised to celebrate brands demonstrating […]
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- April 18, 2025
Nigeria, China Sign $1bn Sugar Deal
China has cemented its growing influence in Africa’s agro-industrial space with a $1 billion sugarcane cultivation and processing deal signed with Nigeria. The agreement between National Sugar Development Council (NSDC) and Chinese industrial giant SINOMACH marks a strategic move to unlock Nigeria’s sugar industry, drive rural industrialisation, and deepen the Nigeria-China economic alliance under President […]
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- April 18, 2025
CBN Grants Ascensia Finance Approval To Operate
The Central Bank of Nigeria (CBN) has granted final approval to Ascensia Finance Company Limited, officially licensing it to operate as a finance company in Nigeria. In a letter dated April 10, 2025, the apex bank confirmed the decision after a comprehensive review of Ascensia’s application and documentation. The approval marks a significant step in […]
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- April 15, 2025
NGX Group Declares N2 Dividend
Nigerian Exchange Group Plc (NGX Group) has declared a final dividend of N2.00 per share, following the approval of its audited financial statements for the fiscal year ended December 31, 2024. The announcement was made during its 64th Annual General Meeting (AGM), reinforcing investor confidence in the group’s robust financial performance and strategic direction. NGX […]
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- April 15, 2025
Geregu Power Reports N13bn Profit In Q1 2025, Wins Corporate Compliance Award
Geregu Power Plc has reported a pre-tax profit of N13.01 billion for the first quarter ended March 31, 2025, representing a 40.57 percent drop compared to N21.9 billion in the same period last year. The company’s revenue also declined sharply by 37.02 percent to N31.7 billion, down from N50.4 billion in Q1 2024. Despite the […]
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- April 15, 2025
SEC Begins Implementation of ISA 2025
The Securities and Exchange Commission (SEC) has officially commenced the implementation of the newly enacted Investments and Securities Act, 2025 (ISA 2025), following its recent signing into law by President Bola Tinubu. This legislation repeals the 2007 version of the Act and ushers in significant reforms aimed at modernising Nigeria’s capital market. A key change […]
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