FCMB Group Plc: Strong Financial Position Reflected in Q1 2025 Earnings and Cash Flow Forecasts
Introduction First City Monument Bank (FCMB) Group Plc has projected a robust financial performance for the first quarter ending March 31, 2025. The forecast, released through the company’s corporate disclosure,…
Chappal Energies Seals $1.2 Billion Deal to Acquire Equinor Nigeria, Expanding Its Upstream Footprint
In a landmark transaction, Chappal Energies, a leading Nigerian-owned energy company, has finalized the acquisition of Equinor Nigeria Energy Company (ENEC) in a deal worth up to $1.2 billion. The…
Seplat’s Revenue Boom: NGN 1.8 Trillion in Annual Sales Fuels Market Confidence
In a stunning testament to its resilience and strategic growth, Seplat Energy Plc has recorded a significant leap in its annual sales, hitting an unprecedented NGN 1.8 trillion for the…
Seplat Leadership Under Scrutiny as Land Dispute in Delta Sparks Public Outcry
Seplat Energy Plc, a leading player in Nigeria’s oil and gas sector, finds itself at the center of controversy as a land dispute in Delta State has sparked public outcry.…
CEO’s Strategic Vision Pushes Seplat to NGN 2.8 Trillion Market Cap Milestone
Seplat Energy Plc has achieved yet another remarkable milestone, reaching a market capitalization of NGN 2.8 trillion. This feat underscores the company’s robust performance and the visionary leadership of its…
OPEC+ Prolongs Oil Supply Cuts Until March: Implications for Global Oil Prices and Nigeria’s Oil Earnings
December 5, 2024 – Global and Nigerian Oil Market Analysis The Organization of Petroleum Exporting Countries and its allies (OPEC+) has announced an extension of its oil supply cuts through…
Transcorp Appoints Atinuke Kolade as New Group Company Secretary
Lagos, Nigeria – December 5, 2024 Transnational Corporation Plc (Transcorp), a leading African conglomerate, has announced the appointment of Ms. Atinuke Kolade as the Group Company Secretary, effective December 3,…
Insider Confidence Boosts Aradel Holdings as Shares Worth ₦48.6M Purchased
Lagos, Nigeria – December 5, 2024 Aradel Holdings Plc, a key player in Nigeria’s energy and infrastructure sectors, has disclosed a recent insider share transaction. This notification underscores the company’s…
ABC Transport Plc: A Year in Review and What Investors Need to Know
Lagos, Nigeria – December 2024 ABC Transport Plc, a leader in road transportation and logistics services within Nigeria and the West African sub-region, recently released its audited financial statements for…
Prestige Assurance Plc Prepares for 2025 with Upcoming Board Meeting
Lagos, Nigeria – December 5, 2024 Prestige Assurance Plc has announced a hybrid meeting of its Board of Directors to be held on Tuesday, December 17, 2024, at its headquarters…