Top Stories - Page 2

FBN Holding Appoints Otedola As Chairman Days After Return To Forbes African Billionaires

Femi Otedola’s Geregu Power Suffers Revenue, Profit Decline

Geregu Power, the electric power generation, transmission and distribution company largely owned by Nigerian billionaire, Femi Otedola, failed to beat its topline and bottom line projections for the first quarter (Q1) of

Prime Business Africa

April 25, 2025

21 International Airlines Operating In Nigeria

Business·Top Stories

NAHCO, Skyway… Most Profitable Stocks In Aviation Sector

Out of the three aviation companies listed in the Nigerian stock market, Nigerian Aviation Handling Co (NAHCO) and Skyway Aviation Handling Co. Plc were the most profitable in the first quarter (Q1)

Prime Business Africa

April 25, 2025

Business·Top Stories

Nigeria’s Stock Market Cap Rises By N508bn After Trading Hours

The market capitalisation increased from N66.15 trillion reported on Wednesday, April 23, to N66.66 trillion on Thursday, April 24, after the all-share index (ASI) appreciated marginally by 0.75 percent. Data provided by

Prime Business Africa

April 24, 2025

Transcorp Hotels Enhances Aura Digital Platform To Increase Bookings, Generate More Revenue

Business·Top Stories

Transcorp Hotels shareholders Gain N198bn As Ikeja Hotel Investors Lose N4.43bn

Transcorp Hotels outperformed Ikeja Hotel in the Nigerian stock market in the first quarter (Q1) of 2025, according to analysis by Prime Business Africa. It was gathered that Transcorp Hotels’ shareholders saw

Prime Business Africa

April 24, 2025

Business·Top Stories

AIICO Insurance’s profit falls below N16.72bn forecast

The total premium collected by AIICO Insurance in 2024 was N159.31 billion, 44.67 percent higher than the N110.11 billion paid by policyholders in 2023. Checks by Prime Business Africa showed that the

Prime Business Africa

April 24, 2025

Business·Top Stories

Stock Market Cap Up By N341.86bn Despite MRS, Abbey Mortgage’s Shares Declining

On Wednesday, April 23, the Nigerian bourse market capitalisation rose by N341.86 billion, rising from N65.81 trillion on Tuesday, April 22, to N66.15 trillion. This was on the back of a 0.51

Prime Business Africa

April 23, 2025

Business·Top Stories

Best And Worst Performing Brewery Companies In Nigeria’s Stock Market

The valuation of the Nigerian drink or brewery industry in the Nigerian stock market appreciated by 0.94 percent or N20.02 billion in the first quarter of 2025, according to analysis by Prime

Prime Business Africa

April 23, 2025

Wema Bank In Search Of N25 billion, Target Private Investors

Business·Top Stories

Wema Bank records N433bn revenue, net income increases by 139.7%

Wema Bank closed 2024 with N433.43 billion gross earnings, surpassing the N226.91 billion revenue generated in 2023, indicating a year-on-year growth of 91 percent. According to the company’s annual report for the

Prime Business Africa

April 23, 2025

Business·Top Stories

International Breweries, Nigerian Breweries, Others Earn N317.84bn As Stock Trading Resumes

After a two-day break to celebrate Easter, the Nigerian stock market resumed trading for the week with a 0.48 percent or N317.84 billion increase in its equity capitalisation. Data obtained from the

Prime Business Africa

April 22, 2025

Sunu Assurances, Veritas, Prestige Among 5 Worst-Performing Insurance Stocks In Q1

Business·Top Stories

Sunu Assurances, Veritas, Prestige Among Five Worst-Performing Insurance Stocks In Q1 2025

Out of 20 insurance companies listed in the Nigerian stock exchange, 13 insurers recorded a decline in their stock performance in the first quarter (Q1) of 2025. Analysis by Prime Business Africa

Prime Business Africa

April 22, 2025

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Top Stories - Page 2

Femi Otedola’s Geregu Power Suffers Revenue, Profit Decline

NAHCO, Skyway… Most Profitable Stocks In Aviation Sector

Nigeria’s Stock Market Cap Rises By N508bn After Trading Hours

Transcorp Hotels shareholders Gain N198bn As Ikeja Hotel Investors Lose N4.43bn

AIICO Insurance’s profit falls below N16.72bn forecast

Stock Market Cap Up By N341.86bn Despite MRS, Abbey Mortgage’s Shares Declining

Best And Worst Performing Brewery Companies In Nigeria’s Stock Market

Wema Bank records N433bn revenue, net income increases by 139.7%

International Breweries, Nigerian Breweries, Others Earn N317.84bn As Stock Trading Resumes

Sunu Assurances, Veritas, Prestige Among Five Worst-Performing Insurance Stocks In Q1 2025

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