Top Stories - Page 3

Seplat’s Financial Performance Fails To Save Shareholders From N432bn Loss

Despite an impressive financial performance in the first quarter (Q1) of 2025, Seplat is struggling to attract stock market investors in the second quarter, according to Prime Business Africa’s analysis. In the

Prime Business Africa

June 5, 2025

Business·Top Stories

753% Increase In Finance Income Boosts BUA Foods’ Profit Before Tax

In its unaudited financial statements for the first quarter (Q1) of 2025, BUA Foods reported that N442.06 billion in revenue was generated during the period, compared to the N356.92 billion turnover posted

Prime Business Africa

June 5, 2025

NGX Suspends Trading In Unity Bank, Guinea Insurance, 6 Other Companies’ Shares

Business·Top Stories

Oando Leads Stock Market Gainers’ List, Meyer Among Losers

The stock market capitalisation increased by N223.38 billion on Wednesday, June 4, after the all-share index (ASI) appreciated by 0.31 per cent. According to trading data released by the Nigerian Exchange Limited

Prime Business Africa

June 4, 2025

Business·Top Stories

GTCO’s Profit Dropped To N258bn In Q1 2025

Guaranty Trust Holding Company (GTCO) reported N397.38 billion interest income in the first quarter (Q1) of 2025, up 41.09 per cent from N281.65 billion recorded in Q1 last year. However, interest expense

Prime Business Africa

June 4, 2025

Business·Top Stories

Legend Internet Struggling To Attract Investors After Poor Financial Performance

On April 25, Legend Internet successfully listed on the Nigerian Exchange Limited (NGX), however, a month later, the company has not successfully convinced the stock market investors that it is a profitable

Prime Business Africa

June 4, 2025

Metering All Consumers Only Way To Increase Revenue Collection By DisCos, Not Tariff Hike - Expert

Power·Top Stories

Nigerian Govt To Rollout Over Six Million Meters By Q4 2025

In its quest to close the metering gap in Nigeria, the Federal Government has disclosed plans to roll out over six million meters to end users at no cost, latest by the

Victor Ezeja

June 3, 2025

The equity market closed in positive territory for the second time this week as stocks rose by 0.04%. Investors traded N15.07bn worth of shares.

Business·Top Stories

Stock Market Cap Hits N70.89trn As SCOA, Honeywell Flour, Others Gain N259.48bn

At the end of trading on Tuesday, June 3, the valuation of the Nigerian stock market increased by N259.48 billion to N70.89 trillion, from N70.63 trillion on Monday, June 2. Likewise, the

Prime Business Africa

June 3, 2025

Zenith Bank Records 117% Gross Earnings Growth In H1 2024

Business·Top Stories

Zenith Bank’s Revenue Increased To N949.85bn, Profit Grew By 20.70% In Q1 2025

Zenith Bank’s revenue for the first quarter (Q1) of 2025 increased by 21.68 percent to N949.85 billion, up from N780.61 billion generated in the same quarter in 2024. The lender, in its

Prime Business Africa

June 3, 2025

UNGA: What Tony Elumelu Says About President Tinubu’s NASDAQ Bell Ringing-VIDEO

Business·Top Stories

Tony Elumelu’s Investment in UBA Increases To N133bn After Acquiring 1.26bn Shares

Tony Elumelu, the chairman of the United Bank for Africa (UBA), has increased his stake in the financial institution to per cent, according to Prime Business Africa’s analysis. In a ‘Dealing by

Prime Business Africa

June 3, 2025

Business·Top Stories

Nigerian Bourse’s Valuation Up By N172.74bn As Multiverse, Neimeth Post Gains

An improvement in the share value of Multiverse, Neimeth, amongst others led to the stock market capitalisation increasing from N70.46 trillion reported on Friday, May 30, to N70.63 trillion on Monday, June

Prime Business Africa

June 2, 2025

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Top Stories - Page 3

Seplat’s Financial Performance Fails To Save Shareholders From N432bn Loss

753% Increase In Finance Income Boosts BUA Foods’ Profit Before Tax

Oando Leads Stock Market Gainers’ List, Meyer Among Losers

GTCO’s Profit Dropped To N258bn In Q1 2025

Legend Internet Struggling To Attract Investors After Poor Financial Performance

Nigerian Govt To Rollout Over Six Million Meters By Q4 2025

Stock Market Cap Hits N70.89trn As SCOA, Honeywell Flour, Others Gain N259.48bn

Zenith Bank’s Revenue Increased To N949.85bn, Profit Grew By 20.70% In Q1 2025

Tony Elumelu’s Investment in UBA Increases To N133bn After Acquiring 1.26bn Shares

Nigerian Bourse’s Valuation Up By N172.74bn As Multiverse, Neimeth Post Gains

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