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Top Stories - Page 52

Police to Resume Enforcement of Tinted Glass Permit January 2

The Nigeria Police Force (NPF) has announced plans to resume nationwide enforcement of the Tinted Glass Permit policy from January 2, 2026, citing growing security threats linked to the use of unauthorised tinted vehicle glasses, Prime Business Africa reports. The announcement was

December 16, 2025

Business·Top Stories

Morison Reduces Pretax Loss To N3.89m As Revenue Rises 95%

Morison Industries saw a 95.87 percent growth in its revenue in the first half (H1) of 2025, as turnover increased to N225.73 million, surpassing the N115.24 million grossed between January and June 2024. In the company’s unaudited financial reports for the first

August 22, 2025

Business·Top Stories

NGX Rebounds With N424.96bn Gain, FTN Cocoa, Beta Glass Lead Recovery

On Friday, August 22, the stock market gained N424.96 billion after the market capitalisation of the Nigerian Exchange Limited (NGX) grew to N89.20 trillion, from the N88.78 trillion posted on Thursday, August 21. This followed a 671.7 basis points gain recorded by

August 22, 2025

Business·Top Stories

Champion Brew’s Stock Outperforms Guinness, Nigerian Breweries, International Breweries In H1 2025

The brewery companies in the Nigerian Exchange Limited (NGX), also known as the stock market, closed the first half (H1) of 2025 on a high as the shares of Champion Brew, Nigerian Breweries, Guinness, and the International Breweries soared during the period.

August 22, 2025

News·Top Stories

The Economic and Financial Crimes Commission (EFCC) has declared Abdullahi Bashir Haske, a businessman and son-in-law of former Vice President Atiku Abubakar, wanted over an alleged case of criminal conspiracy and money laundering. In a public notice signed by its Head of

August 22, 2025

Business·Top Stories

BUA Cement, UPL Drag Stock Market Cap Down By N780.64bn

The market capitalisation of the Nigerian Exchange Limited (NGX), also known as the Nigerian stock market, depreciated by N780.64 billion to N88.78 trillion on Thursday, August 21. According to the data obtained by the NGX, the bourse had closed trading on Wednesday,

August 21, 2025

Business·Top Stories

Shareholders Of Infinity Trust Mortgage Bank Record Biggest Loss In 2025 After PenCom Blacklist Firm

At the end of trading on Wednesday, August 20, the shares of Infinity Trust Mortgage Bank were dumped following the National Pension Commission (PenCom) clampdown on the company for flouting housing loan rules. Prime Business Africa gathered that the share price of

August 21, 2025

Business·Top Stories

Prestige Assurance’s Failure To Curb Expenses Results In 81% Drop In Profit

Prestige Assurance said it surpassed the N11.57 billion gross premium reported for the first half (H1) of 2024, after recording N15.32 billion in the same period this year, reflecting an increase of 32 percent. According to the company’s unaudited financial statements for

August 21, 2025

Business·Top Stories

Oil Billionaires Who Recorded Losses In H1 2025

Five major investors of oil companies listed on the Nigerian Exchange Limited (NGX), also known as the Nigerian stock market, recorded a decline in their investments within the first half (H1) of 2025, according to Prime Business Africa’s analysis. PBA gathered that

August 20, 2025

Business·Top Stories

Conoil, Ellah Lakes Among Losers As Stock Market Cap Drops By N662.50bn

Over N662.50 billion was lost in the Nigerian stock market on Wednesday, August 20, after the market capitalisation of the bourse dropped to N89.56 trillion, from the previous day’s N90.22 trillion. The decline followed a 1,047.17 basis points loss by the all-share

August 20, 2025

Business·Top Stories

Jaiz Bank Grows Revenue By 25%, Records N7.62bn Profit In Three Months

Jaiz Bank ended the second quarter (Q2) of 2025 with N23.49 billion gross earnings, compared to the N18.72 billion reported in the corresponding period in 2024, indicating an increase of 25.45 percent. The financial institution announced the increase in its unaudited financial

August 20, 2025

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CBN Holds Interest Rate At 27% — Fourth Time In 2025

The monetary policy committee (MPC) of the Central Bank of

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Top Stories - Page 52

Police to Resume Enforcement of Tinted Glass Permit January 2

Morison Reduces Pretax Loss To N3.89m As Revenue Rises 95%

NGX Rebounds With N424.96bn Gain, FTN Cocoa, Beta Glass Lead Recovery

Champion Brew’s Stock Outperforms Guinness, Nigerian Breweries, International Breweries In H1 2025

BUA Cement, UPL Drag Stock Market Cap Down By N780.64bn

Shareholders Of Infinity Trust Mortgage Bank Record Biggest Loss In 2025 After PenCom Blacklist Firm

Prestige Assurance’s Failure To Curb Expenses Results In 81% Drop In Profit

Oil Billionaires Who Recorded Losses In H1 2025

Conoil, Ellah Lakes Among Losers As Stock Market Cap Drops By N662.50bn

Jaiz Bank Grows Revenue By 25%, Records N7.62bn Profit In Three Months

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Police to Resume Enforcement of Tinted Glass Permit January 2

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Police to Resume Enforcement of Tinted Glass Permit January 2

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