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Top Stories - Page 55

Neimeth Suffers N2bn FX Loss, Records 50% Decline In Loss After Tax

Neimeth Generates N3.09bn From Drug Sales In Nine Months

Neimeth International Pharmaceuticals Plc generated N5 billion in the first nine months of 2025, surpassing the N3.09 billion turnover recorded in the corresponding period in 2024, representing a 62 percent growth. The drug maker, in its financial statements for the period ended

December 16, 2025

Business·Top Stories

Stock Market Cap Increases By N110.77bn As ASI Rises 0.12%

A 0.12 percent increase in the all-share index (ASI) of the Nigerian Exchange Limited (NGX) led to the bourse’s market capitalisation rising by N110.77 billion on Tuesday, August 12. According to data obtained from the NGX, the market capitalisation of the Nigerian

August 12, 2025

Business·Top Stories

Mutual Benefits Assurance Records N41.19bn Revenue In H1 2025

Mutual Benefits Assurance has reported revenue of N41.19 billion in the first half (H1) of 2025, above the N28.49 billion generated as turnover in H1 2024, representing a 45 percent increase. Also, service expense increased by 15 percent year-on-year, according to the

August 12, 2025

Business·Top Stories

New Investor Quietly Takes Over As Majority Shareholder Of Sovereign Trust Insurance

Power has changed hands in Sovereign Trust Insurance as New Eagle Millenium Limited quietly takes over as the majority shareholder of the company. While Sovereign Trust did not announce it through the director’s dealings platform of the Nigerian Exchange Limited (NGX), in

August 12, 2025

News·Top Stories

Lagos Airport Paralysis Continues As Blind Protesters Hold Ground, Passengers Stranded

Access to the Murtala Muhammed International Airport, Lagos, remained blocked on Monday afternoon as visually impaired protesters refused to vacate Airport Road, leaving travellers stranded and uncertain about how to proceed. Airport users appeared displaced and confused, with security personnel unable to

August 11, 2025

Business·Top Stories

NGX Rebounds With N79.61bn Gain

The stock market capitalisation of the Nigerian Exchange Limited (NGX) marginally increased by N79.61 billion to N92.29 trillion on Monday, August 11, from N92.21 trillion reported on Friday, August 8. Similarly, the all-share index (ASI) expanded by 125.86 basis points to 145,880.77

August 11, 2025

News·Top Stories

Blind Protesters at Lagos Airport Demand Reopening of Farmcraft Training Centre, Public Meeting With Government

A protest by visually impaired persons that paralysed access to the Murtala Muhammed International Airport, Lagos, on Monday has been linked to the prolonged closure of Farmcraft, Nigeria’s only federal training centre for the blind, as well as broader concerns over welfare,

August 11, 2025

News·Top Stories

Military, Police move in As Blind Protesters Disrupt Access To Lagos Airport

A protest by a group of visually impaired persons on Monday paralysed road access to the Murtala Muhammed International Airport, Lagos, forcing passengers to abandon vehicles and resort to commercial motorbikes to make their flights. Eyewitnesses told Prime Business Africa that the

August 11, 2025

Business·Top Stories

AXA Mansard’s Profit Drops 95% To N586m In Q2 2025

Over N40.82 billion was generated by AXA Mansard in the second quarter (Q2) of 2025, surpassing the N33.77 billion recorded in the corresponding period in 2024, representing a 20.86 percent increase. AXA Mansard announced the turnover in its unaudited financial statement for

August 11, 2025

Business·Top Stories

State Of India No Longer 5% Stakeholder In Sterling Bank’s Parent Company

The State of India is no longer a 5 percent stakeholder in Sterling Financial Holdings Company, the parent company of Sterling Bank, following the financial institution’s share dilution in the second quarter (Q2) of 2025. Sterling Financial Holdings had conducted a rights

August 11, 2025

Business·Top Stories

Nigeria’s FDI Drops 70% Despite Rise In Capital Importation

Nigeria’s foreign direct investment (FDI) has indeed experienced a sharp decline, dropping by 70.06 per cent in the first quarter (Q1) of 2025 to $126.29 million, down from $421.88 million in Q4 2024. This is even at the country recorded a 67 per cent year-on-year rise in total

August 9, 2025

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Bank of Japan Poised to Lift Rates to 30-Year High as Inflation Pressures Persist

The Bank of Japan (BOJ) is set to raise its

SEC Orders Full Registration of Tradable Instruments by January 2026

The Securities and Exchange Commission (SEC) has ordered all Capital

UK Targets Sugary Milk Drinks as Government Tightens Health Levy

The UK Labour government has expanded its existing sugar tax

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 26th November 2025

What is the dollar-to-naira exchange rate on the black market,

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Top Stories - Page 55

Neimeth Generates N3.09bn From Drug Sales In Nine Months

Stock Market Cap Increases By N110.77bn As ASI Rises 0.12%

Mutual Benefits Assurance Records N41.19bn Revenue In H1 2025

New Investor Quietly Takes Over As Majority Shareholder Of Sovereign Trust Insurance

Lagos Airport Paralysis Continues As Blind Protesters Hold Ground, Passengers Stranded

NGX Rebounds With N79.61bn Gain

Blind Protesters at Lagos Airport Demand Reopening of Farmcraft Training Centre, Public Meeting With Government

Military, Police move in As Blind Protesters Disrupt Access To Lagos Airport

AXA Mansard’s Profit Drops 95% To N586m In Q2 2025

State Of India No Longer 5% Stakeholder In Sterling Bank’s Parent Company

Nigeria’s FDI Drops 70% Despite Rise In Capital Importation

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Neimeth Generates N3.09bn From Drug Sales In Nine Months

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Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 26th November 2025

Neimeth Generates N3.09bn From Drug Sales In Nine Months

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