News
Vitafoam profit soars past ₦13bn through Q3 2026
Vitafoam Nigeria posted a 45% jump in nine-month net profit, fueled by a dramatic reduction in borrowing costs that unlocked billions in earnings capacity.
Damilola EsebameJul 30, 2026
Editorial
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Page 7 of 15.
News
BUA Foods flips a revenue dip into 12% profit growth
BUA Foods delivered wider margins and a bigger bottom line in H1 2026, even as topline revenue fell by more than ₦147 billion.
Damilola EsebameJul 30, 2026
News
Seplat unlocks $140m payout from NNPC JV stake sale
Seplat is trimming its stake in the NNPC-SEPNU joint venture, freeing cash for a special dividend and quicker debt paydown across 2026.
Hillary RemyJul 30, 2026
News
Seplat Energy sweetens Q2 with a rare 7-cent bonus payout
Seplat Energy declared its highest quarterly dividend on record at 12 cents per share, raising fresh questions about what fueled the rare bonus and whether it can last.
Peace LongeJul 30, 2026
News
Dangote Cement flips ₦683B debt to net cash in H1
Dangote Cement erased its entire net debt position and entered cash surplus territory within a single half-year reporting period.
Damilola EsebameJul 30, 2026
News
Airtel Africa surges to ₦6,381 new high on NGX
Airtel Africa just printed a fresh all-time high on the Nigerian Exchange, and the numbers behind the rally suggest this telecom giant may only be warming up.
Peace LongeJul 29, 2026
News
CBN reveals $109.9bn FX surge as private flows dominate
The CBN’s 2025 annual report shows autonomous inflows now account for nearly two-thirds of Nigeria’s foreign exchange supply, signaling a structural shift away from central bank-driven liquidity.
Hillary RemyJul 29, 2026
News
Nascon defies slow revenue with a 26% profit leap
Nascon Allied Industries posted its strongest half-year earnings in recent memory, but the profit surge hides a growing tension buried in its balance sheet.
Peace LongeJul 29, 2026
Taxes
Self-employed tax obligations in Nigeria: what you owe and when
The Nigeria Tax Act reshaped self-employed tax obligations for sole proprietors, and the real cost depends on which structure you choose.
Damilola EsebameJul 29, 2026
Taxes
TIN registration online in Nigeria — full 2026 walkthrough
Nigeria’s TIN registration online now runs through a single NRS portal, and millions of old TINs issued under the defunct JTB system need fresh verification before they work again.
Damilola EsebameJul 29, 2026
News
Okomu Oil defies the NGX with an 80% surge in 2026
Okomu Oil saw its share price nearly double in twelve months, but one analyst firm sees a steep fall ahead.
Peace LongeJul 28, 2026
News
Airtel Africa snaps up 1.5M more shares in five days
Airtel Africa’s buyback machine keeps grinding, with over 15 million shares now pulled from the open market since May
Damilola EsebameJul 28, 2026
News
NPF Microfinance Bank’s interest costs double in H1
NPF Microfinance Bank posted ₦2.04 billion in half-year profit, but a 121% spike in funding costs hints at deeper pressure beneath the surface.
Peace LongeJul 28, 2026
News
Ecobank’s $296m profit masks $238m in rising losses
Ecobank posted a healthy profit for the first half of 2026, but a 40% spike in impairment charges tells a different story beneath the surface.
Damilola EsebameJul 28, 2026
News
Malpass says naira blocks Nigeria’s path to 10% growth
Malpass argues one currency reform could unlock a transformation rivaling China’s 1993 boom, but the naira stands in the way.
Hillary RemyJul 28, 2026
Credit & Loans
Loan app interest rate caps in Nigeria: what CBN and FCCPC rules say
Nigeria has no statutory loan app interest rate cap, but FCCPC disclosure rules and CBN interest rate guidance shape what digital lenders can legally charge borrowers.
Damilola EsebameJul 27, 2026
Credit & Loans
Lowest interest rate loan apps in Nigeria 2026
Most apps advertise weekly or daily rates that mask steep annual costs, so finding the lowest interest rate loan app in Nigeria demands a closer look at the math behind the numbers.
Damilola EsebameJul 27, 2026
News
FCMB Group stuns with 90% profit jump in H1 2026
FCMB Group posted its strongest half-year profit in years, but a steep climb in loan-loss provisions tells a more complicated story.
Hillary RemyJul 27, 2026
News
United Capital profit soars 77% in half-year blitz
United Capital posted one of its strongest half-year results on record, but the real story hides inside one revenue line that barely registered twelve months ago.
Peace LongeJul 27, 2026
News
NGX Group profit surges to ₦10.4bn in six months
NGX Group’s transaction fees surged 169% in the first half of 2026, lifting the exchange operator’s earnings to levels that took all of 2025 to reach.
Damilola EsebameJul 27, 2026
News
Seplat Energy breaks its 52-week high on a split NGX
Seplat Energy, Nigeria’s most expensive stock surged past ₦11,600 resistance while the broader market shed ₦305 billion in a single session.
Peace LongeJul 25, 2026
News
TotalEnergies Nigeria hits limit down on just 30 shares
TotalEnergies Nigeria’s stock crashed 10% on just 30 traded shares, exposing what a tight float and vanishing liquidity can do to a loss-making giant.
Damilola EsebameJul 25, 2026
News
Nigeria’s circulating cash slips to ₦5.52trn in June
The CBN’s latest monetary data shows a sharp monthly drop in physical cash, but the real story may be what’s pulling money back into the banking system.
Hillary RemyJul 25, 2026
News
Aradel Holdings slides 8% days after ₦23 dividend
Aradel Holdings, one of Nigeria’s largest indigenous oil stocks, has shed over 30% from its 52-week peak, and the stock continues to bleed value.
Damilola EsebameJul 24, 2026
News
MTN Nigeria sits flat at ₦850 as blue chips split
MTN Nigeria barely moved on July 23 while premium banking stocks rallied and several large-caps crashed into the daily limit.
Peace LongeJul 24, 2026
News
Tax Ombud details plan to rebuild taxpayer trust
Nigeria’s first Tax Ombud rolls out a digital complaint system and international partnerships to repair citizens’ fractured confidence in the country’s revenue agencies.
Tobi Opeyemi AmureJul 24, 2026
News
Trump slaps 12.5% tariff on imports from Nigeria
Nigeria lands in the 12.5% tariff tier as Washington rolls out new trade duties on 60 economies, and the fallout could reshape a $15 billion commercial relationship.
Damilola EsebameJul 24, 2026
Credit & Loans
Loan app scams in Nigeria: warning signs and how to protect yourself
Loan app scams in Nigeria now range from upfront fee traps to phishing clones of trusted platforms, and the FCCPC has blacklisted dozens of offenders this year alone.
Damilola EsebameJul 23, 2026
Credit & Loans
How to report a predatory loan app to FCCPC and CBN
Knowing how to report a loan app to FCCPC can stop harassment, protect your data, and hold predatory lenders accountable under Nigeria’s digital lending regulations.
Damilola EsebameJul 23, 2026
News
Airtel Nigeria’s revenue soars 50% as naira rallies
Airtel posted a blockbuster Nigerian quarter, but a closer look at the numbers reveals a tug-of-war between organic growth and a currency windfall.
Tobi Opeyemi AmureJul 23, 2026
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