Access Bank Plc has celebrated the 10th anniversary of the Access Bank Lagos City Marathon last Saturday, highlighting the platform’s ability to foster unity, promote healthy lifestyles, and showcasing African excellence on the global stage. Since its inception in 2016, the marathon has evolved into a premier event, attracting […]
Category: Capital Market
Capital Market
Nigerian Breweries Hits N1.1trn Mark In Revenue
Nigerian Breweries Plc, has released its audited Group Financial Statements for the financial year 2024, recording a revenue of N1.1trn. This represents a massive 81 per cent increase on the N599.6bn recorded in the corresponding period in 2023. According to a statement from the company, a further breakdown of the […]
Haldane McCall Grows Profit by 168% to N1.01bn in 2024 …Shareholders to approve N220.6m dividend
Haldane McCall Plc on Thursday announced its audited financial statement for the full year ended December 31, 2024 with profit before tax at N1.01 billion, a significant increase of 168 per cent when compared to N378 million reported in 2023 financial year. The Real Estate and Hospitality company […]
Berger Paints Urges Government To Tackle High Import Tariffs, Unfair Competition
Berger Paints Urges Government To Tackle High Import Tariffs, Unfair Competition Berger Paints Nigeria Plc has called on the Federal Government to address high import tariffs on essential raw materials and take measures to curb unfair competition from imported paints. The company made this appeal during a […]
Nestlé Launches Dairy Demonstration Farm ….Invests Over ₦1.8bn in Dairy Development
Nestlé Nigeria has launched a dairy demonstration farm in Paikon Kore, Federal Capital Territory, as part of its commitment to strengthening the local dairy industry. The company noted that the initiative, under the Nestlé Nigeria Livestock Development Project (NLDP), aims to enhance milk production and improve pastoralists’ livelihoods […]
Senate Seeks N10bn Fund for Capital Market Investor Education
Senate Seeks N10bn Fund for Capital Market Investor Education The Senate has proposed a N10 billion special fund for investor education in the capital market as part of the 2025 budget. According to the Senate, the initiative aims to raise awareness among Nigerians and attract more investors to the market. […]
Neimeth’s WHO-Compliant Plant to Strengthen Africa’s Pharma Supply Chain Under AfCFTA- Okelu
Neimeth International Pharmaceuticals Plc has said that the construction of a state-of-the-art, WHO-compliant pharmaceutical manufacturing facility in Amawbia, Anambra State, is a move poised to enhance Africa’s healthcare industry and solidify Nigeria’s role as a key player in regional pharmaceutical production. Speaking at a media parley in Lagos, the […]
Sales From Sugar Accounts For 48% Of BUA Foods Revenue As Food Inflation Soars
The Sugar division contributed 48 per cent to BUA Foods’s revenue in full year 2024 according to the company’s earnings release. Nigeria’s food inflation rate hit 39.84 per cent in December 2024, a 5.91 per cent increase from the 39.93 per cent recorded in December 2023, […]
Blockchain Technology Will Aid Market Regulation – SEC
The Director General of the Securities and Exchange Commission, Dr. Emomotimi Agama has emphasized that the deployment of blockchain technology will improve efficiency and aid the regulation of the capital market. Agama stated this during a session with a delegation from Algorand Foundation, at the Commission’s headquarters in Abuja. […]
Lagos State Govt., LCFE Unveil Investment Opportunities In Energy Sector
The Lagos State Government, in collaboration with Lagos Commodities and Futures Exchange (LCFE), has unveiled vast investment opportunities in electricity in the State at the weekend. Following the enactment of Lagos State Electricity Law 2024, which empowers the state government to generate its electricity , key stakeholders, highlighted potentials for […]