PwC, EY Hold 35.9% Nigeria Audit Market
PricewaterhouseCoopers (PwC) and Ernst & Young (EY) jointly commanded an estimated 35.9% of Nigeria's corporate audit market in 2025, according to a new industry report.
Category : Corporate News
CAP PLC Sandtex Paint Challenge Grand Finale
Chemical and Allied Products Plc (CAP PLC) hosted the grand finale of the Sandtex Paint Your Dream Challenge in Lagos, awarding ₦1,000,000 to Sango Senior Secondary School as Grand Champion, reaffirming commitment to youth creativity.
AMCON Assets Dip 29.8% to N1.29 Trillion Wind-Down
AMCON's total assets fell by 29.8% to N1.29 trillion in 2025 as the corporation accelerates its wind-down process, selling off remaining portfolios.
Northern Senators Condemn Benue, Kaduna Attacks Killing Over 40
Northern Senators Forum condemns attacks in Benue and Kaduna that killed over 40 people, calls for justice and support for displaced families, while welcoming army expansion.
Okomu Oil H1 2026 Pre-Tax Profit Falls 12% to N59B
Okomu Oil's pre-tax profit dropped 12% in H1 2026 to N59 billion, driven by higher costs and lower production, according to its financial report.
Dimension Data Raises N4.05 Billion Bond Tranche
Dimension Data has successfully raised N4.05 billion in the first tranche of its N20 billion bond programme, with a 10-year tenor and 16.5% coupon rate.
Segilola Hands Over Minibuses to Osun Communities
Segilola Resources Operating Limited handed over nine commercial minibuses and provided business support to beneficiaries under its Youth Empowerment Programme in Osun State host communities.
FCMB Group H1 2024 Profit Surges 90.5% to N139.9 Billion
FCMB Group reported a 90.5% increase in net profit to N139.9 billion for H1 2024, driven by revenue growth, cost management, and digital expansion.
Global HIV funding sees steepest decline in 2025
International donor funding for HIV fell 25% in 2025, the largest single-year drop, driven by US cuts. UNAIDS warns the global response is at risk.
FIFA Proposes $20B Commercial Arm; UEFA Raises Concerns
FIFA unveils a $20 billion commercial entity to centralize rights sales, but UEFA warns of governance risks and potential conflict of interest.
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Dangote's Daughter Shares Father's 33% Wealth Donation Plan
Halima Dangote reveals her father Aliko Dangote's plan to donate 33% of his wealth to charity, aligning with Sharia code and involving family in the will.
Insurance Stocks Drive NGX Rebound, Investors Recover N481Bn
Insurance sector stocks lifted the Nigerian Exchange in July 2026, helping investors recoup N481 billion in market value after weeks of decline, according to trading data.
Africa Prudential H1 2026 Strategy: Digital Growth
Africa Prudential reported strong H1 2026 results, driving growth through digital transformation and operational efficiency, with a 25% revenue increase.
Nigerian Enamelware Finance Director Lawrence Iseh Dies
Nigerian Enamelware has announced the death of its Finance Director Lawrence Iseh, who served the company for 18 years and was instrumental in its financial stability.
HBM Nigeria H1 2026 Profit Hits N317.73 Billion, N16 Dividend
HBM Nigeria reported a 59.08% rise in pre-tax profit to N317.73 billion for H1 2026, driven by strong cement revenue and lower finance costs, and declared an interim dividend of N16 per share.
Aliko Dangote Plans $11.7 Billion Charity Donation in Succession
Africa's richest man Aliko Dangote plans to allocate 33% of his $35.1 billion fortune, approximately $11.7 billion, to philanthropy as part of his family succession plan, his daughter Halima Dangote has confirmed.
Nigeria Manufacturers Sink Deeper No Relief
Nigerian manufacturers face crippling costs and policy paralysis, pushing many to the brink of collapse with no government relief in sight.
How to Reply to a Query Letter for Misconduct Guide
Learn how to professionally respond to a query letter for misconduct at work or school with expert tips, sample responses, and key takeaways to avoid disciplinary action.
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Candle's DOOH Transforms Ghana World Cup with Club Beer
Candle's programmatic DOOH campaign for Club Beer turned Ghana's largest billboard into a live World Cup scoreboard, reaching 1.43 million individuals and generating 54 million impressions.
Samsung Galaxy Z Fold8 Series: Prices in Naira & AI Features
Samsung unveils Galaxy Z Fold8 Ultra, Fold8, and Flip8 at London event. Prices range from ₦2.54 million to ₦5.73 million. New passport-shaped design, upgraded AI, and improved durability.
Sir Ian Wood, oil billionaire and Wood Group founder, dies at 84
Sir Ian Wood, the billionaire founder of Wood Group and one of Scotland's richest men, has died peacefully at his home in Aberdeen at the age of 84.
NGX Group Posts N14.76 Billion H1 Pre-Tax Profit
NGX Group announced a pre-tax profit of N14.76 billion for H1 2026 and declared an interim dividend of N1.30 per share, reflecting strong financial performance.
Champion Breweries H1 Pre-Tax Profit Falls 34.1% to N2.28bn
Champion Breweries reported a 34.1% decline in pre-tax profit to N2.28 billion for H1 2026, amid rising costs and challenging economic conditions.
US Embassy in Nigeria Announces 7 Job Openings in USD
The US Embassy in Nigeria has released seven job vacancies with salaries paid in dollars, ranging from $19,951 to $54,485 per year, with deadlines starting July 24, 2026.
US Embassy Nigeria Lists 5 Available Jobs for Qualified Applicants
The US Embassy in Nigeria has opened its Electronic Recruitment Application portal for five job vacancies, including a Vegetarian Chef and Agricultural Specialist, with deadlines up to August 4, 2026.
Patreon Lays Off 20% of Workforce in Tech Restructuring
Patreon has laid off 20% of its workforce, affecting 80 employees, as part of a broader tech industry restructuring wave. The CEO cited the need to streamline operations and focus on core priorities.
US Imposes 12.5% Tariff on Nigerian Imports
The United States has imposed a 12.5% tariff on Nigerian imports, citing forced labour concerns. This move targets key exports and could impact Nigeria's trade balance.
Exceptional Performance: The Bridge to Promotion
David's story shows how taking extra responsibility and delivering exceptional results led to his promotion as Operations Manager, proving that performance attracts opportunity.
Aisha Achimugu cries out over EFCC persecution, seeks justice
Aisha Achimugu, a Nigerian business leader, accuses EFCC of a sustained campaign of calumny, intimidation, and asset seizure, threatening her life and investments.
NDIC Pays Depositors of 46 Failed Microfinance Banks
The NDIC has started paying insured deposits to customers of 46 microfinance banks whose licences were revoked by the CBN, with payments up to N2 million via BVN-linked accounts.
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