Category : Corporate News


Alstom's Profits Surge on Global Rail Demand

French rail giant Alstom posts a net income of €220 million in H1 2025-2026, driven by strong global demand for trains and infrastructure. Revenue growth forecast upgraded.

Seplat Energy earns ISO 45001:2018 Certification

Seplat Energy PLC has secured the ISO 45001:2018 certification, reinforcing its commitment to operational excellence and workforce wellbeing. Discover how this milestone sets a new safety benchmark in Nigeria's energy sector.

Ikea Profits Drop 32% on Price Cuts, Tariff Costs

Ikea's annual profits fell sharply to €1.5 billion. The furniture giant invested billions to lower prices, boosting sales volume but facing higher US tariff costs. Discover the full financial impact.

Neimeth Pharmaceuticals Profit Soars 120%

Neimeth International Pharmaceuticals records massive 120% operating profit growth as strategic marketing expansion and cost management deliver outstanding results in Nigerian healthcare sector.

Stanbic IBTC Announces Major Leadership Appointments

Stanbic IBTC Holdings PLC has unveiled significant leadership changes with the appointment of new executives across key business units, reinforcing the company's commitment to innovation and market leadership in Nigeria's financial sector.

Sola Oni at 65: Legacy of Integrity and Impact

Explore the remarkable journey of Sola Oni - stockbroker, journalist, and corporate communications expert whose 65 years embody integrity, intellect, and transformative impact across Nigerian media and finance sectors.

BRIPAN Reforms Nigeria's Insolvency Practice Nationwide

The Business Recovery and Insolvency Practitioners Association of Nigeria (BRIPAN) is spearheading a nationwide initiative to strengthen Nigeria's insolvency framework, enhance practitioner expertise, and boost investor confidence through comprehensive re

Lafarge on Trial for Terror Funding in Syria

Lafarge, the global cement manufacturer, faces landmark terrorism financing charges in Paris for allegedly paying millions to extremist groups including Islamic State to maintain operations in Syria.

Transcorp Records 39% Revenue Growth in Nine Months

Transnational Corporation of Nigeria (Transcorp) has announced impressive financial results, recording a massive 39% revenue growth to N123 billion in the first nine months of 2023, signaling strong recovery and strategic success.

Nigerian billionaire becomes Africa's 4th richest man

Nigerian telecom and oil magnate Mike Adenuga has surged past Egyptian billionaire Nassef Sawiris to claim the fourth spot on Africa's wealth ranking, marking a significant shift in the continent's billionaire landscape.

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