Nigerian insurance tycoon Wole Oshin's Custodian posts $42 million nine-month profit
Custodian Investment, the Nigerian insurance group run by tycoon Wole Oshin, lifted nine-month profit 26% to ₦57.6 billion as interest income more than tripled.
Nigerian Exchange
Nigerian tycoon Fidelis Ayebae’s Fidson Healthcare lifts nine-month profit 47% as currency losses vanish
Nigerian tycoon Fidelis Ayebae’s Fidson Healthcare lifted nine-month profit 47% to N11.74 billion as revenue rose 21% and currency losses nearly vanished.
Nigerian banker Segun Agbaje’s GTCO nine-month profit falls 12% to $463 million as funding costs surge
Nigerian banker Segun Agbaje’s GTCO posted a 12% drop in nine-month profit to $463 million, as funding costs jumped 28% and its tax bill rose.
Nigerian billionaire Aliko Dangote's cement company posts $714 million nine-month profit
Nigerian billionaire Aliko Dangote’s Dangote Cement lifted nine-month profit 31% to $734 million as finance costs fell 58% and its shares extended their rally.
Airtel Africa pushes NGX up 0.85% as its shares rally by 10%
Airtel Africa surged 10 percent to top gainers, lifting the Nigerian Exchange by 0.85 percent as investors rotated into fundamentally strong stocks.