Guinness declares N265bn revenue, PAT up 53% to N25.3bn
By Etop Ekanem Guinness Nigeria Plc has reaffirmed its confidence in the strength and future of its business, as the Company enters a new phase of growth underpinned by improved profitability, a significantly stronger balance sheet and continued investment in its brands, manufacturing capabilities and route to market. The company shared this outlook during its […]
Why family businesses face extinction – LBS
The warning formed the crux of deliberations at a session hosted by LBS under its Family Business Initiative, examining weak governance
Electricity woes worsen as DisCos record N2.4trn in financial losses
•Rising debt restricts power generation •Consumers slam DisCos for non-transparency, demand mass metering •Operators knock Presidency over exit from national grid By Obas Esiedesa At the backdrop of worsening power supply to offices and homes, Electricity Distribution Companies (DisCos) have recorded a combined loss of N2.349 trillion over the past two years due to billing and collection […]
VANGUARD ECONOMIC SUMMIT: Public, private sector leaders set to play lead roles
•Cabinet ministers, UN agencies lead discussions •Private sector leaders sign up By Emeka Anaeto, Business Editor Activities ahead of the hosting the 2026 edition of Vanguard Economic Summit (VES’26) have reached advanced stage with key partners gearing up for incisive discussions around the Summit theme. Themed, “Food Security and Socio-economic Stability: Options for Nigeria’s Agriculture Sector Rebound”, […]
NGX extends rally as investors reap N1.8trn in 3 days
By Peter Egwuatu Trading on the Nigerian Exchange (NGX) closed Week on Week, WoW, on a positive note, as investors reaped over N1.765 trillion from their investment listed on the Nigerian Exchange Limited, NGX in the three days trading sessions last week. Specifically, the NGX market capitalisation, which represents the total value of listed equities, surged […]
INVESTMENT OUTLOOK: Nigeria’s perceived more positively today — StanChart chief
In this interview, Manpreet Gill, Chief Investment Officer, Africa, Middle East, and Europe, Standard Chartered Bank, speaks on global market outlook for 2026, with a particular reference to Nigeria’s investment outlook for the year. By Yinka Kolawole How would you summarise global market performance recently, and what are the key themes shaping your outlook for 2026? […]
