NGX sheds 0.19% as Presco, banks drag index
The Nigerian equities market closed lower on Friday, July 24, 2026, reversing the previous session’s gains as profit-taking in Presco Plc, banking…
Business
NPF Microfinance Bank grows profit before tax by 7.70%
NPF Microfinance Bank Plc has posted a profit before tax of N3.20 billion for the six months ended June 30, 2026, representing…
US imposes new tariffs on UK, Canada, others over ‘forced labour’
The United States said Thursday that it would impose new tariffs on 60 trading partners over forced labor concerns, replacing an expiring…
US plans new vehicle safety rules for emergency exits
United States government is set to develop new safety requirements for automakers to ensure drivers and passengers can escape their vehicles in…
US warns Iranian hackers target American water, energy systems
The United States government has warned that Iranian state-backed hackers are actively breaching and disrupting industrial control systems used by American water…
US warns EU actions could undermine trade talks
The Trump administration has renewed its trade criticism of the European Union, warning that fines imposed on US technology companies and a…
Dangote Refinery completes $2.5bn equity placement, ahead of IPO
Dangote Petroleum Refinery and Petrochemicals FZE (DPRP or the Enterprise) on Thursday announced the successful completion of its landmark private placement, which…
Transcorp’s H1 pre-tax profit falls 11.45% to ₦75.9bn
Transnational Corporation Plc has released its H1 2026 results for the period ended June 30, 2026, reporting a pretax profit of N75.9…
First HoldCo targets ₦1.2trn profit in 2026
First HoldCo Plc, Nigeria’s most valuable banking group by market capitalisation, says it expects profit before tax to exceed N1.2 trillion ($876…
Nigeria leads Africa in regulated online gambling — Report
Nigeria has emerged as one of Africa’s most regulated online gambling markets, even as illegal operators continue to dominate the continent, according…
Nike cut ties with thousands of Chinese online distributors
Nike announced on Tuesday that it will cut ties with thousands of online distributors in China from January, directing consumers instead to…
EU clears Paramount’s Warner Bros. acquisition
The European Commission on Wednesday approved Paramount Skydance’s proposed acquisition of Warner Bros. Discovery for approximately $110 billion, clearing a major regulatory…