Seplat Energy Plc has appointed Effiong Okon as chief executive officer, effective August 1, while Tony Elumelu will become chairman, effective January 1, 2027.
The company expressed appreciation to its shareholders, policyholders, brokers, customers and business partners for their continued support and confidence.
Nigeria’s Assets Under Management increased from N3.2 trillion to N10 trillion within the last two years, the Securities and Exchange Commission has said.
Investors lost N1.811 trillion on Monday as widespread profit-taking in major equities dragged the stock market into negative territory on the first trading day of June.
The capital market has taken a major step forward with the shift to a T+1 settlement cycle, a reform expected to speed up trading and align it more closely with global practice.
TotalEnergies Marketing Nigeria Plc reported a 11 per cent decline in revenue to N197.18 billion for the first quarter ended March 31, 2026.
The company said the immediate impact of the incident was largely limited to the empty crates stored in the facility.
MTN Nigeria has reported a profit after tax of N1.11 trillion for the full year ended 2025, representing a recovery from a loss of N400.44 billion recorded in 2024.
Nestlé Nigeria Plc has reported a 26 per cent increase in revenue to N1.2 trillion for the full year ended December 31, 2025, up from N958.8 billion recorded in 2024.
Nigeria’s equities market recorded a 42 per cent increase in trading activity in January on a year-on-year basis.
