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Business

Seplat Leads as Energy Firms Post N2.57tn Revenue

By Blessing Fali Nigeria’s listed energy companies recorded a combined revenue of about N2.57tn in the first half of 2026, with Seplat Energy...

TechnologyBusinessWorld

Baidu Revenue Misses as Advertising Weakness Offsets AI Growth

Chinese technology company Baidu reported weaker-than-expected revenue as a decline in its advertising business outweighed strong growth in its artificial intelligence and cloud...

TechnologyBusiness

CoreWeave Raises 2026 Spending Plan as AI Demand Surges

CoreWeave has raised its 2026 capital spending forecast to $35 billion–$39 billion, up from its previous estimate of $31 billion–$35 billion, as demand...

BusinessNigeria

Seme Customs Revenue Hits N19.84bn in Seven Months

By Benson Daniel The Seme Area Command of the Nigeria Customs Service generated N19.84 billion in revenue between January and July 2026, surpassing...

BusinessWorld

Embraer Profit Rises 38% to $218.6 Million in Q2

By Benson Daniel Brazilian aircraft manufacturer Embraer has reported a strong financial performance for the second quarter of 2026, with adjusted net income...

BusinessNigeria

FHA Remits ₦3 Billion to Federal Government, Clears ₦12 Billion Financial Deficit

By Benson Daniel The Federal Housing Authority (FHA) has recorded a significant financial turnaround after remitting nearly ₦3 billion to the Federal Government's...

AfricaBusinessNigeria

NNPC Posts ₦535bn Profit as Revenue Climbs Despite Slight Drop in Oil Production

By Dorcas Francis Koji The Nigerian National Petroleum Company Limited (NNPC Ltd.) recorded a 15.8 per cent increase in profit after tax in...

BusinessNigeria

Dangote Cement Revenue Surpasses ₦2tn on Robust Domestic Demand

By Benson Daniel Dangote Cement Plc has recorded revenue of more than ₦2 trillion, driven by strong demand in the Nigerian market and...