Africa Prudential Grows H1 Profit By 18 Percent, Bets On Digital Solutions To Drive...
Africa Prudential Plc grew profit after tax by 18 percent to ₦1.59 billion in the first half of 2026 as gross earnings rose...
NLNG Generates ₦204.2trn Revenue, Remits ₦14.7trn Taxes As It Eyes Train 8 Expansion
Nigeria LNG Limited has generated about ₦204.2 trillion ($149.6 billion) in revenue since inception and remitted approximately ₦14.74 trillion ($10.8 billion) in taxes...
Nigerian Stock Market Rebounds as Investors Add ₦481bn in Tuesday Rally
The NGX rebounded on Tuesday, adding about ₦481 billion to investors’ wealth as renewed buying interest pushed the benchmark index higher.
Insurance stocks...
S&P Global to Acquire Majority Stake in Agusto & Co. to Deepen Africa Expansion
S&P Global will acquire a majority stake in Agusto & Co., strengthening its presence in Africa's domestic credit ratings market while expanding access...
Dangote Sets Aside One-Third Of $35.1bn Fortune For Humanity On Landmark Philanthropic Succession Plan
Africa's richest man, Aliko Dangote, earmarks one-third of his estimated $35.1 billion fortune for charity under a landmark succession plan
Daughter, Halima Dangote,...
FCMB Group Reports ₦157.3bn H1 Profit As Earnings Surge 99 Percent
FCMB Group nearly doubled its half-year profit before tax to ₦157.3 billion, driven by stronger interest income, expanding margins and improved earnings across...
FMBN To Launch Diaspora NHF Mortgage Loan For Nigerians Abroad August 7
The Federal Mortgage Bank of Nigeria will launch its Diaspora National Housing Fund Mortgage Loan in London on August 7, opening a formal...
Chinese Investment In Nigeria Falls 41 Percent Despite $20bn Investment Commitments
Chinese capital inflows into Nigeria fell 40.9 percent to $5.55 million in the first quarter of 2026, despite the Federal Government's announcement of...
NAICOM Recapitalisation: Insurers Race To Beat July 31 Deadline As Over 70 Percent Clear...
More than 70 percent of insurance companies have completed NAICOM's independent capital verification exercise, clearing one of the final regulatory hurdles ahead of...
Nigerian Stock Market Slips as Profit-Taking Offsets Gains in Mid-Cap Stocks
The NGX began the week on a softer note as profit-taking in selected stocks nudged the benchmark index lower despite gains in 28...