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Continental Re Strengthens IPO with Five-Year Shareholder Commitment, Stronger Profits

BY NKECHI NAECHE-ESEZOBOR—-Continental Reinsurance Holdings Limited has announced a strengthened investment proposition ahead of its planned listing on the Botswana Stock Exchange (BSE),...

Continental Re Strengthens IPO with Five-Year Shareholder Commitment, Stronger Profits

BY NKECHI NAECHE-ESEZOBOR—-Continental Reinsurance Holdings Limited has announced a strengthened investment proposition ahead of its planned listing on the Botswana Stock Exchange (BSE),...

Tinubu Returns to Abuja After Completing Umrah in Saudi Arabia

President Bola Ahmed Tinubu on Wednesday departed King Abdulaziz International Airport, Jeddah, Kingdom of Saudi Arabia, for Abuja after successfully completing his Umrah...

Canada Introduces New Rules to Streamline Asylum Claim Process

The Government of Canada has introduced new regulations aimed at modernizing and strengthening the country’s asylum system, with changes designed to make the...

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NSA Office: Terrorism Financing Attracts ₦200m Fine for Companies

Companies found receiving funds linked to terrorism risk a ₦200 million fine, prosecution of their principal officers and possible closure, the Office of...

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NIMC Cracks Down on Illegal NIN Operators

The National Identity Management Commission (NIMC), through its Inspectorate Compliance and Enforcement Unit (ICEU), has stepped up its crackdown on illegal NIN enrolment,...

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FG Approves ₦70,000 Monthly Transport Allowance for Workers for Six Months

The Minimum Wage Negotiation Committee is expected to be constituted and commence meetings immediately. This was part of the resolutions reached at the...

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Tinubu Extends Tenures of Correctional Service, Immigration Service Chiefs by 18 Months

President Bola Ahmed Tinubu has approved 18-month tenure extensions for Sylvester Ndidi Nwakuche, Controller-General of the Nigerian Correctional Service and Kemi Nanna Nandap,...

STI Delivers 296% Profit Growth as Equity Rises to ₦21.5bn in Nine Months

Insurance Industry Set for 2026 Almond Awards November 6

SMEs Celebrate Business Growth, Increased Visibility at Leadway Lifestyle Fair 2026

Linkage Assurance grows assets to N100.8bn as nine-month profit climbs 31%

Cornerstone Insurance’s Revenue Rises 16.7% to ₦43.31bn in Nine Months

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Energy

NNPC Eyes Sale of Up to 10% Stake in Domestic IPO

The Nigerian National Petroleum Company Limited (NNPC), said is looking at offering between 5% and 10% of its shares to the public through...

NNPC Limited Reaffirms Commitment to Industrial Harmony as GCEO Receives New NUPENG Leadership

The Group Chief Executive Officer of NNPC Limited, Engr. Bashir Bayo Ojulari, has reaffirmed the company’s commitment to constructive engagement, effective labour relations...

Seplat Energy Posts $749M Free Cash Flow, Cuts Net Debt 65%, Raises Q3 Dividend 58%

Seplat Energy Plc,  a leading Nigerian independent energy company listed on both the Nigerian Exchange Group and the London Stock Exchange, announces its...

REA Ends 16 Years of Darkness in Two Kano Communities

BY GABRIEL MICHEAL—The Rural Electrification Agency (REA) has again advanced its goal of deepening electricity access across the country with the commissioning of...

FG Adds 640MW Transmission Capacity, Commissions Kankia Substation

The Federal Government through the Transmission Company of Nigeria (TCN) has injected 640MW of additional transmission capacity through the commissioning of six substations...

Seplat Energy Highlights Transparency, Governance as Keys to Unlocking Structured Finance

BY SUNDAY SAMUEL—Seplat Energy Plc has underscored the critical role of transparency, strong corporate governance and stakeholder collaboration in unlocking structured financing opportunities...

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NGX Group, Nairobi Securities Exchange Deepen Ties on Dangote Refinery IPO Push

Nigerian Exchange Group (NGX Group) and the Nairobi Securities Exchange (NSE) have advanced efforts to deepen cross-border collaboration, as Nigerian and Kenyan market...

NGX Invest Expands Primary Market Access with WhatsApp Subscription Channel

Nigerian Exchange Group (NGX Group) has expanded access to its NGX Invest platform with the launch of a WhatsApp subscription channel, providing investors...

CBN Cuts Interest Rate to 23%, First Reduction Since July Hold

BY NKECHI NAECHE-ESEZOBOR—Nigeria’s apex bank, the Central Bank of Nigeria (CBN) has announced a cut in its Monetary Policy Rate (MPR) from 26.5%...

SUNU Assurances Nigeria Boosts Board With Michael Chukwu, Founder of Assetswise Capital

SUNU Assurances Nigeria Plc has announced the appointment of Mr. Michael Uchenna Chukwu as an Independent Non-Executive Director on the Board of the...

SEC: T+1 Settlement Transition Recording No Defaults

The Securities and Exchange Commission (SEC) has said the adoption of the T+1 settlement cycle in Nigeria’s capital market is going on smoothly,...

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CBN Grants JPMorgan Approval-in-Principle to Establish Merchant Bank in Nigeria

The Central Bank of Nigeria (CBN) has granted Approval-in-Principle (AIP) to JPMorgan to establish a merchant bank in Nigeria, to be known as...

IMF Raises Nigeria’s Growth Forecast to 4.2%, Urges More Non-Oil Revenue

BY NKECHI NAECHE-ESEZOBOR—(BANGKOK, THAILAND)—The International Monetary Fund (IMF) has upgraded its growth projection for Nigeria, citing improved oil prices that have boosted foreign...

Cardoso, Oyedele Back Single-Digit Inflation as Reserves Hit 18-Year High

BY NKECHI BAECHE-ESEZOBOR( BANGKOK, THAILAND)—The Central Bank of Nigeria Governor Olayemi Cardoso and Finance Minister Taiwo Oyedele have said bringing inflation down to...

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Continental Re Strengthens IPO with Five-Year Shareholder Commitment, Stronger Profits

BY NKECHI NAECHE-ESEZOBOR—-Continental Reinsurance Holdings Limited has announced a strengthened investment proposition ahead of its planned listing on the Botswana Stock Exchange (BSE),...

Tinubu Returns to Abuja After Completing Umrah in Saudi Arabia

President Bola Ahmed Tinubu on Wednesday departed King Abdulaziz International Airport, Jeddah, Kingdom of Saudi Arabia, for Abuja after successfully completing his Umrah...

Canada Introduces New Rules to Streamline Asylum Claim Process

The Government of Canada has introduced new regulations aimed at modernizing and strengthening the country’s asylum system, with changes designed to make the...

NSA Office: Terrorism Financing Attracts ₦200m Fine for Companies

Companies found receiving funds linked to terrorism risk a ₦200 million fine, prosecution of their principal officers and possible closure, the Office of...

NIMC Cracks Down on Illegal NIN Operators

The National Identity Management Commission (NIMC), through its Inspectorate Compliance and Enforcement Unit (ICEU), has stepped up its crackdown on illegal NIN enrolment,...

FG Approves ₦70,000 Monthly Transport Allowance for Workers for Six Months

The Minimum Wage Negotiation Committee is expected to be constituted and commence meetings immediately. This was part of the resolutions reached at the...

Tinubu Extends Tenures of Correctional Service, Immigration Service Chiefs by 18 Months

President Bola Ahmed Tinubu has approved 18-month tenure extensions for Sylvester Ndidi Nwakuche, Controller-General of the Nigerian Correctional Service and Kemi Nanna Nandap,...

Speeding Triggers Tanker Crash, Inferno Under Otedola Bridge

A lone crash involving a diesel-laden tanker on the outward section of the Lagos–Ibadan Expressway plunged the tanker into the underpass beneath Otedola...

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