GCR Ratings has upgraded Fidelity Bank Plc‘s national-scale long-term issuer rating to A Plus (NG) from A (NG), while affirming its short-term issuer rating at A1...
Collaborative Fund, the 15-year-old, New York-based generalist venture firm that has roughly $1 billion under management and which made early bets on Lyft, Reddit, Sweetgreen, and...
Dangote Cement Plc will hold a high-level engagement with investors and other capital market players in London next month to bring the foreign investing community up...
Nigeria’s Securities and Exchange Commission (SEC) has proposed a minimum capital requirement of ₦2 billion each for Digital Asset Exchanges (DAXs) and Digital Asset Custodians (DACs)...
BY NKECHI NAECHE-ESEZOBOR—The successful completion of recapitalization exercise in Nigeria’s insurance sector marks a new beginning and a new phase of growth for the industry. However,...
BY NKECHI NAECHE-ESEZOBOR—For not meeting the statutory Minimum Capital Requirement as stipulated by the Nigerian Insurance Industry Reform Act 2025, the National Insurance Commission (NAICOM), has...
Coronation Insurance Plc and Coronation Life Assurance Limited have successfully met the new minimum capital requirements stipulated under the Nigerian Insurance Industry Reform Act (NIIRA) 2025....
BY NKECHI NAECHE-ESEZOBOR—Rex Insurance Limited has successfully met the new Minimum Capital Requirement (MCR) prescribed by the National Insurance Commission (NAICOM) under the Nigerian Insurance Industry...
Nigerian stocks retreated by 0.8 per cent last week, despite the release of several strong half-year results, as profit-taking pressured trade. Sell-offs in consumer goods stocks...
BY NKECHI NAECHE-ESEZOBOR—Guinea Insurance Plc has taken a major step toward solidifying its market position after successfully executing a ₦12.6 billion capital raise, putting it well...
The Federal Government has rejected calls for the return of petrol subsidy, warning that subsidising fuel could cost the country...
On Thursday, at the Golden Age of American Innovation Summit, President Trump awarded Elon Musk, Jensen Huang, Sergey Brin, and...
The African Democratic Congress (ADC) has insisted that political parties and citizens have the right to independently collect, collate and...