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...
Trading in Nigerian stocks last week hit a buoyancy last seen in the market more than six weeks ago, with transaction size accelerating 57.3 per cent...
Regency Alliance Insurance Signs Private Placement Agreement to Strengthen Capital Base Regency Alliance Insurance Plc has signed a Private Placement Agreement as part of its recapitalisation...
Eight-year-old Marvellous gripped a worn pencil tightly as she wrote on a single sheet of paper, kneeling on the bare concrete floor of an unfinished compound...
BY NKECHI NAECHE-ESEZOBOR—Enterprise Life Assurance (Nigeria) Limited has announced the full remittance of its statutory deposit of N1 billion to the Central Bank of Nigeria (CBN),...
Pan-African financial services conglomerate United Capital Group has secured investment banking licenses in Ethiopia and Rwanda, achieving a historic milestone in its East African expansion strategy....
Benchmark Capital, the storied Silicon Valley VC firm known for early investments in eBay, Snap, Uber, and Twitter, is breaking with one of its signature traditions:...
Nigeria recorded $10.37 billion in capital importation in the first quarter of 2026, representing an 83.83 per cent increase compared to the $5.64 billion received in...
FirstHoldCo Plc, the parent entity of Nigeria’s oldest commercial lender (First Bank), is seeking to double the regulatory capital ceiling for international banks, signalling a new...