The Dangote Refinery initial public offering (IPO), Africa’s biggest, has already secured enough commitments from Nigerian and retail investors to meet its fundraising target,...
Heirs Life Assurance Ltd., part of Tony Elumelu's Heirs Insurance Group, increased nine-month profit 63% as investment income nearly tripled. Its sister company, Heirs...
United Capital’s equity stakes in Heirs General Insurance Limited and Heirs Life Assurance Limited, helped lift its associate income in the 9-month period to...
Transnational Corporation Plc (“Transcorp Group”) (NGX: TRANSCORP), Nigeria’s leading listed conglomerate, has announced its unaudited financial results for the nine months ended 30 September...
Nigerian Finance Minister Taiwo Oyedele unveiled a draft economic policy framework designed to serve as a blueprint for government plans, budgets and policies, regardless...
United Capital Plc's consistent profit growth even amid a challenging environment is evidence of improved resilience and diversification across its operations as the company...
Seven of Nigeria's largest listed banks increased combined first-half pretax profit by 19.3%, but one lender First HoldCo Plc, did most of the work....
President Bola Tinubu on Saturday blamed opposition leaders for Nigeria’s hunger and poverty, accusing them of creating problems they now exploit against his administration.
“I...
Stanbic IBTC fixed income and currencies has cushioned the lender’s earnings as the central bank’s recent interest rate cuts are putting pressure on traditional...