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Tuesday, October 6, 2026
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One Week to Go: Dangote Refinery IPO Draws Africa, Diaspora Demand

Dangote Petroleum Refinery and Petrochemicals’ initial public offering (IPO) enters its final week with investors weighing one of Nigeria’s largest-ever equity deals against the...

Nigeria Q3 Earnings Seen Resilient as Cement, Oil and Telecoms Lead

Nigerian companies are poised to report resilient third-quarter (Q3) earnings, with cement price increases, stronger crude oil, data consumption and lower borrowing costs expected...

Tinubu Reforms Propel Nigeria Up African Investability Index

Nigeria has emerged as the biggest climber in the 2026 Bloomberg Economics Investment Risk-O-Meter, advancing four places to rank eighth among Africa’s most investable...

African Alliance Premium Falls 46.14% as Rising Expenses Undermine Profit

African Alliance Insurance Plc premiums have fallen while rising claims expenses continues to undermine profit, an unimpressive performance amid owners who are working assiduously...

GTCO Pension Managers Crosses N180bn Asset Under Management

Total assets under management (AUM) at Guaranty Trust Pension Managers, a subsidiary of Guaranty Trust Holding Company (GTCO) Plc, has crossed ₦180 billion in...

Access Holdings Misses Extended Half-Year Statement Deadline as CBN Audit Approval Drags On

Access Holdings Plc, Nigeria’s largest financial services group by total assets, has announced a further delay in releasing its audited interim financial statements for...

Quest Merchant Bank’s 30% Market Share Masks Funding Risk

Quest Merchant Bank has emerged from an ownership transition and recapitalization with a stronger credit profile, winning an upgrade from GCR Ratings even as...

GTCO’s West, East Africa and UK Profit Slip as Growth Ambition Meets Earnings Reality

Guaranty Trust Holding Co.’s (GTCO) international operations contributed less profit in the first half (H1) even as its Nigerian franchise expanded, highlighting the challenge...

Stanbic IBTC Reprices Loans, High-Yield Savings Lower Following CBN’s Rate Cut to 23%

In direct alignment with the Central Bank of Nigeria (CBN) Monetary Policy Committee decision on September 22, 2026, Stanbic IBTC Bank has issued formal...

Elumelu Raises Seplat Stake to 21% With £53 Million Share Purchase

Nigerian billionaire Tony Elumelu has bought another 6 million shares in Seplat Energy Plc, raising his stake in the country's biggest listed oil producer...

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