Company News
GTCO reports N603.03bn H1 pre-tax profit, pays N1 interim dividend
Guaranty Trust Holding Company Plc (GTCO) has released its audited consolidated and separate financial statements for the period ended June read more GTCO reports N603.03bn H1 pre-tax profit, pays N1 interim dividend
Read morePiggyVest shifts focus from saving to helping Nigerians make more money
PiggyVest, Nigeria’s digital savings and investment platform, is shifting its strategy beyond encouraging Nigerians to save and invest, with the read more PiggyVest shifts focus from saving to helping Nigerians make more…
Read moreMoney market funds rise to N6.49trn as top yields cross 21%
Nigeria’s money market fund segment increased to N6.49 trillion in net asset value (NAV) as of September 11, 2026, up read more Money market funds rise to N6.49trn as top yields cross…
Read moreNigeria Infrastructure Debt Fund targets N45bn in fresh capital
Nigeria Infrastructure Debt Fund (NIDF), Nigeria’s oldest and largest local-currency infrastructure debt fund, has opened a Series 12 offer to read more Nigeria Infrastructure Debt Fund targets N45bn in fresh capital
Read moreNigeria’s largest listed companies owe N6.25 trillion as bank loans dominate borrowing
Nigeria’s largest listed companies continue to rely heavily on bank loans and other direct borrowings despite the rapid growth of commercial papers and other debt securities as alternative sources of corporate funding.…
Read moreALX calls for stronger systems to turn Africa’s youth talent into economic opportunity
ALX, a pan-African talent accelerator with roots in the African Leadership Academy and African Leadership University has called for greater read more ALX calls for stronger systems to turn Africa’s youth talent…
Read moreAG Mortgage Bank assures higher returns as assets surge 48% to N33bn
AG Mortgage Bank Plc grew its total assets by 48 percent to N33.04 billion in 2025 from N22.37 billion a read more AG Mortgage Bank assures higher returns as assets surge 48%…
Read moreSterling Financial commences share capital reconstruction
…consolidates every 10 shares into one new ordinary share Sterling Financial Holdings Company Plc has commenced its approved share capital read more Sterling Financial commences share capital reconstruction
Read moreMore African stock markets cross $100bn as South Africa widens lead
Only three African stock markets have crossed the $100 billion market-capitalisation threshold, highlighting the concentration of the continent’s listed equity read more More African stock markets cross $100bn as South Africa widens…
Read moreNigeria’s new tax regime piles pressure on M&A as deal value plunges 89%
Nigeria’s new tax regime is adding to the pressure on dealmakers, raising the cost of exits and complicating transaction pricing read more Nigeria’s new tax regime piles pressure on M&A as deal…
Read moreSterling HoldCo begins share reconstruction to support growth strategy
Sterling Financial Holdings Company Plc has commenced a 10-for-1 share reconstruction as part of efforts to optimise its capital structure read more Sterling HoldCo begins share reconstruction to support growth strategy
Read moreArdova-led consortium to acquire 100% stake in Powergas, Africa’s largest CNG producer
A.P. Moller Capital on Friday announced that, through its Africa Infrastructure Fund I (AIF I), and Impala Energy Holdings (Impala), read more Ardova-led consortium to acquire 100% stake in Powergas, Africa’s largest…
Read moreTGI expands logistics footprint with UAC’s 43% DP World stake
UAC of Nigeria Plc is set to sell its 43 percent stake in DP World Logistics Limited, formerly known as read more TGI expands logistics footprint with UAC’s 43% DP World stake
Read moreNMDPRA workers tap N8.3bn FMBN mortgage pipeline for homes
The Federal Mortgage Bank of Nigeria (FMBN) is processing about N8.3 billion in National Housing Fund (NHF) mortgage applications for read more NMDPRA workers tap N8.3bn FMBN mortgage pipeline for homes
Read moreMamedu’s wealth of experience positions BrandZeal for market competition
After more than two decades of professional experience spanning advertising, branding, corporate communications and public relations, Ben Mamedu is bringing read more Mamedu’s wealth of experience positions BrandZeal for market competition
Read morePalmPay tightens overnight transfer security with new NightGuard feature
PalmPay has introduced a new security feature that allows customers to place additional verification requirements on transfers made during overnight read more PalmPay tightens overnight transfer security with new NightGuard feature
Read moreOficea raises Sh3.4bn as investors back Mauritius’ green property push
Oficea, a Mauritius-based real estate company, has raised MUR3.4 billion through a sustainable bond issuance, in a transaction that marks read more Oficea raises Sh3.4bn as investors back Mauritius’ green property push
Read moreTatum Bank builds tech, sales talent pipeline for digital banking growth
Tatum Bank Limited is strengthening its talent pipeline as it expands its digital-first banking strategy, graduating the second cohort of read more Tatum Bank builds tech, sales talent pipeline for digital banking…
Read morePetroleumprice.ng opens voting for 2026 recognition and awards
Voting for the Petroleumprice.ng Recognition and Awards 2026 has commenced and will run until October 31, following the completion of read more Petroleumprice.ng opens voting for 2026 recognition and awards
Read moreAccess Bank consolidates Kenya operations as business moves to National Bank
Access Bank Kenya Plc is set to transfer its entire business, including all assets and liabilities, to National Bank of read more Access Bank consolidates Kenya operations as business moves to National…
Read moreReckitt names Ujunwa Chukwumah as general manager in historic first
Reckitt, a global leader in health and hygiene, has appointed Ujunwa Chukwumah as its general manager, West Africa, effective September read more Reckitt names Ujunwa Chukwumah as general manager in historic first
Read moreNASD eyes N12bn in rights issue to fund next phase of growth
NASD Plc is seeking to raise N12 billion through a Rights Issue as the securities exchange strengthens its capital base read more NASD eyes N12bn in rights issue to fund next phase…
Read moreAfrica takes 44.5% of JPMorgan’s new $328bn frontier bond index
Africa will account for 44.5 percent of JPMorgan’s new frontier-market local-currency government bond index, putting the continent at the centre read more Africa takes 44.5% of JPMorgan’s new $328bn frontier bond index
Read moreJulius Berger, subsidiaries display broad range of construction solutions at Big 5 Expo
Julius Berger Nigeria Plc and its subsidiaries are showcasing a broad range of construction, engineering, manufacturing and facility management solutions read more Julius Berger, subsidiaries display broad range of construction solutions at…
Read moreEthica, Meristem partner to ease Dangote IPO subscription for Muslim investors
Ethica, a non-interest digital banking application, has partnered with Meristem Securities Limited to enable Muslims and other investors to subscribe read more Ethica, Meristem partner to ease Dangote IPO subscription for Muslim…
Read moreUBA chief seeks to deepen Nigeria-Brazil trade, investment ties
Oliver Alawuba, Group managing director/chief executive, United Bank for Africa (UBA) Plc, has advocated for stronger trade and investment relations read more UBA chief seeks to deepen Nigeria-Brazil trade, investment ties
Read moreGawani Africa expands into venture building to retain local R&D
Gawani Africa, a strategy and policy advisory firm, is expanding into venture building as it seeks to address what it read more Gawani Africa expands into venture building to retain local R&D
Read moreSolad Power accelerates solar home system deployment
…as Nigeria scales distributed renewable energy access Solad is accelerating access to Solar Home Systems across underserved communities in Nigeria read more Solad Power accelerates solar home system deployment
Read moreAfreximbank, ATDC sign $500m facility to expand African trade, distribution
African Export-Import Bank (Afreximbank) and the Africa Trading and Distribution Company (ATDC) have signed a $500 million Global Credit facility read more Afreximbank, ATDC sign $500m facility to expand African trade, distribution
Read moreHarvestfield Healthcare begins production of next-generation insecticide-treated nets
Harvestfield Healthcare FZE has commenced commercial production of Synera DuoForte, a next-generation insecticide-treated nets in Nigeria, marking a new phase read more Harvestfield Healthcare begins production of next-generation insecticide-treated nets
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