The National Insurance Commission (NAICOM) has introduced additional regulatory requirements for life insurance companies managing annuity portfolios in Nigeria. An annuity is a financial product designed...
BUA Foods Plc reported a pre-tax profit of N73.4 billion for the fourth quarter of 2024 in its latest financial report released on the Nigerian Exchange...
MRS Oil Nigeria Plc recorded a pre-tax profit of N403.5 million for the fourth quarter of 2024, as disclosed in its recent financial statement published on...
FBN Holdings Plc has reported a 142% year-on-year increase in Profit Before Tax (PBT) to N862 billion, with Gross Earnings rising by 113% year-on-year to N3.33...
The Nigeria Employers’ Consultative Association (NECA) has praised the Central Bank of Nigeria (CBN) for launching the Nigerian Foreign Exchange (FX) Code, calling it a strategic...
The Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, has confirmed that only verified claims from the $7 billion foreign exchange backlog will be settled. He...
Sustainable Capital Ltd, an investment firm based in Mauritius, has acquired a substantial 9.96% stake in Seplat Energy Plc, marking a significant change in the Nigerian...
Governor of the Central Bank of Nigeria, Olayemi Cardoso, announced on Wednesday that the Federal Government has successfully cleared the outstanding $7 billion foreign exchange backlog...
By Paul Onehi Nigeria’s Real Estate Industry Set to Skyrocket to N2.25tn by 2025, According to Minister of Housing and Urban Development Ahmed Dangiwa. The exciting...
Aradel Holdings Plc has announced a profit before tax of N321.6 billion for the year ending December 31, 2024, reflecting a 187% year-over-year increase from the...