Lasaco Assurance Plc has announced that it successfully raised about N11.1bn in fresh capital through a private placement, as part of efforts to meet the 2026 recapitalisation deadline set by …
Corporate AffairsEconomyFinanceInsuranceRegulation
- AviationEconomyGOVERNMENTInternational AffairsLabourTransportation
Over 8,000 U.S. Flights Delayed as Government Shutdown Deepens Air Traffic Control Crisis
More than 8,000 flights were delayed across the United States on Sunday as the shortage of air traffic controllers worsened amid the ongoing Federal Government shutdown, now in its 26th …
- Business InsightsCapital MarketCompaniesCorporate EarningsEconomyHospitalityINVESTMENTNewsNigeria
Ikeja Hotel Plc Posts N4.85bn Profit in Nine Months, Driven by Strong Revenue Growth
Ikeja Hotel Plc has reported a profit after tax of N4.85bn for the nine months ended September 30, 2025, marking a significant increase from the N2.0bn recorded in the same …
- BankingBusinessCapital MarketEconomyINVESTMENTNewsNigeriaOil & Gas
Nigerian Stock Market Gains N4.32tn as NGX Records Strongest Weekly Rally in Months
The Nigerian stock market recorded a massive rebound last week, adding about N4.32tn to its total value as renewed investor confidence lifted trading activity across major sectors. The Nigerian Exchange …
- BusinessEconomyFinanceGOVERNMENTNigeriaTaxation
FIRS Collects Record N47.39tn in Two Years Under Zacch Adedeji
The Federal Inland Revenue Service (FIRS) has achieved a record N47.39 trillion in tax revenue between October 2023 and September 2025 under Chairman Zacch Adedeji, surpassing its target by 15% …
- BankingBusinessEconomyFinanceINVESTMENTNigeria
Abbey Mortgage Bank Records N1.45bn Profit, Grows Earnings by 56% in Nine Months of 2025
Meta Description: Abbey Mortgage Bank Plc has posted a profit after tax of N1.45 billion for the nine months ended September 2025, a 56% increase driven by higher interest income …
- BankingBusinessEconomyEntrepreneurshipFinanceLagos NewsPartnerships
Ecobank, Lagos State Employment Trust Fund Partner to Empower MSMEs
Ecobank Nigeria and the Lagos State Employment Trust Fund (LSETF) have partnered to empower over 10,000 MSMEs across Lagos through business training, digital tools, market access, and capacity-building programmes aimed …
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UBA Expands Renewable Energy Footprint with Solar Partnership, Powers 25 Branches in 5 States
United Bank for Africa (UBA) Plc has partnered with Renewvia Solar Nigeria to install advanced solar power systems in 25 of its branches spread across five Nigerian states. The new …
- DemocracyDiplomacyElectionsGovernancePolitics
Catherine Connolly Poised for Victory in Irish Presidential Election Amid Voter Frustration
Ireland headed to the polls on Friday to elect a new president, with left-wing independent candidate Catherine Connolly expected to emerge victorious in a contest marked by limited choice and …
- DevelopmentEconomyGOVERNMENTInfrastructureInternational CooperationTransportation
FG Strengthens Ties with Islamic Development Bank to Fast-Track Key Road Projects
The Federal Government has reaffirmed its commitment to deepening collaboration with international development partners, particularly the Islamic Development Bank (IsDB), to accelerate the completion of strategic road and bridge projects …