Guaranty Trust Holding Company Plc (GTCO) has made a huge capital injection of ₦365.85 billion into its main subsidiary, Guaranty Trust Bank Limited (GTBank), in order to meet the Central …
INVESTMENT
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BankingBusinessEconomyFinanceINVESTMENTRegulation
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BusinessInfrastructureINVESTMENTNigeriaTechnologyTelecommunications
T2 Partners Huawei to Rebuild Core Network After Rebrand from 9mobile
T2, the Nigerian telecom operator formerly known as 9mobile, has entered into a multi-million-dollar agreement with Chinese infrastructure giant Huawei to rebuild its core network as part of a new …
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BusinessCapital MarketCorporate NewsEconomyINVESTMENTNigeria
NASD Declares First Dividend as Shareholders Celebrate Turnaround
Shareholders of NASD Plc have commended the company’s board and management for steering it out of years of losses to profitability, leading to its first-ever cash dividend payout. At the …
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BusinessCapital MarketEnergyInfrastructureINVESTMENTReal Estate
Coronation Lists Nigeria’s Largest Infrastructure Fund on NGX with N8.79bn Offering
Coronation Asset Management has listed the Coronation Infrastructure Fund (CIF), Nigeria’s largest Series I infrastructure fund, on the Main Board of the Nigerian Exchange (NGX). The move, described by market …
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BusinessInnovationINVESTMENTNigeriaStartupsTechnology
Arigo Technologies to Launch Seven Digital Platforms in Landmark Event
Nigerian technology company, Arigo Technologies, will on Saturday, August 30, 2025, introduce seven new digital platforms in one day, an ambitious move that industry watchers say is rare even by …
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AfricaBusiness and EconomyGovernanceINVESTMENTMiningZAMBIA
Zambia’s Kansanshi S3 Expansion Boosts Mining by $1.25bn
The Zambia Consolidated Copper Mines-Investment Holdings (ZCCM-IH) says the commissioning of the US$1.25 billion Kansanshi Mine S3 expansion project represents a turning point for the country’s mining industry and overall …
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BusinessDigital EconomyEntrepreneurshipFinancial InclusionFintechInnovationINVESTMENTMobile MoneyStartupsTechnologyTransportation & Logisitics
The Top 3 Most Profitable Sectors for Startups in Nigeria
Covering Nigeria’s dynamic business landscape, it’s impossible to ignore the sheer energy of the startup scene. Every day, new ideas and ventures emerge, all competing for a share of the …
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BusinessCapital MarketEconomyFinanceGovernment PolicyINVESTMENT
Stockbrokers Urge Federal Government to Reform Capital Market for $1tn Economy Target
The Chartered Institute of Stockbrokers has appealed to the Federal Government to urgently implement economic reforms that will reposition Nigeria’s capital market as a key driver in achieving the country’s …
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BankingBusinessCapital MarketEconomyFinancial InclusionINVESTMENT
Wema Bank Surpasses Recapitalisation Target with N157bn Rights Issue
Wema Bank Plc has announced that it has successfully exceeded its recapitalisation target after raising N157bn through the first phase of its capital-raising exercise. The funds were secured from a …
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AfricaBusinessEconomyFinanceInsuranceINVESTMENT
Africa Re Records $102m Profit as Premiums Grow 15% in First Half of 2025
The African Reinsurance Corporation has reported a strong financial performance for the first half of 2025, with Gross Written Premium rising by 15.31 per cent to $644.30 million, up from …