The State Interests and Governance Authority (SIGA) has directed the Bui Power Authority (BPA) to start paying dividends to the government of Ghana beginning from the 2025 financial year, as …
INVESTMENT
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BusinessEconomyEnergyGOVERNMENTINVESTMENTWestern Africa
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AfricaBusinessEconomyINVESTMENTTechnologyWomen,
Africa Venture Finance Programme Strengthens Startups
The future of Africa’s technology and entrepreneurship is taking centre stage at the ongoing Africa Venture Finance Programme (AVFP), where more than 40 of the continent’s top venture capital fund …
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BankingCapital MarketCBNEconomic DevelopmentFinance & ServicesINVESTMENT
Will Banking Sector remain a Profitable Investment in 2026 as tier 1 stocks near triple-digit returns
In the past two years, Nigerian banks have delivered some of the most impressive returns on the stock market. Tier-1 banks such as Zenith, Access, UBA, GTCO, and First HoldCo …
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BusinessCapital MarketEconomyFinanceForeign ExchangeINVESTMENTKenyaStock Market
Foreign Investors Return Strongly to Nairobi Stock Market with Four-Year High Purchases
Foreign investors have shown renewed confidence in Kenya’s capital market after years of weak participation, as their purchases of shares at the Nairobi Securities Exchange (NSE) hit a four-year high …
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BusinessCorporate AffairsFinanceInsuranceINVESTMENTNigeria
NSIA Insurance Reports N30.15bn Premium Growth, PBT Hits N3.44bn in 2024
NSIA Insurance Limited has announced a 35 per cent growth in its composite Gross Written Premium, which rose to N30.15bn in 2024 from N22.29bn recorded in 2023. The company disclosed …
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Addosser Finance has opened its first regional branch in Ibadan, Oyo State, as part of efforts to expand access to finance and empower small and medium-sized enterprises (SMEs) as well …
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BankingBusinessCapital MarketEconomyFinanceINVESTMENT
NGX Group Reports N24bn Revenue in 2024 on Bank Recapitalisation and Big Listings
The Nigerian Exchange Group Plc (NGX Group) recorded revenue of N24 billion in the 2024 financial year, boosted mainly by the recapitalisation of Nigerian banks and a series of high-profile …
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BankingBusinessEconomyFinanceINVESTMENTRegulation
GTCO Injects ₦365.85bn Into GTBank to Meet CBN Capital Requirement
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 …
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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 …