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 …
Banking, Finance & Investment
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BusinessCorporate AffairsFinanceInsuranceINVESTMENTNigeria
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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 …
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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 …