The National Pension Commission (PenCom) has given regulatory approval for Leadway Holdings Limited to acquire Pensions Alliance Limited (PAL Pensions), marking a major shift in Nigeria’s pension industry. The approval …
Banking, Finance & Investment
- BusinessCorporate AffairsFinanceINVESTMENTPensionRegulation
- Capital MarketFinanceGOVERNMENTInfrastructureINVESTMENTLagos News
Lagos State’s Latest Bond Issuance Records 70% Oversubscription
Lagos State has continued to strengthen its position in Nigeria’s capital market as the government’s latest bond issuance received overwhelming support from investors. The Lagos State Commissioner for Finance, Abayomi …
- AgribusinessAgricultureEconomyFinanceINVESTMENTNigeria
Valency Agro Nigeria Completes N13bn Commercial Paper and Exports
Valency Agro Nigeria Limited has strengthened its position as one of Nigeria’s leading agro-processing and export companies with the completion of a N13bn Commercial Paper issuance. The issuance, which is …
- BusinessCentral BankingEconomyFinanceINVESTMENTNewsNigeria
S&P Upgrade Boosts Confidence in Nigeria’s FX Reforms and Economic Outlook
Nigeria’s recent upgrade by S&P Global Ratings to a “positive” outlook has strengthened confidence in the Central Bank of Nigeria’s (CBN) ongoing currency reforms and economic policies. Analysts say the …
- FinanceGhana EconomyGovernanceINVESTMENTPetroleum
Ghana Parliament Approves Review of Petroleum Revenue Management
The Ghanaian Parliament on Tuesday adopted a report recommending a review of the Petroleum Revenue Management Act, Act 815, to allow the government to invest petroleum revenues in ways that …
- Banking, Finance & InvestmentBusiness GrowthBusiness InsightsCorporate NewsInsuranceMarket Updates
Cornerstone Insurance Gets A- Rating from Agusto
by Radarr Adminby Radarr AdminLagos, Nigeria – Cornerstone Insurance Plc has been assigned a national scale financial strength rating of “A-” (A minus) with a Stable Outlook by Agusto & Co. Limited, Nigeria’s leading …
- BankingBusinessEconomyFinanceINVESTMENTStock Market
Nigerian Stocks Extend Losses as Profit-Taking Wipes Out N471.99bn
The Nigerian Exchange Limited (NGX) opened the week on a negative note as persistent profit-taking dragged the All-Share Index (ASI) down by 0.50 per cent to close at 148,781.90 points …
- BusinessEconomyFinanceINVESTMENTPensionTechnology
Leadway Pensure’s Pension Assets Rise to N1.35tn, Up 23.45% in Six Months
Pension Fund Administrator Leadway Pensure has announced a strong financial performance for the first half of 2025, with its Assets Under Management (AUM) rising to N1.35 trillion as of the …
- BusinessDiplomacyEconomyInternational TradeINVESTMENTManufacturing
Nigeria, Indonesia Renew Partnership to Boost Trade, Investment and Economic Growth
Nigeria and Indonesia have reaffirmed their commitment to deepening bilateral trade and investment relations as both nations continue to explore new areas of cooperation in energy, manufacturing, agriculture, health, and …
- DiplomacyEconomyForeign AffairsINVESTMENTMarketsPolitics
Naira and Stocks Fall as Trump’s Military Threat Shakes Nigerian Markets
Nigeria’s financial markets opened November 2025 on a negative note as both the naira and equities fell sharply following remarks by United States President Donald Trump, who threatened possible military …