The Federal Government of Nigeria has announced plans to raise N300 billion from the bond market through an auction scheduled for Sunday, May 26, 2025. The move is part of …
Banking, Finance & Investment
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EconomyFinance & ServicesGOVERNMENTINVESTMENTMarketsNigeria
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Federal Government Inaugurates New AMCON Board, Sets Timeline for Wind-Down
The Federal Government has officially inaugurated a new Board of Directors for the Asset Management Corporation of Nigeria (AMCON), with a strong message to focus on recovering assets and begin …
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Banking, Finance & InvestmentBusinessDigital EconomyEconomyFinance & ServicesINVESTMENTNigeria
Signature Bank Bounces Back with N768 Million Profit in 2024, Records 374% Revenue Growth
Signature Bank Limited has made a major comeback in 2024, posting a profit before tax of N768.05 million, a sharp turnaround from the loss of N2.87 billion it recorded in …
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Banking, Finance & InvestmentBusiness and EconomyEastern AfricaEconomyEnergyHealthcareTransportation & Logisitics
Uganda Signs $800 Million Deal with Islamic Development Bank for Key Infrastructure Projects
Uganda has secured a $800 million financing agreement with the Islamic Development Bank (IsDB) to fund major infrastructure projects aimed at boosting trade and development across the country. The deal …
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AFRICA NEWSEnergyEnvironmentINVESTMENTINVESTMENTOil & Gas
Union Investment Cuts Ties with TotalEnergies Over Human Rights Abuse Allegations in East Africa
A major European investment company, Union Investment, has removed French oil giant, TotalEnergies, from its sustainability funds after new accusations of human rights abuses surfaced concerning a massive oil project …
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Banking, Finance & InvestmentINVESTMENTLeadershipMarketsNigeria
Fidelity Bank CEO Buys Over N760m Shares, Reaffirms Confidence Amid Legal Scrutiny
The Managing Director and Chief Executive Officer of Fidelity Bank Plc, Dr Nneka Onyeali-Ikpe, has continued to demonstrate her confidence in the financial institution by acquiring more than N760 million …
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UBA Named Nigeria’s Strongest Brand in 2024, Ranks Among World’s Top 15 Banking Brands
United Bank for Africa Plc (UBA) has claimed the top spot as Nigeria’s strongest brand in the 2024 Brand Finance ranking, making a significant leap from its 9th position in …
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BusinessBusiness InsightsEconomyFinance & ServicesGOVERNMENTInnovationInsuranceINVESTMENTMarketsNewsNigeria
AM Best Assigns ‘B+’ Rating to Linkage Assurance Plc, Cites Strong Balance Sheet and Risk Management
Linkage Assurance Plc, a Nigerian insurance company listed on the Nigerian Exchange Group, has been assigned a long-term issuer credit rating of ‘B+’ by AM Best, a globally recognised credit …
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AfricaAFRICA NEWSBanking, Finance & InvestmentBusinessFinance & ServicesGlobal NewsInnovationNewsNigeria
UBA Emerges Nigeria’s Strongest Brand in 2024 Brand Finance Ranking
United Bank for Africa Plc (UBA) has been named the strongest Nigerian brand in the 2024 Brand Finance ranking, moving up from 9th place last year to the top spot. …
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AfricaBusinessEconomyEnergyEnvironmentInnovationINVESTMENTNigeria
Winock Solar Named Africa’s Fastest-Growing Energy Firm in Financial Times Ranking
Nigerian renewable energy company, Winock Solar, has been named the fastest-growing energy firm in Africa, according to the 2025 Financial Times list of Africa’s Fastest-Growing Companies. The firm, which is …