Legend Internet Plc has achieved a major milestone after recording a 119.7 per cent oversubscription in its Series 1 Commercial Paper (CP) issuance, signalling strong investor confidence in the company’s …
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Stanbic IBTC Pension Managers Deepens Cultural Support with “The Library” Installation at ART X Lagos
Stanbic IBTC Pension Managers, a subsidiary of Stanbic IBTC Holdings, has renewed its commitment to Nigeria’s creative sector by sponsoring The Library, a knowledge-driven installation showcased at the 10th edition …
- BusinessCapital MarketsEconomyFinanceInsuranceNigeriaRegulation
Guinea Insurance Moves to Raise N15bn as New Industry Capital Rules Take Effect
Guinea Insurance Plc has begun moves to strengthen its financial base as the Board of Directors seeks shareholders’ approval to raise up to N15bn in new capital. The plan was …
- BusinessFinanceFintechNewsNigeriaSecurityTechnology
OPay Wins Big at 2025 GRC Awards, Reaffirms Leadership in Financial Crime Prevention and Compliance
OPay, one of Nigeria’s largest and most influential financial technology companies, has strengthened its industry profile after winning two major honours for excellence in financial crime prevention, governance, risk management …
- BusinessEconomyFinanceNewsNigeriaSMEsTrade
Alternative Bank Pledges Stronger Support for Nigeria’s Export Growth at 2025 Trade Fair
The Alternative Bank has renewed its commitment to boosting Nigeria’s export trade by offering non-interest financing solutions to Micro, Small and Medium Enterprises. The bank made this pledge during the …
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Nigerian Equities Market Loses N444bn as Selloffs Hit Major Stocks
Nigeria’s equities market closed lower on Wednesday after a fresh wave of selloffs dragged several key stocks into negative territory, ending the market’s bullish momentum. The downturn wiped off about …
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Oyedele Says New 2026 Tax Reforms Will Cut Taxes for 98% of Nigerians
The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Mr Taiwo Oyedele, has assured Nigerians that the new tax reform laws taking effect from January 2026 will reduce …
- BusinessCurrencyEconomyFinanceGlobal MarketsMonetary Policy
U.S. Dollar Falls as Weak Economic Data Strengthens Expectations
The United States dollar fell on Tuesday as new economic data — much of it delayed by the recent government shutdown — supported expectations that the Federal Reserve may cut …
- AviationBusinessConsumer ProtectionEconomyGOVERNMENTTransportation
FG May Seize Dana Air Assets to Refund Stranded Passengers, Says Keyamo
The Federal Government may move against the assets of Dana Air to refund passengers and travel agents whose funds remain trapped after the suspension of the airline’s operations. The Minister …
- BusinessEconomyFinanceLabourPensionPublic Policy
Nigeria’s Pension Scheme Records Growth as RSA Holders Hit 10.9 Million, but Coverage Still Low
Nigeria’s Contributory Pension Scheme (CPS) has continued to grow steadily, with a total of 10,928,039 Retirement Savings Account (RSA) holders recorded in September 2025. This represents an increase from 10,882,661 …