Guaranty Trust Holding Company Plc (GTCO) has announced plans to raise about $100 million through a fully marketed equity offering on the London Stock Exchange (LSE). This move is part …
Economy
- Banking, Finance & InvestmentBusinessEconomyFinance & ServicesInternational RelationsMarketsNigeria
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Foreign Investor Backs Nigeria’s Economic Reforms as IMF, CBN Hail Progress
Veteran Asia-Pacific investor and founder of the Research Alpha fund, Michael McGaughy, has praised the economic reforms introduced by the Central Bank of Nigeria and President Bola Tinubu’s administration, describing …
- EconomyFinance & ServicesInsuranceINVESTMENTMarketsNigeria
Royal Exchange Posts N496.8m Profit Amid Lower Earnings
Royal Exchange Plc, a key player in Nigeria’s insurance and financial services sector, has reported a profit after tax of N496.8 million for the financial year ended March 31, 2025. …
- DevelopmentEconomyFinance & ServicesGOVERNMENTInternational RelationsOil & Gas
IMF hails CBN’s reforms, warns Nigeria to adjust 2025 budget over oil revenue
The International Monetary Fund (IMF) has praised the Central Bank of Nigeria (CBN) for the bold reforms it introduced to stabilise the economy, but warned that Nigeria may exceed its …
- BusinessEconomyEducationFinance & ServicesINVESTMENTMarketsNigeria
United Capital Hosts Investment Forum to Push Financial Literacy and Inclusive Wealth Building
United Capital Asset Management, a subsidiary of United Capital Plc, one of Africa’s leading investment banking and financial services groups, has held the second edition of its flagship Investment Forum. …
- BusinessEconomyEnergyGOVERNMENTOil & GasPolitics
Oil Companies Oppose Govt’s Order to Supply Dangote, Local Refineries
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has revealed that many oil companies in Nigeria opposed the Federal Government’s directive to supply crude oil to local refineries, including the Dangote …
Nigeria’s biggest bank by market value, Guaranty Trust Holding Company Plc (GTCO), is making bold moves to expand its international reach. The banking group has announced plans to list its …
The Nigerian Electricity Regulatory Commission (NERC) has said that electricity consumers across Nigeria submitted over 4,000 complaints to the Commission in the first quarter of 2025, with less than 40 …
- DevelopmentEconomyEducationEnergyNigeriaTechnology
Instollar Launches Second Phase of InstallHER to Empower Nigerian Women in Solar Sector
Instollar Technologies has announced the second phase of its InstallHER Initiative, a clean energy training programme designed to increase the number of women participating in Nigeria’s growing solar energy sector. …
- Banking, Finance & InvestmentDevelopmentEconomyEducationEntrepreneurshipNigeriaTechnology
Ecobank Launches InnovateX Competition to Empower Nigerian Youth with N20m Prize Pool
Ecobank Nigeria, in collaboration with Heave Ventures, has unveiled a new initiative aimed at empo wering young Nigerians in the creative and STEM (science, technology, engineering, and mathematics) sectors. The …