Airtel Africa Plc has returned a total of $34.7 million to its shareholders after repurchasing 14.2 million shares under its ongoing share buyback programme. The telecoms and mobile money services …
Economy
- BusinessCapital MarketCorporate ServicesEconomyFinanceINVESTMENTNigeriaTelecommunications
- BankingCapital MarketCorporate EarningsEconomyFinanceINVESTMENTNigeria
Zenith Bank Half-Year Profit Hits N532bn, Gross Earnings Rise to N2.5tn
Zenith Bank Plc has reported strong financial results for the first half of 2025, growing its gross earnings to N2.5 trillion as of June 30, 2025. This represents a 20 …
- BankingCapital MarketCorporate EarningsEconomyFinanceINVESTMENTNigeria
Stanbic IBTC Half-Year Profit Jumps to N173.4bn on Strong Interest and Fee Income
Stanbic IBTC Holdings Plc has reported a profit after tax of N173.4 billion for the half year ended June 30, 2025, showing a 49 per cent rise compared with the …
- BankingEconomyFinanceGovernanceMonetary PolicySMEs
CPPE Urges CBN to Ease Monetary Policies to Support SMEs
The Centre for the Promotion of Private Enterprise (CPPE) has urged the Central Bank of Nigeria (CBN) to adopt a more balanced policy direction that will make credit more affordable …
- EconomyFinanceGovernanceLabourPensionRegulation
PenCom Bans Cross-Shareholding in Pension Firms, Moves to Protect Contributors’ Funds
The National Pension Commission (PenCom) has released new guidelines banning significant cross-shareholding among Pension Fund Operators (PFOs). The move, which became effective immediately on Friday, is aimed at promoting transparency, …
- EconomyGovernanceInfrastructureInternational Development
Surveyor General Says Nigeria’s Mapping Project On Course, Defends Move of OSGOF to Presidency
The Surveyor General of the Federation, Mr. Abuduganiyu Adebomehin, has said that the Federal Government’s plan to map Nigeria is fully on course, stressing that those threatening to challenge the …
- BusinessCorporate EarningsEconomyFinanceInsuranceNigeria
Regency Alliance Insurance Pays N3.14bn in Claims Despite Profit Decline
Regency Alliance Insurance Plc has reported a sharp increase in claims payment, rising by 242.59 per cent to N3.14 billion in the first half of 2025. The figure, contained in …
- BusinessEconomyFinanceGovernanceHealthInsurance
NAICOM Raises Alarm Over $2bn Annual Capital Flight in Health Insurance
The National Insurance Commission (NAICOM) has revealed that Nigeria is losing about $2 billion every year to capital flight as multinational companies provide health insurance for their employees through foreign …
- BusinessCorporate NewsEconomyFinanceInsuranceTechnology
Atiat Limited Opens New Lagos Headquarters, Launches Strategic Vision Atiat 3.0
Atiat Limited, a company known for leadership in automotive leasing and finance, has opened its new head office on Victoria Island, Lagos, as part of its plan to expand into …
- ClimateEconomyEnergyGhanaLeadershipOil & GasRegional Cooperation
GNPC Boss Kwame Ntow Amoah Becomes APPO Chairman
Mr Kwame Ntow Amoah, Chief Executive Officer of the Ghana National Petroleum Corporation (GNPC), has pledged to strengthen cooperation among Africa’s oil-producing nations after assuming the role of Chairman of …