Understanding Cap Rate: Your First Glance at Profitability – The Quick Scan Dear investor, in Nigeria’s bustling property market, the ability to size up a real estate opportunity with surgical …
Finance & Services
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AfricaBusinessBusiness and EconomyBusiness InsightsDevelopmentEconomyFinance & ServicesINVESTMENTMarketsNigeriaReal EstateTrending TodayWestern Africa
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BusinessBusiness InsightsDigital EconomyEconomyFinance & ServicesInsuranceNigeria
NEM Insurance Plc has made a major breakthrough in Nigeria’s
insurance industry by becoming the first non-life insurance company to cross the N100 billion mark in gross premium income. The achievement was revealed during the company’s 55th Annual General Meeting …
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BusinessEconomyFinance & ServicesINVESTMENTMarketsNigeria
SEC: Listed Firms Paid N1.1 Trillion Dividends in 2024 as Market Activity Rises
The Securities and Exchange Commission (SEC) has disclosed that companies listed on the Nigerian Exchange paid a total of ₦1.1 trillion in dividends to shareholders in 2024, with ₦1.0 trillion …
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Banking, Finance & InvestmentBusinessBusiness and EconomyBusiness InsightsEconomyFinance & ServicesMarketsNigeria
First HoldCo Declares N25.13bn Dividend as 2024 Earnings Hit N3.21tn
First HoldCo Plc has announced a total dividend payout of N25.13 billion for the financial year ending December 31, 2024. The decision was approved at the company’s 13th Annual General …
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BusinessEconomyFinance & ServicesINVESTMENTNigeriaTrade and Commerce
World Bank Flags Nigeria’s Weak FDI Performance as Afreximbank Pushes for African-Led Investment
Nigeria’s foreign direct investment (FDI) has continued to perform below expectations, with the World Bank revealing that the country attracted less than one per cent of its GDP in FDI …
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BusinessEconomyFinance & ServicesHospitalNigeriaReal Estate
Capital Hotel Plc Grows Revenue to N17.98bn in 2024, Up 128%
Capital Hotel Plc, owners of Abuja Continental Hotel, has announced a revenue of N17.98 billion for the 2024 financial year, marking a 128 per cent increase from the N7.89 billion …
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BusinessEconomyFinance & ServicesSouth AfricaTrade and Commerce
Pick n Pay Narrows Loss, Targets Break-Even by 2028 as Turnaround Begins
South African retail giant Pick n Pay has reported a significantly smaller loss before tax for its full-year results, signalling early signs of recovery as the company pushes forward with …
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AfricaBanking, Finance & InvestmentFinance & ServicesINVESTMENTINVESTMENTMarkets
Standard Chartered Launches Global Campaign to Attract Affluent Investors, Emphasises Urgency in Wealth Planning
Standard Chartered Bank Limited has unveiled a new global marketing initiative tagged “Now’s Your Time for Wealth,” aimed at inspiring affluent clients to take decisive steps toward growing, protecting, and …
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EconomyFinance & ServicesGOVERNMENTLabourNigeriaPolitics
Federal Workers Forum Slams Tinubu Government, Declares Nationwide Protest Over Unpaid Wages
The Federal Workers Forum (FWF) has declared a nationwide protest to begin on Monday, May 26, 2025, in Abuja and across federal secretariats nationwide, expressing deep frustration over what it …
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BusinessDevelopmentFinance & ServicesGOVERNMENTHealthcareNigeria
Fidelity Bank Donates Food, POS Machines to Support Over 4,500 Residents in Osun State
Fidelity Bank Plc has stepped up its commitment to social impact in Osun State by donating essential food items to more than 4,500 residents and distributing 500 Point of Sale …