Shareholders of Berger Paints Nigeria Plc (BPN) have approved a total dividend payout of N1.20 per share for the 2024 financial year, signalling confidence in the company’s performance and leadership. …
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Naira Gains Ground Against Dollar as CBN Holds Interest Rate Steady
The Nigerian naira has shown consistent strength against the US dollar throughout the week, culminating in a notable appreciation on Friday, May 23, 2025.Data from the Central Bank of Nigeria …
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AfricaAgricultureEconomyFinance & ServicesINVESTMENTPoliciesZAMBIA
Zambia Keeps Interest Rate Steady at 14.5% as Inflation Forecast Improves
Zambia’s Central Bank has decided to keep its main interest rate unchanged at 14.50 percent. This decision comes after two recent hikes in the rate aimed at controlling high inflation …
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BusinessFinance & ServicesInnovationInsuranceLeadershipNigeria
Guinea Insurance Plc Reaffirms Commitment to Resilience and Innovation at Strategic Board Retreat
Guinea Insurance Plc has reaffirmed its dedication to building a resilient, innovation-driven, and trusted brand following a strategic Board of Directors retreat held in Lagos. Described as a moment of …
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BusinessEconomyFinance & ServicesFintechInnovationNigeriaTechnology
Mida Technologies Redefines Debt Recovery with Tech-Driven Empathy, Achieves 40% Repayment Rate
Mida Technologies, a Nigerian loan recovery firm, is making waves in the country’s financial sector by adopting a unique model that combines technology with empathy—a strategy that is yielding a …
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AfricaBusinessEconomyFinance & ServicesInnovationInsuranceINVESTMENTNigeria
Sanlam and Allianz Set to Finalize Merger in Nigeria, Reshaping Insurance Landscape
Two of the most prominent players in global and African insurance and financial services, Sanlam and Allianz, appear poised to complete the anticipated merger of their operations in Nigeria, marking …
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BusinessEconomyFinance & ServicesInsuranceINVESTMENTNewsNigeria
AM Best Assigns “B+” Credit Rating to Linkage Assurance Plc, Outlook Stable
Linkage Assurance Plc, a key player in Nigeria’s non-life insurance sector, has received a Long-Term Issuer Credit Rating (ICR) of “B+” (Good) from AM Best, a renowned global credit rating …
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BusinessEconomyFinance & ServicesGOVERNMENTInfrastructureINVESTMENTMarketsNigeria
FG Offers N300bn Bonds in May Auction to Raise Funds for 2025 Budget
The Debt Management Office (DMO) has announced the public offering of N300 billion worth of Federal Government of Nigeria (FGN) bonds for subscription through auction, as part of the government’s …
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Banking, Finance & InvestmentBusinessBusiness InsightsEconomyFinance & ServicesFintechNigeriaTechnology
Nigerian Loan Recovery Firm, Mida Technologies, Achieves 40% Success with Tech and Empathy
A Nigerian loan recovery company, Mida Technologies, says it is recovering up to 40 per cent of bad loans by using a human-focused approach supported by technology, breaking away from …
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BusinessDevelopmentEconomyEnergyFinance & ServicesInfrastructureNigeria
First Electric, REAN Seal Deal to Boost Solar Access with Flexible Payment Plan
First Electric, a top solar energy provider in Nigeria, has signed a landmark cooperation agreement with the Renewable Energy Association of Nigeria (REAN) aimed at expanding access to solar energy …