The National Pension Commission (PenCom) has announced a fresh increase in the minimum capital requirements for Pension Fund Administrators (PFAs) and Pension Fund Custodians (PFCs), raising the thresholds to N20 …
Prudential Zenith Life Insurance Company Limited has announced that it has exceeded the minimum capital requirement set under the new Nigerian Insurance Industry Reform Act (NIIRA) by N19.3 billion, positioning …
Prestige Assurance Plc has announced a 51 per cent increase in its gross written premium for the 2024 financial year, highlighting its resilience in a challenging operating environment. The company’s …
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria has, for the first time since the Covid-19 pandemic in 2020, reduced the benchmark interest rate, signalling a cautious …
The currencies of several African countries are expected to remain stable in the coming week, with Uganda’s shilling projected to strengthen slightly against the United States dollar, according to traders. …
Kenyan Members of Parliament have begun reviewing a petition that seeks to restrict loan interest so that it never exceeds the original amount borrowed. The move comes as concerns grow …
An International Monetary Fund (IMF) staff team is set to arrive in Nairobi on September 25 for a two-week mission to open discussions with Kenyan authorities on a potential new …
The BATN Foundation has restated its commitment to empowering Nigeria’s smallholder farmers and strengthening the nation’s agricultural ecosystem through its 2025 Agribusiness Dialogue Session. The biennial event, which took place …
First HoldCo Plc has announced insider share dealings involving its Chairman, Mr. Olufemi Otedola, and his affiliated company, Calvados Global Services Limited, with the joint acquisition of 64.8 million shares …
In the ever-shifting landscape of Nigerian wealth creation, one debate continues to dominate dinner tables, boardrooms, and WhatsApp groups alike: should Nigerians put their money into real estate or stocks …