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 …
INVESTMENT
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AfricaBusinessEconomyFinance & ServicesInnovationInsuranceINVESTMENTNigeria
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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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AgricultureBusinessEconomyInfrastructureINVESTMENTManufacturingTrade and Commerce
Dangote Group Partners with Niger State to Boost Rice Production, Launches Multi-Billion Naira Rice Mill Project
The Dangote Group has launched a multi-billion naira agricultural partnership with the Niger State Government, marking a significant step towards enhancing rice production and securing food self-sufficiency in Nigeria. Announced …
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DevelopmentEconomyGOVERNMENTInfrastructureInnovationINVESTMENTPolicies
Nigeria’s Telecom Sector to Get $1 Billion Boost as Minister Tijani Promises Better Services by Q3 2025
Nigeria’s telecommunications sector is gearing up for a major turnaround as the Minister of Communications and Digital Economy, Dr. Bosun Tijani, has announced a $1 billion investment in network equipment—a …
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DevelopmentEconomyEntrepreneurshipGOVERNMENTInnovationINVESTMENTNigeriaTechnology
Katsina Will Be Nigeria’s Innovation Hub by 2030 — Governor Radda Declares at Arewa Tech Fest 2.0
Katsina State Governor, Dikko Umaru Radda, has boldly projected that Katsina will emerge as Nigeria’s innovation hub by the year 2030, attributing this to several technology-driven policies and initiatives being …
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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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EconomyEnergyGOVERNMENTINVESTMENTLeadershipNigeriaOil & Gas
Tinubu Charges New NNPC Board to Drive Economic Transformation, Boost Oil Output
President Bola Ahmed Tinubu has tasked the newly inaugurated board of the Nigerian National Petroleum Company Limited (NNPCL) with the critical responsibility of using their industry experience and expertise to …
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Banking, Finance & InvestmentBusinessDigital EconomyEconomyFinance & ServicesINVESTMENTNigeria
Signature Bank Bounces Back with N768 Million Profit in 2024, Records 374% Revenue Growth
Signature Bank Limited has made a major comeback in 2024, posting a profit before tax of N768.05 million, a sharp turnaround from the loss of N2.87 billion it recorded in …
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AFRICA NEWSEnergyEnvironmentINVESTMENTINVESTMENTOil & Gas
Union Investment Cuts Ties with TotalEnergies Over Human Rights Abuse Allegations in East Africa
A major European investment company, Union Investment, has removed French oil giant, TotalEnergies, from its sustainability funds after new accusations of human rights abuses surfaced concerning a massive oil project …
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BusinessBusiness InsightsDevelopmentFinance & ServicesINVESTMENTMarketsReal Estate
Real Estate Syndication Explained: Legal Structures, Risks, and ROI
So, you’re eager to dive into substantial real estate investments, perhaps eyeing a lucrative commercial property or a sprawling residential complex. Yet, the hefty capital required for such ventures often …