Afrinvest, one of Nigeria’s leading investment banking and asset management firms, has launched a Sharia-compliant mutual fund, the Afrinvest Halal Fund, to tap into the growing demand for ethical and …
Markets
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BusinessFinance & ServicesMarketsNigeriaZenith Bank
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BusinessEconomyFinance & ServicesInsuranceINVESTMENTMarketsNigeria
Guinea Insurance Posts N114.7m Loss in First Half of 2025 Despite Rising Revenue
Guinea Insurance Plc has announced a net loss of N114.7 million for the first half of 2025, marking a sharp reversal from the profit of N116.1 million it recorded in …
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EconomyEnergyGOVERNMENTInfrastructureKenyaMarkets
Ruto to Privatise Kenya Pipeline Company by September, Eyes Revenue and Market Revival
President William Ruto of Kenya has announced that the Kenya Pipeline Company (KPC) will be listed on the Nairobi Securities Exchange (NSE) in September 2025, marking the first step in …
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BusinessEconomyFinance & ServicesManufacturingMarkets
Lafarge Africa Reports N268.6bn Q2 2025 Revenue, Up 70% Year-on-Year
Lafarge Africa Plc, a top cement and building solutions provider in Nigeria, has reported a substantial increase in revenue for the second quarter of 2025, with sales hitting N268.63 billion. …
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BusinessEconomyEnergyMarketsOil & GasPolitics
Tinubu Meets Dangote at State House, Restates Support for African-Led Energy Market
President Bola Ahmed Tinubu on Tuesday evening received billionaire industrialist and Chairman of Dangote Group, Alhaji Aliko Dangote, at the Presidential Villa in Abuja for a private meeting, underscoring the …
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The Securities and Exchange Commission (SEC) says that Nigeria can unlock up to $500 billion in dormant agricultural and mineral assets if the country formalises the trading of commodities and …
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AgricultureEconomyFood ProductionMarketsNigeriaSecurity
Lagos Poultry Association to Launch Direct Sales in LGAs, Eyes N1,000 Crate Reduction in Egg Prices
In a move aimed at reducing the cost of eggs and other poultry products in Lagos State, the Poultry Association of Nigeria (PAN), Lagos chapter, has announced plans to establish …
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BusinessEconomyFinance & ServicesInfrastructureINVESTMENTMarkets
Craneburg EKSG Motorway Company Lists N32.5bn 20-Year Infrastructure Bond
Craneburg EKSG Motorway Company Plc has officially listed its N32.5 billion, 20-year, 22 per cent senior guaranteed fixed-rate infrastructure bond on the Nigerian Exchange Limited (NGX). The bond was admitted …
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EconomyFinance & ServicesGOVERNMENTMarketsNigeriaPoliciesTechnology
SEC to Launch USSD Code to Help Nigerians Verify Investment Operators
The Securities and Exchange Commission (SEC), Nigeria’s top capital market regulator, has announced plans to launch a new Unstructured Supplementary Service Data (USSD) code to help Nigerians verify the registration …
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Banking, Finance & InvestmentEconomyFinance & ServicesGOVERNMENTINVESTMENTMarkets
Nigerian Stock Market Hits Historic Highs with 136% Gain Under Tinubu Presidency
The Nigerian stock market is experiencing its most remarkable growth since the country’s return to democracy in 1999, recording a 136% gain in the All-Share Index (ASI) under President Bola …