United Bank for Africa Plc (UBA) has been named the strongest Nigerian brand in the 2024 Brand Finance ranking, moving up from 9th place last year to the top spot. …
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AfricaAFRICA NEWSBanking, Finance & InvestmentBusinessFinance & ServicesGlobal NewsInnovationNewsNigeria
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BusinessEconomyFinance & ServicesGOVERNMENTInsuranceINVESTMENTNewsNigeria
IGI Pays Over N1.8bn in Insurance Claims, Targets Higher Payouts in 2024
Industrial and General Insurance Plc (IGI) has announced that it paid more than ₦1.8 billion in claims to policyholders over the past year, reaffirming its commitment to rebuilding public trust …
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Banking, Finance & InvestmentEastern AfricaEconomyFinance & ServicesINVESTMENTKenyaNews
Standard Chartered Kenya Posts KSh20 Billion Profit Despite Drop in Assets
Standard Chartered Bank Kenya has reported a net profit of KSh20 billion for the 2024 financial year, showing a 45 percent increase compared to the KSh13.8 billion it made in …
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Banking, Finance & InvestmentEastern AfricaEconomyFinance & ServicesINVESTMENTKenyan NewsNewsTANZANIA
KCB Group Reports KSh16 Billion Net Profit in Q1 2024 Despite Higher Loan Provisions
Kenya Commercial Bank (KCB) Group has announced that it made a net profit of KSh16 billion in the first quarter of 2024, which is the same amount the bank made …
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CorruptionFinance & ServicesMarketsNewsNigeriaPoliticsReal Estate
Abuja Real Estate Market Raises Concerns Over Source of Wealth Amid Surging Prices
Abuja, Nigeria’s capital city, is known mainly as the seat of government, where the country’s major political institutions are located. It is not a commercial or industrial hub like Lagos …
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Banking, Finance & InvestmentBusinessEconomyFinance & ServicesGOVERNMENTNewsNigeria
CIBN Says Nigerian Banks Are Safe and Stable, Urges Public to Ignore Rumours
The Chartered Institute of Bankers of Nigeria (CIBN) has assured Nigerians that the country’s banking sector is strong, stable, and not in danger. This reassurance came after some media reports …
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BusinessBusiness InsightsManufacturingNewsNigeria
Unilever Nigeria Grows Q1 2025 Profit by 65%, Signals Strong Outlook for the Year
Unilever Nigeria Plc has posted a profit after tax of N5.6 billion for the first quarter ended March 31, 2025, showing a 65 per cent increase from N3.4 billion recorded …
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AfricaBusinessBusiness InsightsHealthcareManufacturingMarketsNewsNigeria
Neimeth Grows Q1 2025 Profit by 49%, Eyes Return to Dividend Payments
Neimeth International Pharmaceuticals Plc has recorded a 49 per cent rise in profit after tax in the first quarter of 2025, showing a promising turnaround for the company as it …
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AFRICA NEWSBusinessBusiness InsightsEconomyEntrepreneurshipGOVERNMENTINVESTMENTMarketsNewsTechnology
Custodian Investment Grows Profit by 133%, Pays ₦60.67bn Before Tax in 2024
Custodian Investment Plc has recorded a major profit jump, ending the 2024 financial year with a profit before tax of ₦60.67 billion. This marks a 133 per cent increase from …
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AgricultureBusinessEastern AfricaEconomyGOVERNMENTInternational RelationsMALAWINewsSouth AfricaTANZANIATrade and Commerce
Tanzania and Malawi End Trade War, Agree to Lift Restrictions and Implement Regional Trade Deal
Tanzania and Malawi have officially ended their trade dispute, agreeing to lift restrictions that had affected the movement of goods between both countries. After holding bilateral talks, the two nations …