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Lasaco Assurance turns tide on half-year loss, helped by cost efficiency

Nigeria, July 18 -- Composite insurance underwriter Lasaco Assurance has turned the corner on the N731.5 million half-year loss it logged in the first six months of last year, which heralded its first... Read More


Airtel Africa secures legal authorisation over planned boost of future shareholder returns

Nigeria, July 16 -- Airtel Africa secured a key legal authorisation from a UK court for a capital reduction aimed at beefing up its distributable reserves for future shareholder returns, the London-ba... Read More


Climate tech overtakes fintech as Africa's top venture funding sector - Report

Nigeria, July 15 -- Climate tech, the field of technologies and solutions that are increasingly adapted to tackle the climate crisis, has emerged as Africa's top venture funding sector, confining fint... Read More


Zenith Bank, Unilever, BUA Cement top stock pick this week

Nigeria, July 13 -- The earnings' season is here once more, with the half-year period already gone past and the publication of corporate results set to commence any moment soon. The largely positive ... Read More


Emerald HoldCo makes N6.9 billion takeover bid for Beta Glass' minority shares

Nigeria, July 7 -- Emerald HoldCo B.V, the new majority owner of Beta Glass, has launched a mandatory takeover offer to acquire up to 11.74 million shares held by other shareholders of the glass conta... Read More


SEC lifts ban on BGL Securities, BGL Asset Management

Nigeria, July 7 -- The Nigerian capital market's top watchdog, the Securities and Exchange Commission (SEC), has withdrawn the suspension it placed on BGL Securities Limited and BGL Asset Management i... Read More


NEM Insurance, Custodian, Fidelity Bank top stock pick this week

Nigeria, July 6 -- Last week, Nigerian stocks fell by 1.2 per cent, marking its third week of broad retreat in the wake of the introduction of a T+1 settlement cycle in June. The Banking Index was wo... Read More


PZ Cussons' annual profit quickens by 298% as asset disposal boosts earnings

Nigeria, July 4 -- PZ Cussons Nigeria attributed its robust profit growth for the year ended 31 May 2026 to proceeds from asset disposal rather than to its regular sources of income that had shaped it... Read More


Supreme Court overturns Appeal Court's order confiscating General Hydrocarbon's oil vessel

Nigeria, July 3 -- The Supreme Court of Nigeria on Friday dismissed a decision of the Court of Appeal ordering the seizure of FPSO Tamara Tokoni, a vessel containing crude oil pledged by oil-servicing... Read More


Firm linked to Otudeko's Honeywell Group buys 14% stake in Ikeja Hotel

Nigeria, July 3 -- HGL Real Estate Limited, a company with no significant digital presence, linked to billionaire tycoon Oba Otudeko, has acquired a 14.1 per cent stake in Lagos-listed hospitality pro... Read More