AVA Capital to list on NGX by introduction Friday
AVA Capital Plc, an integrated financial services group with operations in investment banking, asset management, securities trading and trusteeship, is set to…
Business
S&P Global to acquire majority stake in Africa’s Agusto & Co.
S&P Global has agreed to acquire a majority stake in Agusto & Company Limited, a leading Pan-African credit rating agency, in a…
Lasaco Assurance raises ₦19.3bn in rights issue
Lasaco Assurance Plc has recorded another significant milestone in its ongoing recapitalisation programme, raising N19.3 billion from existing shareholders in its recently…
United Capital posts ₦24.8bn pre-tax profit in H1 2026
United Capital Plc has released its H1 2026 results, reporting a pre-tax profit of N24.777 billion for the six months ended June…
Nigeria is facing shortage of investment-ready startups, not funds — SMEDAN
The Small and Medium Enterprises Development Agency of Nigeria has stated that the country’s major challenge is no longer the availability of…
UK snubs Nigeria, waives proof-of-funds demand for Tunisia, others
Botswana, Mauritius and Tunisia are among a group of countries whose citizens can apply for a UK Student visa without submitting upfront…
AMCON recovers N165bn from bank debtors in H1 2026
The Asset Management Corporation of Nigeria recovered approximately N165 billion from bank debtors in the first half of 2026, representing a 64…
Over 90% of informal workers abandon personal pension plan
More than 90 per cent of informal sector workers who enrolled in the Personal Pension Plan have abandoned the scheme, as subscribers…
Oando plans power generation from abandoned oil wells
Oando Energy Resources, a subsidiary of Oando Plc, has announced plans to generate electricity from abandoned oil wells through a pilot geothermal-style…
Senate replaces outdated insurance law with new regulatory framework
The Senate has repealed the nearly 30-year-old National Insurance Commission Act of 1997, saying the law had become outdated and was no…
New Zealand hotels booked two years ahead of total eclipse
Hotels in Dunedin, New Zealand, are already receiving bookings for 2028, with some accommodation providers filling up two years ahead of the…
Nigeria secures $155m clean energy investments
Nigeria has secured $155m in clean energy investments as the Rural Electrification Agency steps up efforts to position the country as Africa’s…