Category: Business

Oil jumps amid escalating Iran-US tensions in Middle East

Oil prices surged during Asian trading on renewed geopolitical tensions in the Middle East after...

NCC, REA partner to cut digital infrastructure costs

Nigeria is set to reduce the cost of digital infrastructure expansion through a new partnership...

NLNG hits $150bn revenue as global LNG exports exceed 6,000 cargoes

Nigeria LNG Limited has generated more than $150 billion in revenue and exported over 6,000...

AVA Capital to list on NGX by introduction Friday

AVA Capital Plc, an integrated financial services group with operations in investment banking, asset management,...

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...

Lasaco Assurance raises ₦19.3bn in rights issue

Lasaco Assurance Plc has recorded another significant milestone in its ongoing recapitalisation programme, raising N19.3...

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...

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...

AMCON recovers N165bn from bank debtors in H1 2026

The Asset Management Corporation of Nigeria recovered approximately N165 billion from bank debtors in the...

Over 90% of informal workers abandon personal pension plan

More than 90 per cent of informal sector workers who enrolled in the Personal Pension...

Oando plans power generation from abandoned oil wells

Oando Energy Resources, a subsidiary of Oando Plc, has announced plans to generate electricity from...

Senate replaces outdated insurance law with new regulatory framework

The Senate has repealed the nearly 30-year-old National Insurance Commission Act of 1997, saying the...