Category: Business

FSD Africa, InfraCredit invests £10m into Nigeria’s climate structure

FSD Africa Investments and InfraCredit have committed £10 million to a risk-sharing backstop facility that...

Sterling Bank, LASHMA expand healthcare coverage in Lagos

As a result of the partnership between the Lagos State government and Sterling Bank, residents of Lagos...

Nigerians to pay more for beer – Nigerian Breweries

Nigerian Breweries has announced a price rise on all of their goods beginning on August 10,...

Lafarge Africa reports 29% profit increase

Lafarge Africa’s 2023 second-quarter results have shown that pre-tax profits rose by 29.02% year over...

FCMB Group records 148% growth H1 2023

FCMB Group Plc reported excellent results across all major metrics, with a 148% increase in profit...

NASD OTC Securities Exchange drops by 0.08%

The NASD Over-the-Counter Securities Exchange on Monday, July 31, fell by 0.08 percent, subtracting N400...

Prestige Assurance hits 34% gross premium growth

Prestige Assurance Plc increased its gross premium written by 34% to N12.4 billion at the...

NCC to block stolen SIMs in five minutes

The Nigerian Communications Commission has suggested shortening the process from 30 minutes to 5 minutes...

Lasaco Assurance announces N183m dividend payment

Lasaco Assurance Plc has announced that it will pay a 15 kobo dividend on each...

30% CIT on foreign tankers to cut FG’s profit – Shipowners

The 30% corporation income tax that was recently imposed on members of the International Association...

Analysts predict crude oil won’t sell $90/barrel

Some oil market analysts have predicted that the price of crude oil is not anticipated to...

Heineken’s top shareholder, Charlene de Carvalho, loses $877m

The largest stakeholder in Heineken and one of the richest women in the world, Charlene...