By Cynthia Alo Africinvest, a pan-African asset management company, has acquired a minority stake in Royal Exchange General Insurance Company (REGIC). Speaking at a press conference, Managing Director of REGIC, Mr . Ben Ajili, said that the investment was made through its evergreen private equity fund, FIVE, in the form of a subscription to a […]

As volume increases 7.7% By Nkiruka Nnorom Foreign investors’ apathy in the Nigerian stock market has led to a decline in the value of investments on the Nigerian Exchange Limited (NGX) in the first nine months of 2021, despite the increased volume of transactions reported by the exchange during the period. The investors committed N636.60 […]

A year ago, Nigerian youth organised themselves in the peaceful #EndSARS protests to demand freedom from police brutality.

By Luminous Jannamike Some aggrieved Nigerians on Wednesday took to the streets of Abuja, the nation’s capital, to commemorate the first anniversary of the #ENDSARS protest which ended with the shootings at Lekki toll gate in Lagos last year. The protestors, numbering about 200 people, converged at the Unity Fountain Ground in Maitama before marching […]

By Olasunkanmi Akoni Lagos State Government has disbursed the sum of  N1.029 billion Retirement Savings Accounts, RSA, of 291 retirees as pension rights. The Director-General, Lagos State Pension Commission, LASPEC, Mr Babalola Obilana, made the disclosure at the 89th Monthly Bond Presentation ceremony of the Lagos State Government in Alausa, Ikeja. The Director-General, represented by […]