Cornerstone Insurance, FIN Insurance meet NIIRA 2025 recapitalisation requirement
Cornerstone Insurance and its subsidiary, FIN Insurance Company Limited, have been recognised by NAICOM to have fulfilled the recapitalisation requirement
Oando grows half year revenue to N2.1trn
Oando Plc has recorded a 20 per cent increase in revenue to N2.1 trillion for the half-year ended June 30, driven by higher crude oil production, improved operational efficiency and cost optimisation.
Equities market reverses gains, investors lose N599bn
The stock market closed on a negative note on Tuesday, reversing the gains recorded in the previous trading session as investors lost N599 billion.
Economic Council approves $4.5b crude oil backed loan refinance for NNPC
The National Economic Council (NEC) has approved the refinancing of NNPC Limited’s $3.3 billion oil-backed pre-export finance facility through a new $4.5 billion arrangement.
Delta State unveils roadmap to unlock 3,000MW potential
..Transcorp, Manitoba, InfraCredit, CNG Initiative pledge investmentsBy Babajide Komolafe, Economy Editor & Egufe Yafugborhi, Ochuko AkuophaASABA—Delta State yesterday unveiled a roadmap to unlock its nearly 3,000 megawatts of installed electricity generation capacity, with plans to establish a Delta State Electricity Regulatory Commission and a Delta State Rural Electrification Agency, as major investors in the power […]
Interest rate to remain high amid inflationary pressures — United Capital
By Peter Egwuatu United Capital Plc, has indicated that interest rate in Nigeria is expected to remain high at the backdrop of inflationary pressures in the second half of 2026 H2’26. Speaking at its investor relations roundtable, held in Lagos, with the theme: “Decoding performance insights into United Capital Growth Drives and outlook”, the company’s Group […]
