By Babajide Komolafe United Bank for Africa Plc (UBA) has sustained its growth trajectory, with total assets crossing the N33 trillion mark and maintaining momentum into the first quarter of 2026, following strong growth in earnings in Full Year 2025 and Q1’26. The bank’s unaudited results for the first quarter ended March 31, 2026, showed that total […]

Peter Egwuatu  The stock market extended its bullish run for the fourth consecutive week, supported by sustained investor interest in Banking and Industrial Goods stocks. Trading last week o the Nigerian Exchange Limited, NGX showed that market participants digested the first wave of the first quarter, Q1’26  earnings reports across the Consumer Goods, Cement, and Hospitality […]

A Federal High Court sitting in Ikoyi, Lagos, has restrained the Directors of Retail Supermarkets (ShopRite) from selling the shares or assets of the Company until the satisfaction of the judgment debt.

By Rosemary Iwunze AXA Mansard Insurance Plc has reported a 22 per cent increase in insurance revenues to ₦160.56 billion for the financial year ended December 31, 2025, underlining sustained growth momentum despite a challenging macroeconomic environment marked by inflationary pressures and foreign exchange volatility. The insurer, a member of the AXA Group, disclosed this […]

This week, the naira weakened by N9.66 per dollar in the official market, with the number of deals in the Interbank foreign exchange market falling by 41.7 percent to 346 deals from 594 deals the previous week.