Drug trafficking through ports threatens Nigeria’s trade reputation, economy — Report
By Providence Ayanfeoluwa Nigeria’s growing exposure to drug trafficking through its seaports is posing a serious threat to the country’s international trade reputation, economic competitiveness and investment prospects, the Sea Empowerment & Research Center (SEREC) has warned. In its July 2026 Policy Bulletin released yesterday, SEREC said the persistent use of Nigerian seaports as transit routes […]
Nigeria’s trade balance rises 43% to $19.3bn in 9mths
By Elizabeth Adegbesan Nigeria’s trade balance rose by 43.8 percent year-on-year (YoY) to N19.32 billion in the first nine months of the year (9M’25) from $13.43 billion in 9m’25. Financial Vanguard analysis of data from the National Bureau of Statistics, NBS, report titled, ‘Foreign Trade in Goods Statistics’ showed that the value of exports outweighed imports during […]
Investors gain N1.5trn as stocks sustain upward trend
By Peter Egwuatu The Nigerian stock market sustained its upward trend last week with investors gaining over N1.5 trillion. The Nigerian Exchange Limited, NGX closed higher last week, deepening its recovery and reversing the weakness seen in November 2025, as buy interest resurfaced across major blue-chip and mid-tier counters. The bargain hunting in MTN led to […]
Prudential Zenith Life hosts inaugural brokers’ evening
By Rosemary Iwunze Prudential Zenith Life Insurance proudly hosted the December edition of the Nigerian Council of Registered Insurance Brokers (NCRIB) Brokers’ Evening on December 9, 2025. This marked the inaugural event under the stewardship of the recently elected NCRIB President, Ekeoma Ezeibe, providing a premier platform for industry leaders to connect, collaborate, and advance […]
Recapitalisation: Lasaco Assurance to raise capital level to N36bn
By Rosemary Iwunze Ahead of insurance industry recapitalisation deadline slated for July 2026, Lasaco Assurance Plc has secured the approval of its shareholders to raise its capital level to N36 billion. This will allow the company surpassed the minimum capital requirements for a composite insurance companies. Under the ongoing exercise, Life Insurance companies are expected […]
First HoldCo completes divestment from FBNQuest Merchant Bank
First HoldCo Plc has announced the successful completion of its divestment from its merchant banking subsidiary, FBNQuest Merchant Bank Limited, marking a major strategic shift aimed at strengthening the Group’s core operations.
