Saturday, April 4, 2026
Nigeria’s sovereign wealth managers to pay Chinese firm $200m over Mambilla power project
NSIA looks for money in its funds pile Nigeria’s sovereign wealth managers, Nigerian Sovereign Investment Authority (NSIA), has...
Read moreDetailsInvestors bargain-hunt MTN Nigeria, Airtel Africa for N163.2bn gains on NGX
Naira trades N509/$ in quick recovery mode Investors on a bargain hunting rally on Tuesday extended the gaining...
Read moreDetailsWheat embraces bullish season amid tightening supply
Wheat prices retreated on Tuesday after posting huge gains the previous week but market reports said prices are set to...
Read moreDetailsPrivate sector accounts for 70% of pension AuM, says Pencom
The National Pension Commission (PenCoM) has said that the private sector accounts for the larger chunk of the total pension...
Read moreDetailsFBNHoldings back in green with 13.1% uptick in Q2 earnings to N154.8bn
PBT=N26.3bn; PAT=N22.5bn down 5.5% EPS down N0.05 to N0.62 FBN Holdings, the parent company of First Bank of...
Read moreDetailsFMDQ revenues up 44% to N31bn in FY20, beating COVID-19 challenges
PBT rose 22% to N16.16bn The FMDQ Group, Africa’s first vertically integrated financial market infrastructure group, has reported...
Read moreDetailsIMF says $650bn SDRs available for allocation from August 23 following board approval
Money to help vulnerable countries scale pandemic As part of efforts aimed at boosting liquidity and fostering the...
Read moreDetailsNigeria quits regional maritime organisation over cold-shoulder reception
Nigeria has withdrawn its membership of the Maritime Organisation for West and Central Africa (MOWCA) following strong reservation over the...
Read moreDetailsGlobal insurers record massive $42bn claims payout in H1 ‘21
The global insurance market paid out huge claims estimated to have reached $42 billion in the first half of 2021,...
Read moreDetailsKuda Bank ready for expansion outside Nigeria, raises $55m in $500m valuation
Kuda, Nigeria’s first fully digital bank, has raised $55 million in a Series B funding round to fuel its expansion...
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