Wednesday, April 8, 2026
Nigeria bourse retreats as sell-offs continue in Wapco, Zenith Bank, GTBank
By Charles Abuede Market cap steeped to N21.9trn as investors lost N164.3bn on Tuesday Down from record levels Negative...
Read moreDetailsCredit risk skyrockets in financial services industry globally, hits 20% in 2020
By Zainab Iwayemi Tops risk management agenda Following a contraction in the global economy and rising unemployment, credit...
Read moreDetailsFord Motors plans $1.05bn investment in SA for electric, self-driven cars
By Charles Abuede Seen as the biggest investment into the country; to create 1,200 jobs while scaling back in...
Read moreDetailsN4bn 10mw Kano solar project takes off as beneficiaries get compensation
By Tobias Pius The N4 billion federal government solar project for the industrial hub in the Kumbotso area...
Read moreDetailsNigeria’s oldest banking group, FBN Holdings, sees profits up 8.2% to N79.7bn, amid pandemic
By Charles Abuede Operating profit surged to N78bn despite selling FBN Insurance in 2020 Nigeria’s foremost banking group, First...
Read moreDetailsSeplat completes funding for ANOH gas project with $260m raising
Says project to drive energy transition in Nigeria Facility provided byconsortium of 7 banks Cost optimisation puts AGPC construction...
Read moreDetailsNigeria, Morocco, renew commitments to actualise pipeline, fertilizer projects
By Tobias Pius President Muhammadu Buhari of Nigeria and King Mohammed VI of Morocco have expressed their common determination...
Read moreDetailsGlobal insurtech reaches $7.1bn in 2020, WTW reports
By Zainab Iwayemi Global insurtech investment in 2020 topped $7.1 billion despite the challenges faced by the insurance sector,...
Read moreDetails$2bn spent on power generators in Nigeria in 20 years, says UN
By Tobias Pius In a 24-year timeframe Nigeria spent over $2.4 billion on importation of power generating sets, data...
Read moreDetailsNDDC woos Niger-Delta youths, as it gets set to open multi-billion-naira head office
Distributes 36 disposal trucks, 162 waste bins to member-states Items laid waste at commission’s Port Harcourt warehouse ...
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