Nigerian Insurers Project N4.98bn Profit for Q1 2025 Three major Nigerian insurance firms—Cornerstone Insurance, AIICO Insurance, and International Energy Insurance—have announced their combi...
Fitch Warns of Economic Challenges for Nigerian Banks in 2025 Key Highlights:International credit rating agency Fitch Ratings has forecast a challenging operating environment for Nigerian banks i...
According to the African Development Bank (AfDB), Africa's green growth market is worth $2.97 trillion. Kevin Chika Urama, AfDB's Chief Economist and Vice President of Economic Governance and Knowledg...
Cadbury Nigeria: Loss Narrows to N10.4bn Amid Revenue Surge and Debt RestructuringCadbury Nigeria Plc has reported a loss after tax of N10.4 billion for the financial year ending December 31, 2024, ma...
What to Watch in the Markets This Week: Retail Sales, Housing Data, and Major Earnings ReportsKey Highlights:Big banks like Goldman Sachs, Bank of America, and Citigroup report earnings...
Transcorp Group also known as Transnational Corporation Plc recently released its financial results for the first half (H1) of the fiscal year which ended on June 30, 2023. The records showed that the...
Jaiz Bank Plc, Nigeria's first non-interest bank, reported an unaudited profit after tax (PAT) of N3.9 billion for the six months which ended June 30, 2023. In a statement given to the press yest...
Veritas Kapital Assurance Plc, an insurance group, has recovered from a loss of N170.378m it recorded in the first half of 2022 to a profit after tax of N1.09bn in the same period of 2023.The company'...
The Central Bank of Nigeria (CBN) has unveiled its Consolidated Financial Statements spanning seven consecutive years. This disclosure marks a notable departure from the past, as the apex financial in...
In an endeavor to enhance the quality of life for its citizens, President Bola Tinubu has urged the United States to collaborate with African nations in safeguarding their democracies against anti-dem...