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MARKETS AND ECONOMY

Coronation Insurance Resubmits SEC Application for Minority Buyout, Delisting

 Coronation Insurance Plc has resubmitted its application to the Securities and Exchange Commission (SEC) for approval of a proposed buyout of minority shareholders, a move that could pave the way for its delisting from the Nigerian Exchange (NGX).The insurer disclosed that the application, submitted on October 16, 2026, followed...

NGX Selling Pressure Deepens as Turnover Hits N110.8bn

 Negative sentiment tightened its grip on the Nigerian stock...

NGX Invest Adds WhatsApp Channel for Public Offer Subscriptions

 Nigerian Exchange Group (NGX Group) has introduced a WhatsApp...

TotalEnergies Marketing Nigeria Reports N5.84bn Profit in 9M 2026, Reverses N14.10bn Loss

 TotalEnergies Marketing Nigeria Plc reported a profit after tax...

JPMorgan Secures CBN Preliminary Approval to Establish Merchant Bank in Nigeria

 JPMorgan has secured preliminary approval from the Central Bank...

Nigerian Equities Lose N210.89bn as Market Declines for Fourth Consecutive Week

 Nigeria’s equities market lost N210.89 billion in market capitalisation...

Ghana Signs MoU for $28bn Petroleum Hub Expansion, Plans 300,000-Bpd Refinery

 Ghana has signed a $28 billion agreement for the...

Tech World

FINANCE

ACAMB Warns Bank Customers as Fraudsters Clone Banking Websites to Steal Credentials

 The Association of Corporate Communication and Marketing Professionals in Banks (ACAMB) has urged bank customers to remain vigilant against phishing scams and other forms of cyber fraud, warning that criminals are increasingly using fake bank alerts, cloned websites and impersonation accounts to steal sensitive financial information.The warning follows a...

UBA Wins Legal Battle to Recover N156bn Debt From Stallion Group

 United Bank for Africa Plc (UBA) has secured a...

Nigeria’s Foreign Reserves Hit $55.1bn, Highest in 18 Years – Cardoso

 Nigeria’s foreign exchange reserves have risen to $55.1 billion,...

OPay Secures Approval for Dual Listing on NYSE, NGX

 OPay has secured board and shareholder approval for a...

FG Seeks To Offset Fuel Shock Through Tax And Transport Interventions

 The Federal Government is deploying tax relief, transport support...

FG Clears N758bn Pension Backlog Dating Back To 2007 — PenCom

 The Federal Government has cleared N758 billion in inherited...

Banks’ CBN SDF Placements Fall N942bn To N3.76tn

 Banks’ deposits with the Central Bank of Nigeria (CBN)...

GENERAL NEWS

FG Reviews Overseas Training Policy After 80% of Sponsored Nigerians Fail to Return

 The Federal Government has discontinued its overseas training programme...

LG Billions in the Dark: Falana to Keynote as Olorunyomi chairs DevReporting Documentary Screening

Human rights lawyer and Senior Advocate of Nigeria, Femi...

Nigeria’s Foreign Education Outflows Hit $1.44bn in H1 2026, CBN Reports

 Nigeria’s foreign education outflows increased to $1.44 billion in...

Lagos Directs MTN, Airtel, Others to Audit Betting Firms’ Licences, Tax Status

 The Lagos State Lotteries and Gaming Authority has directed...

Nigeria’s Multidimensional Poverty Rate Rises to 38.7% as Poor Population Hits 90.1m – UNDP

 Nigeria’s multidimensional poverty rate rose to 38.7 per cent...

FG Seeks To Offset Fuel Shock Through Tax And Transport Interventions

 The Federal Government is deploying tax relief, transport support...

AI Revolution Set To Redraw Global Economic Power Map — Akano

 The artificial intelligence revolution could trigger one of the...

media outreach

Travels & Aviation

Appointments & RECOGNITIONS

VIEWPOINTS

Nigeria’s Recapitalised Banks and Missing Link Between Profit and Prosperity

By Blaise UdunzeNigeria’s banking industry has spent years rebuilding capital, restructuring institutions and celebrating stronger financial performance. Amidst all...

ENERGY

MARKET