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BUA Group has condemned the tragic attack that occurred near its Okpella facility in Edo State, resulting in the deaths of eight Nigeria Security and Civil Defence Corps (NSCDC) operatives and a civilian driver. The company expressed deep sadness over the incident and extended heartfelt condolences to the families of the fallen, the NSCDC, and […]

In celebrating its 30th anniversary, Afrinvest (West Africa) Limited will unveil the 20th edition of its flagship Nigerian Banking Sector Report. The report, themed ‘ACT-BOLD: Turbocharging Nigeria to A New Growth Frontier’, highlights the need for extraordinary reforms and strategic investments to position Nigeria as a competitive player in the global economy. Speaking ahead of […]

The Nigerian equities market extended its bearish trajectory last week, as weak sentiment and risk-off positioning dominated trading activity. The NGX All Share Index (ASI) shed 0.94 per cent week-on-week to close at 138,980.01 points. In tandem, market capitalisation fell by N832 billion to N87.937 trillion, trimming the year-to-date return to 35.03 per cent. The […]

United Bank for Africa (UBA) Plc has extended its ongoing N157.843 billion rights issue. UBA stated this in a notice to the Nigerian Exchange, signed by the group company secretary/legal counsel, Bili Odum. The bank hereby notifies its shareholders, the NGX, stakeholders, and the general public that the acceptance/application period for its ongoing rights issue, […]

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, underscored the Bank’s determination to entrench macroeconomic stability, strengthen the banking sector, and position Nigeria as a prime destination for investment. This is as members of the EU Chambers praised the CBN’s reforms and the stabilisation of the naira as key drivers of renewed […]

  Airtel Africa Foundation, through Airtel Nigeria, has awarded two Nigerian students fully-funded scholarships to study at Plaksha University, India, under the Airtel Africa Fellowship programme. The two recipients, Terence Ifeanyichukwu and Ali Usman Mohammed emerged successful after a highly competitive selection process and will pursue undergraduate degrees in technology-related fields, including Artificial Intelligence (AI), […]

Ten listed companies emerged as top-performing stocks in August 2025, with most of them being insurance companies. The others are: Mutual Benefits Assurance, AIICO Insurance, Veritas Kapital Assurance, Guinea Insurance, Regency Alliance Insurance, NCR Nigeria, Coronation Insurance, Linkage Assurance, Universal Insurance and Ellah Lakes. Reviewing the performance, it was discovered that Mutual Benefits Assurance’s shares […]

A dispute over payment or rent turned deadly, resulting in the death of a tenant simply identified as Olayeni, in Oriyangi area of Ibadan, Oyo State capital. According to a release by the the Oyo State Police Command on its official X handle on Sunday, the sad incident occurred on Wednesday, September 3, 2025. The […]

The African Democratic Congress (ADC) has condemned Saturday’s attack on its members during a gathering in Alimosho LGA, Lagos State, where party leaders, including Gbadebo Rhodes-Vivour, were present to formally declare his membership of the opposition party. The party also charged the Police to rise above partisan interests and not allow itself to be turned […]

Chieftains of the All Progressives Congress (APC) in Delta state, have warned politicians seeking to contest the 2027 presidential and governorship elections to bury their ambitions. The APC leaders spoke at the weekend during the unveiling of a political pressure group, Ukodo Nation Forum (UNF) at Ughelli, Delta state. They said there are no vacancies […]