Coronation Insurance Plc has received shareholders’ approval for a N9.26 billion capital raise to strengthen its financial base and position the company for growth.  READ MORE

The Nigerian Exchange Limited (NGX) has imposed a total of N562.6 million in penalties on 32 listed companies for delays in filing both audited and unaudited financial statements (AFS and UFS) in the 2024/2025 financial year.  READ MORE

United Bank for Africa (UBA) Plc has confirmed it is intensifying efforts to recover outstanding debts and plans to resume dividend payments to shareholders this year. READ MORE

Nigeria’s ongoing electricity sector reforms hinge on clearer regulatory frameworks and stronger coordination between federal and state authorities.  READ MORE

Industrial real estate, data centres, and student housing have emerged as the new focus areas for Real Estate Investment Trusts (REITs) across Africa, according to the Chief Executive Officer of Fortren & Company, Martin Uche.  READ MORE

South Africa’s Minister of Communications and Digital Technologies, Solly Malatsi, has withdrawn the country’s Draft National Artificial Intelligence Policy after it was discovered that the document contained fictitious sources in its reference list.  READ MORE

The Federal Government has introduced a national textbook ranking system for primary, junior, and senior secondary schools as part of efforts to improve quality and standardisation in Nigeria’s education sector.  READ MORE

The Federal Government of Nigeria and Senator Ned Nwoko have announced moves to settle a multi-million-dollar promissory notes dispute linked to the much-talked-about Paris Club refund. The legal team of the plaintiffs, comprising the Federal Government, the Attorney General of the Federation, the Minister of Finance, the Accountant General of the Federation, as well as Ned Nwoko and other […] READ MORE

Nigerian crude and other major contracts rose as efforts to resume peace talks over the Iran war stalled and the Strait of Hormuz remained virtually impassable, extending the disruptions in the Middle East that have shaken global markets. READ MORE

The African Energy Chamber (AEC) has welcomed the Federal Government’s intervention in the Dawes Island marginal field dispute, describing it as a positive signal for Nigeria’s upstream investment climate. This was disclosed in a statement by the chamber, which highlighted the importance of regulatory certainty in the oil and gas sector. The development comes amid […] READ MORE