Ogochukwu Onwaeze, THEWILL

Africa Prudential Plc grew profit after tax by 18 percent to ₦1.59 billion in the first half of 2026 as gross earnings rose 27 percent, driven by stronger registrar operations, treasury income and technology-led services. The company says...

Nigeria LNG Limited has generated about ₦204.2 trillion ($149.6 billion) in revenue since inception and remitted approximately ₦14.74 trillion ($10.8 billion) in taxes since becoming tax compliant in 2009, while also paying $47.2 billion in dividends to shareholders. ...

The NGX rebounded on Tuesday, adding about ₦481 billion to investors’ wealth as renewed buying interest pushed the benchmark index higher. Insurance stocks dominated the gainers’ chart, with Lasaco Assurance, Linkage Assurance and SUNU Assurances posting strong double-digit...

S&P Global will acquire a majority stake in Agusto & Co., strengthening its presence in Africa's domestic credit ratings market while expanding access to global ratings expertise. The partnership combines S&P Global's international capabilities with Agusto & Co.'s...

FCMB Group nearly doubled its half-year profit before tax to ₦157.3 billion, driven by stronger interest income, expanding margins and improved earnings across all business divisions. The financial services group strengthened its balance sheet with a ₦227 billion...

The Federal Mortgage Bank of Nigeria will launch its Diaspora National Housing Fund Mortgage Loan in London on August 7, opening a formal pathway for eligible Nigerians abroad to access affordable housing finance and invest in residential property...

Chinese capital inflows into Nigeria fell 40.9 percent to $5.55 million in the first quarter of 2026, despite the Federal Government's announcement of more than $20 billion in investment commitments. China's share of Nigeria's total capital importation weakened...

More than 70 percent of insurance companies have completed NAICOM's independent capital verification exercise, clearing one of the final regulatory hurdles ahead of the July 31 recapitalisation deadline. Most operators have also met the statutory deposit requirement with...

The NGX began the week on a softer note as profit-taking in selected stocks nudged the benchmark index lower despite gains in 28 equities. CNIF led the gainers’ chart with a 9.95 percent rally, while SUNU Assurances and...

Women-owned businesses recorded loan default rates that were 2.5 times lower than those of male-owned businesses, reinforcing evidence that female entrepreneurs are among Nigeria's most reliable borrowers. Lending to women-owned businesses grew by more than 300% in 2025,...