ASHON

Business

ASHON Condemns NAICOM’s Universal Insurance Licence Revocation, Cites N7.1bn Deal

Sam Diala, THEWILL -
The Association of Securities Dealing Houses of Nigeria (ASHON) has called for an urgent review of the National Insurance Commission’s (NAICOM) revocation of Universal Insurance Plc operating licence, arguing that the action raises serious concerns for investors and the wider Nigerian capital market.
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BusinessSam Diala, THEWILL -

Unilever Nigeria: H1 Profit Surge Masks Deeper Corporate Weakness

Unilever Nigeria Plc reported revenue of N119.92 billion for the six months ended June 30, 2026, up 22.2 percent from N98.10 billion in the corresponding period of 2025. Gross profit rose 30 percent to N54.74 billion, while operating profit increased 29.5 percent to N24.36 billion.
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