The total Net Asset Value (NAV) of Nigeria’s mutual funds and collective investment schemes has soared…
Category: Business
Sell-Off Hits Nigerian Banking Stocks Amid Market Uncertainty
Nigerian banking stocks faced heavy selling this week, dragging the NGX All-Share Index down and shrinking…
AIICO Invests in Nollywood as It Partners With ComeOnNaija on “Iwè Àlà”
Nigeria’s film industry has recorded a significant milestone as AIICO Insurance Plc announced a strategic partnership…
CBN Declares Zuldal MFB Illegal, Warns Nigerians Against Transacting with It
The Central Bank of Nigeria (CBN) has declared Zuldal Microfinance Bank Limited (Zuldal MFB) illegal, cautioning…
Shettima Applauds ETG’s Multi-Million-Dollar Investments, Assures Support for Nigeria’s Agricultural Growth
Vice President Kashim Shettima has commended the Export Trading Group (ETG) for its multi-million-dollar investment portfolio…
Nigerian Market Slows as Investors Pull Back After Massive ₦7 Trillion Drop
Nigeria’s stock market is losing steam after months of strong gains, with renewed selling pressure dragging…
Google Launches AI Skilling Blueprint for African Governments
Google has unveiled an AI Skilling Blueprint aimed at helping African governments develop coordinated strategies to…
Nigeria Moves to Tax Virtual Currencies Under New Fiscal Reform Framework
Nigeria’s revamped tax reform agenda will place virtual currencies—including cryptocurrencies—under the nation’s tax net, marking a…
NGX Records ₦31.1 Billion in Trades as Index Slips 1.28%
The Nigerian Exchange (NGX) opened the week with robust trading activity as investors transacted 388.2 million…
Dangote Sugar Announces Major Leadership Change as Aliko Dangote Steps Down
Dangote Sugar Refinery Plc has announced a significant leadership transition as its founder and Africa’s foremost…