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Allianz Group Completes Acquisition of Ensure Insurance in Nigeria

Allianz Group Completes Acquisition of Ensure Insurance in Nigeria

The Allianz Group yesterday announced the completion of the acquisition of 99.03 percent of Nigerian insurer, Ensure Insurance Plc from its…

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Nigeria Unveils New Airline, Nigeria Air

Nigeria Unveils New Airline, Nigeria Air

The Federal Government yesterday unveiled a new national airline, Nigeria Air to replace the defunct Nigeria Airways which died 14 years…

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GE Power Releases Whitepaper on Digitization of Energy Transmission, Distribution in Africa

GE Power Releases Whitepaper on Digitization of Energy Transmission, Distribution in Africa

As Africa faces emerging opportunities to help deliver efficient, affordable and reliable electricity to consumers, GE Power’s Grid Solutions business yesterday unveiled a…

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3-Day Bearish Run Pulls Market YTD Loss to 2018-Low… NSE ASI Down 0.6%

3-Day Bearish Run Pulls Market YTD Loss to 2018-Low… NSE ASI Down 0.6%

The negative performance of the domestic bourse extended into yesterday’s session dragging the NSE All Share Index (ASI) 0.6% to 36,748.18…

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Akwa Ibom: Sustainable Development in Nigeria’s Prime Investment Destination

Akwa Ibom: Sustainable Development in Nigeria’s Prime Investment Destination

Seen from afar, Nigeria is one large African nation and the continent's most robust economy, but within the powerhouse that Nigeria…

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‘Kemi Adeosun Must Renounce Allegation of NYSC Fraud or Resign’

‘Kemi Adeosun Must Renounce Allegation of NYSC Fraud or Resign’

Kemi Adesoun in NYSC uniform: Real or Photoshop? BudgIT Nigeria, a civic tech organisation, expresses disappointment at the silence of the…

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NSE Set to Host 6th Nigerian Capital Market Info Security Forum

NSE Set to Host 6th Nigerian Capital Market Info Security Forum

The Nigerian Stock Exchange (NSE) is pleased to announce that the 6th edition of its bi-annual Nigerian Capital Market Information Security…

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Afrimart, 1st Made-in-Africa B2B E-Commerce Platform Launched

Afrimart, 1st Made-in-Africa B2B E-Commerce Platform Launched

Pan-Africa’s pioneer Business to Business (B2B) e-commerce platform for made in Africa products, AFRIMART officially took off yesterday, offering prospects of…

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Insurers’ Results Face Volatile Future under IFRS 17

Insurers’ Results Face Volatile Future under IFRS 17

Insurance companies' results have the potential to become more volatile under the latest proposed International Financial Reporting Standards or IFRS 17…

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Farmcrowdy Wins 2018 Digital Business of the Year Award in Africa

Farmcrowdy Wins 2018 Digital Business of the Year Award in Africa

Farmcrowdy, Nigeria’s first and leading digital agriculture platform on Friday, won the Digital Business of the Year (2018) award in Africa.…

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Global Airlines Financial Monitor: June 2018

Global Airlines Financial Monitor: June 2018

The latest financial data from the industry show that airline profitability was strengthening in Q1 2018 compared to the same quarter…

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M&A Transactions in Africa Falls in 1st Half 2018

M&A Transactions in Africa Falls in 1st Half 2018

Total deal volumes and values of Merger & Acquisition (M&A) transactions in Africa fell sharply in the first half of 2018,…

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African Trade Insurance Plans $2.5m Dividend Payment to Shareholders

African Trade Insurance Plans $2.5m Dividend Payment to Shareholders

In a much anticipated announcement, the African Trade Insurance Agency (ATI) declared that its General Assembly had approved the first ever…

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Selloffs in Banking Stocks Extend Bearish Run to Third Consecutive Day

Selloffs in Banking Stocks Extend Bearish Run to Third Consecutive Day

Yesterday, sell-offs in Banking stocks - ZENITH (-1.6%), GUARANTY (-0.9%),ACCESS (-3.4%) and UBA (-2.0%) - extended the bearish performance in the market to the third consecutive trading session…

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