NSIA Insurance pivots to non-life, pays N18bn claims
NSIA Insurance Limited has declared a strategic pivot to operate exclusively as a specialist non-life insurance provider, while confirming the ceding of its entire life insurance business to CHI Life Assurance Limited. The announcement was made on Monday during a... Read More →
PZ Cussons proposes N2.50 dividend
PZ Cussons Nigeria Plc has notified the Nigerian Exchange Limited and the investing public of its proposed corporate actions for the financial year ended 31 May 2026, recommending a final dividend of N2.50 per ordinary share of 50 kobo each.... Read More →
Afriland strengthens operations with new chairman
Afriland Properties Plc has announced the appointment of Mrs Agatha Obiekwugo as the Chairman of its Board of Directors, succeeding Mr Emmanuel Nnorom, who is retiring after leading the board for over a decade. Obiekwugo joined the board of Afriland... Read More →
PenCom engages Lagos, LASPEC on pension increments
The National Pension Commission has initiated high-level engagements with the Lagos State Government and the Lagos State Pension Commission over ongoing concerns surrounding the administration of benefits under the Contributory Pension Scheme, particularly the implementation of pension increments and approved... Read More →
Oil jumps to $90 per barrel as Iran-US resume strikes over Strait of Hormuz
Crude oil prices have risen above $90 per barrel after the United States and Iran resumed military strikes over the Strait of Hormuz, reviving concerns about disruptions to global oil supplies through the strategic waterway. The renewed hostilities came on... Read More →
Afriland Properties Appoints Agatha Obiekwugo as Board Chairman
Afriland Properties Plc has appointed Agatha Obiekwugo as Chairman of its Board of Directors, replacing Emmanuel Nnorom, who is retiring after more than a decade in the position. The appointment was contained in a statement by Afriland Properties Plc on... Read More →
OPay debunks viral September closure claim, urges users to verify information
OPay has denied reports circulating on social media claiming it plans to suspend operations in September, describing the publication as false and misleading. The viral message, which gained traction across multiple platforms on Sunday, urged customers to withdraw their funds... Read More →
CBN to sell N700 billion T-Bills September 3 in one of final Q3 auctions
The Central Bank of Nigeria (CBN), on behalf of the Debt Management Office (DMO), will offer N700 billion across the 91-day, 182-day and 364-day Treasury Bills tenors at its first Nigerian Treasury Bills (NTB) auction for September 2026. The notice... Read More →
FG eyes emerging market status after FTSE upgrade
The Federal Government has set its sights on advancing Nigeria’s capital market to Emerging Market status following confirmation from global index provider FTSE Russell that the nation’s market will be officially reclassified to Frontier Market status from Monday, 21 September... Read More →
Earnings, macro trends to shape stock trading
Market sentiment is expected to remain mixed as investors weigh selective bargain-hunting in fundamentally solid equities against routine profit-taking. JIDE AJIA reports Trading volume and market direction over the coming sessions will depend heavily on upcoming corporate earnings reports, broader... Read More →









