Market Updates

Mutual Benefit Pays N35.3 billion Claims  Mutual Benefit Plc has announced that it paid a total of N35.3 billion claims in Q3 2025. The  underwriting firm said Q3 figures represent cumulative claims paid from the beginning of the year through the end of the third quarter (January to September 2025).It... Read More →

Champion Breweries raises N42bn for bullet acquisition Champion Breweries Plc has said it is raising N42bn through a public offer of ordinary shares to fund the acquisition of the Bullet brand portfolio and strengthen its growth strategy, according to a statement made available to our correspondent on Sunday. The company... Read More →

Nigeria’s asset valuations to rise in 2026 – Report Asset valuations in Nigeria will begin to rise in response to the improved environment, indicating that acquisition pricing seen in 2024 and 2025 will be the lowest entry point over the next 10-year real estate cycle, a recent report by Estate... Read More →

Access ARM Pensions grows assets above N4tn Access ARM Pensions has exceeded the N4tn mark in assets under management, marking a major milestone and underscoring the strong momentum following the merger of Access Pensions and ARM Pensions. The achievement represents a significant increase from less than N3tn AUM recorded at... Read More →

Mutual Benefits chairman cuts stake with 850,000-share sale The Chairman of Mutual Benefits Assurance Plc, Akinade Ogunbiyi, has reduced his shareholding in the company following the sale of 850,000 ordinary shares, according to an insider trading disclosure filed with the Nigerian Exchange Limited. The disclosure indicated that Ogunbiyi, a substantial... Read More →

Oyedele, LCCI back tax reforms to release investment capital The Lagos Chamber of Commerce and Industry and the Chairman of the Presidential Committee on Fiscal Policy and Tax Reform, Taiwo Oyedele, have noted that the new tax laws will stimulate economic growth, expand investment and improve job creation by harmonising... Read More →