By Taiye Olayemi Universal Insurance Plc has reaffirmed its readiness for the 2026 recapitalisation exercise. The company assured brokers of its financial strength and commitment to improved service delivery. Managing Director, Mr Japhet Duru, gave the assurance in Lagos while at the 2026 Members’ Evening organised by the NigerianContinue Reading
By Taiye Olayemi Sycamore Integrated Solutions Ltd. has closed its Series 1 Commercial Paper issuance at N6.89 billion, surpassing its N3 billion target by 230 per cent. The Chief Executive Officer, Mr Babatunde Akin-Moses, disclosed this during the programme signing ceremony on Tuesday in Lagos. Akin-Moses saidContinue Reading
By Olawunmi Ashafa Chief Executive Officer, Office of the Tax Ombud, Dr John Nwabueze, says ongoing tax reforms are creating a faster, cost-free and accessible pathway for resolving disputes without litigation. Speaking at an interactive session with business editors in Lagos, Nwabueze said the ombud office serves as an independentContinue Reading
T Guinea Insurance grows assets amid higher claims pressure By Taiye Olayemi Guinea Insurance Plc has recorded a 6.9 per cent increase in total assets to N7.75 billion for the first quarter ended March 31, 2026, reflecting improved investment performance and balance sheet strength. The company disclosed this in aContinue Reading
By Taiye Olayemi Africa Prudential Plc has unveiled Sabivest, a digital investment and wealth management platform designed to simplify access to investment opportunities and portfolio management for Nigerians. Chairperson of Africa Prudential Plc, Mrs Christabel Onyejekwe, while speaking during the launch on Thursday in Lagos, said Sabivest was developedContinue Reading
By Taiye Olayemi Guaranty Trust Holding Company Plc (GTCO) reported a profit before tax of N302.9 billion for the period ended March 31, 2026. The group disclosed this on Thursday in Lagos in its unaudited consolidated and separate financial statements for the first quarter. Interest income and fee income roseContinue Reading
By Taiye Olayemi Shareholders of Guaranty Trust Holding Company Plc (GTCO) have commended the institution for declaring a record N12.76 dividend for the 2025 financial year. GTCO declared an interim dividend of N1 per share for June 2025 and a final dividend of N11.76, bringing total payout to N12.76. AtContinue Reading
Tourism By Ngozi Njoku Mr Chinonso Uche, Chief Executive Officer, Etravels and Tour, has called for the strategic positioning of tourism as a major driver of trade, cultural integration and economic growth in Nigeria and across Africa. Uche made the call during an interview with the News Agency ofContinue Reading
By Taiye Olayemi The Central Securities Clearing System Plc (CSCS) has posted a gross earning of N28.67 billion for the financial year ended Dec. 31, 2025. The gross earning represented a 10 per cent increase when compared with N26.09 billion posted in the corresponding period of 2024. Continue Reading
By Olawunmi Ashafa The Nigeria Economic Summit Group (NESG) says the nation’s current economic reforms must now shift decisively from stabilisation efforts to policies that attract investment, boost productivity, and deliver inclusive growth. Its Chairman, Mr Yusuf Olaniyi, said this at the launch of the 2026 Private SectorContinue Reading
