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A Nigerian man, Patrick Nwaokwu, has been sentenced to 21 months in prison in the United States for his role in a nursing credentials fraud scheme that caused more than $1.5 million in losses. The sentencing was announced by the…
Read moreThe Group Chief Executive Officer of Guaranty Trust Holding Company (GTCO), Segun Agbaje, has said that the bank’s zero Point of Sale (POS) charge policy is a permanent part of the company’s strategy to support small and medium-sized enterprises (SMEs) in Nigeria. The post…
Read moreAirtel Africa Plc is exploring a potential initial public offering (IPO) of its mobile money arm that could raise between $1.5 billion and $2 billion. The post Airtel targets $2 billion London IPO of mobile money unit appeared first on Nairametrics.
Read moreThe Federal High Court, Abuja, has rejected a suit seeking to restrain the Federal Competition and Consumer Protection Commission (FCCPC) from probing alleged medical negligence complaints by patients. The post Court rejects suit against FCCPC probe of alleged medical negligence complaints appeared…
Read moreThe UK Nigeria Technology Hub has launched its Creative Fund, a first-phase grants initiative aimed at closing critical technical capacity gaps across Nigeria’s film, fashion and music industries. The post UK-Nigeria Tech Hub launches Creative Fund, opens applications appeared first…
Read moreAt the start of 2026, Africa’s hotel chain development pipeline stood at 675 hotels and 123,846 rooms, an 18.6% increase year-on-year, according to the Hotel Chain Development Pipelines in Africa 2026 report by W Hospitality Group. The post Top 10…
Read moreExchange Traded Funds (ETFs) listed on the Nigerian Exchange (NGX) recorded a broadly negative performance in the week ended April 24, 2026, with the SIAML Pension ETF 40 leading the losers after plunging 40.29% to N7,343.15, as all tracked ETFs…
Read moreUnited Bank for Africa Plc, one of Nigeria’s Tier 1 banks, last week released its 2025 full-year audited and Q1 2026 unaudited results. The reports show that while profit declined both in the full year 2025 and Q1 2026, core…
Read moreThe Nigerian equities market closed lower on April 27, slipping 0.94% to 223,602.29, as declines in large-cap banking stocks weighed heavily on the benchmark index. The post Big banks halt All-Share Index’s 14-session winning streak appeared first on Nairametrics.
Read moreThe Nigerian Exchange Limited (NGX) has imposed a total of N562.6 million in penalties on 32 listed companies for delays in filing both audited and unaudited financial statements (AFS and UFS) in the 2024/2025 financial year. The post NGX slams…
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