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Nigeria’s largest banks delivered a mixed but ultimately reassuring set of financial results in 2025, with balance sheet expansion and revenue growth offset by a sharp, policy-driven hit to profitability. The post No cause for alarm in bank results—The 2025…
Read moreExperts have pushed back against recent warnings by Anthropic CEO, Dario Amodei, that artificial intelligence could replace a large share of entry-level white-collar jobs within the next one to five years. The post AI job loss fears overstated, experts push back on Anthropic CEO…
Read moreNigeria’s equities market extended its bullish run in April 2026, with Stocks Worth Over One Trillion (SWOOT) consolidating their dominance as total market capitalization surged to N142.79 trillion. The post SWOOT market cap hits N142.79 trillion, 91.71% of NGX as of April 2026 appeared…
Read moreTechloy hosted a panel discussion titled “Will AI Replace Our Jobs or Make them Better?” on Friday at 4:00 PM (WAT), convening industry leaders and members of its global tech community to examine one of the most urgent questions shaping…
Read moreSovereign Trust Insurance (STI) Plc has launched a N5.02 billion rights issue as part of efforts to strengthen its capital base and support future growth, offering existing shareholders the opportunity to increase their stakes in the company. The post Sovereign…
Read moreThe Nigerian equities market started the month on a positive note, with the All-Share Index closing in the green on Monday, 4th May 2026, up 883.71 points to settle at 243,161.52. The post All-Share Index opens May in green as…
Read moreThe NNPC Limited has signed a Memorandum of Understanding (MoU) with two Chinese companies as part of efforts to restart and expand the Warri and Port Harcourt refineries. The post NNPC signs MoU with Chinese firms to restart Warri, Port…
Read moreIf you spend enough time moving through Africa’s major cities like Lagos, Accra, Nairobi, and Kigali, you start to notice a rhythm. At first glance, the cities feel entirely distinct. The cultures, the pace, and the energy are uniquely their…
Read moreLeading Pan-African investment banking and financial services group, United Capital Plc, has completed the recapitalisation of its Securities and Exchange Commission (SEC)-regulated subsidiaries, Meeting and surpassing the revised minimum capital requirements issued under the Commission’s Circular No. 26, more than…
Read moreThe Nigerian National Petroleum Company Limited (NNPC Ltd) remitted a total of N2.89 trillion to the Federation Account in the first quarter of 2026. The post NNPC remittance hits N2.89 trillion in Q1 2026 appeared first on Nairametrics.
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