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Ikeja Electric, the electricity distribution company responsible for power supply in parts of Lagos, has said residents and businesses are experiencing persistent power outages due to a nationwide drop in electricity generation. The post Ikeja Electric says Lagos power outages…
Read moreUnilever Nigeria Plc has reported a pretax profit of N51.7 billion, up 128.4% YoY, for the financial year ended December 31, 2025. According to its audited statements filed on the Nigerian Exchange, this growth was driven mainly by revenue, with full-year sales…
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Read moreThe Bank of Israel says the country’s economy lost about $57 billion (177 billion shekels), equivalent to 8.6% of annual GDP, during the two-year military campaign in Gaza. The post Israel’s economy lost $57 billion during two-year Gaza war —…
Read moreGlobal stock markets are staging a steady recovery as of the New York open on March 23, 2025, with S&P 500 futures (US500) climbing over 1.50%, reflecting a gradual return of investor confidence. The post S&P 500, other markets stage…
Read moreThe Nigerian All-Share Index wrapped Monday’s trading on 23 March 2026 in the red, down 2,142.8 points to close at 199,014.0, a 1.07% decline from Wednesday’s pre-holiday session. The post Zichis jumps 9.91% following suspension lift as All-Share Index slips…
Read moreIn mature private banking markets, Securities-Backed Lending is not treated as an ancillary credit product. It is regarded as a portfolio management tool, a disciplined mechanism through which clients can access liquidity without interrupting long-term capital strategy. For decades, institutions…
Read moreCoronation Infrastructure Fund, managed by Coronation Asset Management, has been named Nigeria’s Best Investment Manager for Private Credit at the Euromoney Private Banking Awards 2026, the only Nigerian investment platform recognised this year. The award was presented at a ceremony held at…
Read moreThe Niger Delta Chambers of Commerce, Industry, Trade, Mines, and Agriculture (NDCCITMA) has announced plans to attract $5 billion in investment to generate over 500,000 jobs across the Niger Delta region. This was disclosed by the Board Chairman of NDCCITMA, Mr Idaere Ogan, during a media…
Read moreLion Hospitality Partners (LHP), a leading entertainment, hospitality, retail and restaurant conglomerate, has announced a strategic partnership with Tantalizers Plc aimed at revitalising select outlets in Lagos through a scalable multi-outlet restaurant development model designed to modernise Nigeria’s quick service…
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