Archives for February, 2026
Lafarge Africa Revenue Records ₦1.1 tri. as PBT Grows By 170% To 411bn in 2025
BY NGOZI ONYEAKUSI Lafarge Africa Plc, a leading provider of innovative and sustainable building solutions and manufacturer of premium cement brands, has announced a revenue milestone of trillion in 2025,…
TeamApt Partners Awabah, PenCom to Power Micropensions
BY NGOZI ONYEAKUSI Caption:L-R: Dennis Ajalie, Chief Executive Officer, TeamApt Limited (a subsidiary of Moniepoint Inc.); Tunji Andrews, Chief Executive Officer, Awabah; Uche Uzoebo, Chief Executive Officer, Shared Agent Network…
Sovereign Trust Insurance Spreads Love With Fire Safety Drive
On Valentine's Day, Sovereign Trust Insurance Plc showed its love for the Saka Tinubu Market community in Victoria Island, Lagos, with a fire safety initiative, tagged, "Protecting What You Love".…
Union Bank responds to CBN Governor, Cardoso’s remarks at MPC meeting with calm assurance
Union Bank of Nigeria has issued a statement reaffirming its steadfast position in the course of ongoing regulatory engagements in response to recent media queries at the Central Bank of…
CBN reduces interest rate to 26.5%
CBN Governor, Olayemi Cardoso The Monetary Policy Committee of the Central Bank of Nigeria has reduced the benchmark interest rate to per cent. This was the second time the MPC…
200 Alleged Deaths: Group Petitions Uzodimma, Demands Shutdown of Notorious ‘Tiger Base Unit’
Uzodimma A prominent civil society organisation, OGANIHU, has called on Governor Hope Uzodimma to immediately disband the Anti-Kidnapping Unit of the Imo State Police Command, notoriously known as "Tiger Base."…
Recapitalisation: Banks raise N4tn ahead of March deadline
Banks have raised in verified and approved capital ahead of the March 31, 2026, recapitalisation deadline set by the Central Bank of Nigeria. The CBN Governor, Olayemi Cardoso, disclosed this…
NNPC to begin export of new crude oil grade in March
The Nigerian National Petroleum Company Limited (NNPCL) says it will start exporting a new light, sweet crude grade called Cawthorne from March. According to Reuters, an NNPC spokesperson said this…
AIICO 2026 Agency Retreat Honours Outstanding Sales Champions
AIICO Insurance Plc brought together its Annual Agency Retreat last weekend in the historic city of Abeokuta, Ogun State, reaffirming its commitment to celebrating excellence, strengthening professionalism, and deepening insurance…
Accion Microfinance Bank Quotes ₦2.02bn Commercial Paper on FMDQ Exchange
BY NGOZI ONYEAKUSI In continued demonstration of its unwavering commitment to strengthening the Nigerian debt capital markets and advancing financial inclusion, FMDQ Securities Exchange Limited has approved the quotation of…
