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Business & Economy

Fortis Global Insurance Returns to Profit with N4.99bn PBT in 2024 on Investment Property Gains

Fortis Global Insurance Plc has returned to profitability for the financial year ended December 31, 2024, posting a profit before tax of N4.99 billion,...

Ecobank Nigeria Prepays Over $245 Million of Eurobond Ahead of February Maturity

Lagos, Jan. 6, 2026 (NAN) — Ecobank Nigeria Ltd. has successfully completed the early repayment of more than 80 per cent of its $300...

Stocks Surge N409bn as Bullish Run Bolsters Investors’ Confidence

Lagos, Jan. 7, 2026 (NAN) — The Nigerian stock market on Wednesday continued its bullish streak, adding N409 billion to investors’ portfolios, driven by...

“UBA Rights Issue Fully Subscribed, Raises N157.84bn as Investor Confidence Surges”

United Bank for Africa (UBA) has successfully closed its rights issue, raising N157.84 billion after the exercise was fully subscribed, the bank announced on...

Naira Gains Across FX Markets Despite Drop in Weekly Inflows

ABUJA, Jan. 5, 2026 (Naija247news) – The naira strengthened across both official and parallel foreign exchange (FX) markets on Monday, even as weekly FX...

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