Financial Services
- BRAND REPORT
First HoldCo Hits ₦140, Tops ₦6.3trn: Is This the Otedola Effect—or Something Bigger?
First HoldCo has rocketed 192.3 per cent to ₦140, valuing the group at ₦6.37 trillion as Femi Otedola raises his…
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NAICOM Re-Licences 43 Recapitalised Insurers
NAICOM has begun presenting new licences to 43 recapitalised insurers, opening a regulatory era built around stronger capital, governance and…
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NAICOM Confirms 43 Insurers as Recapitalisation Deadline Forces Market Reset
NAICOM has confirmed 43 insurance and reinsurance companies as compliant with NIIRA 2025 capital requirements, while eight more await final…
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Nigeria’s Insurance Recapitalisation: 70% Complete Verification Before July 31 Deadline
With Nigeria’s insurers approaching a decisive regulatory Insurance recapitalisation deadline, the industry is preparing for stronger balance sheets, tougher risk-based…
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Zenith Bank Wins Africa’s Best Bank, Retains Nigeria’s Top Banking Honour
Zenith Bank has been named Africa’s Best Bank and Nigeria’s Best Bank at the 2026 Euromoney Awards, supported by strong…
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NAICOM Warns Insurers: July 31 Recapitalisation Deadline Is Final
NAICOM has warned insurance companies yet to meet Nigeria’s new minimum capital requirements that the July 31 deadline is binding.…
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UBA After Elumelu: Nnorom Takes the Chair as Africa’s Global Bank Enters a New Governance Era
United Bank for Africa has announced Tony Elumelu’s retirement as Group Chairman and the appointment of Emmanuel Nnorom as successor,…
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46 Failed Microfinance Banks: Customers Urge NDIC to Make Depositor Payouts Seamless
Customers affected by the closure of 46 microfinance banks have praised the NDIC’s swift intervention but want a more accessible…
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Nigeria’s Company Income Tax Falls to ₦1.37trn in Q1 2026 as Corporate Earnings Signal Pressure
Nigeria’s Company Income Tax collection stood at ₦1.37 trillion in Q1 2026, reflecting an 8.08% quarterly decline and a 31.05%…
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Universal Insurance Sets Digital-Led Growth Agenda for 2026
Why 2026 Is a Strategic Reset Year for Nigerian Insurers Universal Insurance Plc is entering 2026 with a deliberate pivot…
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