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Recapitalisation: Five Insurance Companies Project N418.7 Billion Revenue, N39 Billion Profit in 2025

Five insurance companies have projected revenue of N418.7 billion for the 2025 financial year, ending December 31. The companies are Sunu Assurances Nigeria Plc, AIICO...

First Phosphate Closes Third Tranche of Oversubscribed Private Placement

First Phosphate Corp has closed the third tranche of its non-brokered private placement financing, as further described in the company's news releases dated August...

United Terra Enterprises Announces Closing of $150 Million Senior Notes

United Terra Enterprises has announced the closing and issuance on September 10 of $150 million aggregate principal amount of senior notes due September 10,...

NGX Weekly: Investors Gain $549.6 Million

The Nigerian Exchange Ltd. (NGX) All-Share Index and Market Capitalisation appreciated by 0.92 per cent each, to close the week at 141,845.35 and N89.744...

Naira Gains 0.7% to Close Week Strong against Dollar

The naira closed the week bullish on Friday, trading at N1,487.89 to the dollar at the official market. According to Central Bank of Nigeria (CBN)...

Nigeria’s Stock Market Closes Week Bearish, Loses $176.5 Million

The stock market reversed its gains from its two previous sessions of uptrend, recording a N264 billion loss for investors on Friday. The market relapse...

AGESI Debuts at Africa Climate Summit, Seeks $1.4 Trillion Reinvestment in Africa’s Natural Capital

Dr Eugene Itua, the Executive Director of the recently launched African Green Economy and Sustainability Initiative (AGESI), has rallied leaders to harness the potential...

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