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Researcher-Reporter
Stella Odiche is a researcher and reporter. She lives in Lagos and reports topics such as aviation, oil and gas, banking and general business. She is award-winning journalist and wideliy travelled researcher.
Capital Market
BILLIONAIRE businessman Femi Otedola has deepened his investment in First HoldCo Plc with the acquisition of an additional 147.74 million shares worth N20.7 billion. The latest transaction was completed on August 14…
Banking and Finance
THE Federal High Court in Lagos has directed 71 banks and other financial institutions to impose debit restrictions on accounts allegedly used to receive N1.34 billion fraudulently transferred from customers of Access…
Economy
NIGERIA’S headline inflation rate slowed to 15.43 percent in July 2026, extending the decline in the pace of annual price increases despite renewed pressure from food prices. The latest figure was contained…
Banking and Finance
THE Bank of Industry Limited (BOI) has successfully raised N250 billion through its first local currency bond issuance after strong demand from institutional investors pushed the offer into oversubscription. The Series 1…
Education
THE Management of Nnamdi Azikiwe University (UNIZIK), Awka, Anambra State, has commenced an investigation into an alleged sexual misconduct involving a lecturer in the Department of Chinese Studies, Faculty of Arts. The…
Capital Market
THE Securities and Exchange Commission (SEC) has directed capital market operators to restrict dealings with financial institutions in North Korea and Iran, while imposing enhanced due diligence requirements on transactions linked to…
Elections
THE Independent National Electoral Commission (INEC) has uploaded 87.48 percent of Osun Governorship election results on its Result Viewing Portal (IReV). So far, the results of 3292 polling units have been uploaded…
Insurance and Pension
GUINEA Insurance Plc has announced the successful completion of its recapitalisation programme, saying the exercise has strengthened its financial capacity and positioned the company for its next phase of growth. The insurer…
Insurance and Pension
UNIVERSAL Insurance Plc has disclosed plans to raise N7.128 billion in fresh equity capital from FPNG Co-Nvest Limited as it works to complete the ongoing insurance industry recapitalisation process. The insurer disclosed…
Insurance and Pension
REGENCY Alliance Insurance Plc has announced the successful completion of its recapitalisation process, strengthening its capital base and positioning the company to take on larger risks. The insurer disclosed this in a…