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TrustBanc Holdings Receives Dual Credit Rating Upgrade to BBB+ TrustBanc Holdings Secures Dual Credit Rating Upgrade to BBB+ In a significant endorsement of its financial strength and governance, TrustBanc Holdings Limited has received concurrent long-term issuer rating upgrades from two leading African credit rating agencies, GCR Ratings and Agusto & Co. Both institutions have elevated […]

Fortis Global Insurance Returns to Profitability in 2024 on Property Revaluation Fortis Global Insurance Swings to N5 Billion Profit in 2024 Driven by Investment Property Revaluation Fortis Global Insurance Plc has reported a dramatic return to profitability for the financial year ended December 31, 2024. The company posted a profit before tax of N4.99 billion, […]

Navigating Canadian Immigration: Alternative PR Pathways to Explore in 2026 Exploring Alternative Canadian Permanent Residence Pathways in 2026 In 2025, Canada implemented significant adjustments to its immigration framework, resulting in the closure or indefinite pause of several permanent residence pathways. These changes, enacted by Immigration, Refugees and Citizenship Canada and various provincial governments, impacted federal […]

African Startup Funding: December 2025 Sees Capital Concentration Deepen African Startups Secure $321.5M in December 2025 Amid Shifting Investment Trends African startup investment exhibited a notable shift in December 2025, as overall funding momentum eased while capital concentration intensified. The continent’s startups raised a total of $349.1 million across 75 deals during the month. However, […]

BVN Enrolments Reach 67.8 Million in 2025, Driven by CBN Policy Initiatives Nigeria’s BVN Database Grows to 67.8 Million, Fueled by Regulatory Directives Bank Verification Number (BVN) enrollments in Nigeria achieved a significant milestone, reaching 67.8 million by December 2025. This expansion of the critical identity verification database underscores its deepening integration within the nation’s […]

GTCO’s N10 Billion Private Placement: A Regulatory Response to Growth Understanding GTCO’s Strategic Capital Raise In a move that underscores the unique regulatory landscape for Nigerian financial conglomerates, Guaranty Trust Holding Company (GTCO) successfully concluded a N10 billion private placement in late December 2025. The transaction, which received prior approvals from the Central Bank of […]

Top 10 Most Expensive Areas to Rent a 2-Bedroom Apartment in Lagos Lagos Rental Market 2025: The Top 10 Priciest Areas for a 2-Bedroom Apartment In the dynamic Lagos real estate landscape, two-bedroom apartments remain highly sought-after. Property experts note their enduring popularity stems from an optimal balance of space, comfort, and relative affordability, catering […]

Rebooting Tax Reform: Bridging the Trust Gap in Nigeria Rebooting Tax Reform: Bridging the Trust Gap in Nigeria The proposed new tax regime in Nigeria faces significant public skepticism, a challenge rooted not in its technical design but in its neglect of a foundational principle: tax morale. The controversy surrounding the bill’s passage and the […]

Canada’s Immigration Enforcement: 974 Nigerians in Deportation Process Nearly 1,000 Nigerians in Canada’s Deportation Pipeline as Enforcement Accelerates Official data from the Canada Border Services Agency (CBSA) reveals that 974 Nigerians are currently under “removal in progress” orders, placing Nigeria as the fifth-highest source country for impending deportations. This development occurs as Canada intensifies its […]

Sovereign Trust Insurance Announces Leadership Transition: Dr. Lucas Durojaiye Appointed MD/CEO Sovereign Trust Insurance Appoints Dr. Lucas Durojaiye as Managing Director and CEO The Board of Directors of Sovereign Trust Insurance Plc has officially announced the appointment of Dr. Lucas A. Durojaiye as its new Managing Director and Chief Executive Officer. This strategic leadership transition […]

NNPC Ltd Achieves Milestone with AKK Gas Pipeline Main Line Completion NNPC Ltd Completes AKK Gas Pipeline Main Line, Paving Way for Northern Industrialization The Nigerian National Petroleum Company (NNPC) Limited has announced the successful completion of the main pipeline line for the strategic Ajaokuta–Kaduna–Kano (AKK) gas project. This critical achievement marks a pivotal step […]

ipNX and Katsina State Forge Partnership for Broadband Expansion and Digital Transformation ipNX and Katsina State Government Sign MoU to Accelerate Digital Infrastructure Development In a significant move to bolster its digital economy, the Katsina State Government has entered a strategic partnership with leading Nigerian ICT firm, ipNX Nigeria Limited. The formal signing of a […]

Tinubu Approves Cancellation of NNPCL’s $1.42bn and N5.57tn Legacy Debts to Federation Presidential Directive Clears NNPCL’s Legacy Debts to Federation Account President Bola Tinubu has authorized the cancellation of significant legacy debts owed by the Nigerian National Petroleum Company Limited (NNPCL) to the Federation Account. The move erases approximately $1.42 billion and N5.57 trillion in […]

Atiku Calls for Legislative Review of Tinubu Tax Laws Amid Gazette Dispute Atiku Urges Fresh Legislative Process for Tax Laws Following Gazette Controversy Former Vice President Atiku Abubakar has formally called for a new legislative review of the Tinubu administration’s tax reform laws. This demand follows a Senate confirmation that the officially published versions of […]

JAMB Announces Q1 2026 for UTME Registration Commencement JAMB Finalizes Preparations, Sets First Quarter 2026 for UTME Registration The Joint Admissions and Matriculation Board (JAMB) has officially announced that the registration process for the 2026 Unified Tertiary Matriculation Examination (UTME) will commence in the first quarter of 2026. This timeline was confirmed in the Board’s […]