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Energy

Seplat Energy Records 498% Profit Surge to $164m, Declares 12 Cents Dividend for H1 2026

BY NKECHI NAECHE-ESEZOBOR—Seplat Energy Plc, a leading Nigerian independent energy producer listed on both the Nigerian Exchange and London Stock Exchange, has delivered...

Insurance World

Veritas Kapital Assurance Forecasts ₦1.45bn PAT for Q3, Eyes ₦7.29bn Insurance Revenue

BY NKECHI NAECHE-ESEZOBOR—Veritas Kapital Assurance PLC has released its projection for third quarter ending September 30, 2026. According to its latest earnings forecast...

Capital

Nigerian Stock Market to Rebound in H2 2026 Despite Economic, Political Risks – Expert

BY NKECHI NAECHE-ESEZOBOR—Nigeria’s stock market is expected to record a mild recovery in the second half of 2026, driven by stronger corporate earnings,...

Capital

Expert Sees Equities Recovering as Reforms Strengthen Investor Confidence

Nigeria’s equities market is expected to record a gradual recovery in the second half of 2026 as improving corporate performance and ongoing economic...

Capital

Seplat Energy Bags Double Honours at Nairametrics Capital Market Awards 2026

BY NKECHI NAECHE-ESEZOBOR—Seplat Energy Plc, foremost indigenous energy company in Nigeria, has been named the Energy Company of the Year and Dividend Paying...

Capital

Royal Exchange Targets ₦2.7bn Equity Injection in Fresh Capital Raise

BY NKECHI NAECHE-ESEZOBOR—Royal Exchange Plc has unveiled plans to raise up to ₦2.7 billion in fresh equity capital as part of efforts to...

Insurance World

Royal Exchange Plc to Acquire, Recapitalise Royal Exchange Prudential Life

BY NKECHI NAECHE-ESEZOBOR—Royal Exchange Plc has disclosed plans to acquire and recapitalise Royal Exchange Prudential Life as part of a broader strategy to...

Insurance World

Insider Dealing: Mutual Benefits Director, Ogunbiyi Sells Shares Worth Over ₦6.3 Million

BY NKECHI NAECHE-ESEZOBOR—Mutual Benefits Assurance Plc has disclosed an insider transaction involving one of its directors, Dr. Akinade Ogunbiyi, who sold more than...