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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...

News

Fortis Global Insurance Begins Share Capital Reconstruction, Suspends Trading for Two Weeks

BY NKECHI NAECHE-ESEZOBOR—Fortis Global Insurance Plc has commenced the reconstruction of its share capital following the receipt of all required regulatory approvals, a...

Insurance World

Regency Alliance Launches ₦3.04 Billion Rights Issue to Strengthen Capital Base

BY NKECHI NAECJE-ESEZOBOR-Regency Alliance Insurance Plc has officially launched a ₦3.04 billion Rights Issue following the formal signing of its Rights Issue Agreement,...

Energy

Refinery Listing Will Democratise Africa’s Industrial Prosperity – Dangote  

President/Chief Executive, Dangote Group, Aliko Dangote, has said the planned listing of the Dangote Petroleum Refinery & Petrochemicals on the Nigerian Exchange is...

Energy

Seplat Hits ₦10,000 Mark, Bags Top Industry Honours

BY NKECHI NAECHE-ESEZOBOR—Seplat Energy Plc has reinforced its position as Nigeria’s leading indigenous energy company, recording strong investor confidence and multiple high-profile recognitions...