Author: BusinessTrumpet

NEM Insurance’s Q1 2026 results reflect a softer profitability numbers, with profit after tax declining 68.2 % year-on-year to N4.1 billion.

Similarly, stock market capitalisation appreciated by 1.05% w/w to close at N131.17 trillion, bringing the ASI year-to-date (YTD) return to 30.95%

Zenith Bank (ZENITHBANK) delivered a broadly resilient FY 2025 performance (audited), underpinned by strong revenue growth but moderated by, weaker trading income, and higher operating costs. Gross earnings expanded by 6.7% to N4.08trn, driven primarily by a robust 35.0% y/y surge in interest income to N3.67trn.

The Nigerian stock market sustained its bullish run, as the NGX All-Share Index (ASI) advanced by 0.28% to close at

Nigerian fintech giant Flutterwave has officially secured a national microfinance banking licence from the Central Bank of Nigeria (

today announced the opening of applications for its 2026 Cascador ScaleUp Program, for an elite class of ambitious founders poised to scale their companies.

Cascador today announced the appointment of Oyin Solebo as Chief Operating Officer, bringing on a proven builder with deep experience scaling startups and deploying capital across Africa.

It is no longer news. Manchester United has sacked their manager, Ruben Amorin, after 14 months tenure and 63 games

The Les Aigles, better known as the Eagles of Mali, tonight beat the Carthage Eagles (Les Aigles de Carthage) of

Monthly Inflation in Nigeria Firms up as Food Inflationary Pressure Re-emerges according to reports from the National Bureau of Statistics

soldiers stormed national television airwaves on December 7, 2025, proclaiming to have overthrown the Benin Republic Government of President Patrice Talon in a military coup and the establishment of a military-led transitional regime.

In a landmark move to empower Nigeria’s youth and combat unemployment, the Federal Government has disbursed a whopping ₦4.7 billion

Nigerian stock market maintained its bullish run for the third consecutive session, as the NGX All Share Index (ASI) gains 0.10%

Nigeria’s economy maintained steady growth path in Q3’ 25, reflecting slower growth from the previous quarter. According to the National Bureau of Statistics (NBS

the Nigerian stock market NGX All Share Index (ASI) fell by 0.14% w/w to close at 143,520.53 points, extending its bearish for the fifth consecutive week

the market capitalization appreciates by N111.1bn to settle at N91.1trn.

Liverpool FC, were comprehensively outclassed by PSV in front of their home fans. At the end of 94 minutes of play, it was PSV Eindhoven 4 and Liverpool 1.

The Nigerian stock market slumps again today Wednesday closing today’s session on a bearish note, as the NGX All Share Index (ASI) sheds 0.49% to close at 143,064.57 points.

All 12 members of the committee were in attendance and they unanimously approved retaining the monetary policy rate at 27%. Other key decision reached by the MPC are:

Nigerian stock market sustained bearish sentiment from the prior session, as the ASI and stock market capitalization falls by 8bps to settle at 143,614.61 points and N91.35trn,

Paystack has terminated the appointment of its Co-founder and chief technology officer, Ezra Olubi, on allegations that he had sexual relations with a junior employee.

International reggae singer and global music and cultural icon, Jimmy Cliff, is dead. In a post to his official social media pages, his wife Latifa Chambers said Cliff passed away after a battle with pneumonia which followed a seizure. He was 81.

Leading B2B global payments platform Verto has announced the winners of its inaugural Verto Award, a transformative initiative created to spotlight and elevate early-stage African startups

Nigeria is facing a TB epidemic that’s nothing short of devastating. As Africa’s hardest-hit nation and the world’s sixth-most affected country, we’re staring down over 500,000 new TB infections annually

Man City slump 1:2 to Newcastle at St James’ Park, throwing their premier league title hopes into jeopardy.

We are thrilled to announce the NASME Lagos Business Summit, a premier gathering of Nigeria’s vibrant SME community. Whether you are a nano, micro, small or medium enterprise, this is your chance to tap into powerful resources, network with like-minded entrepreneurs, and learn from business leaders who understand the challenges you face.

appeal to young Nigerians to cultivate a strong savings culture, describing it as a lifelong discipline that supports stability, resilience, and long-term financial independence.

However, the headline inflation rate saw a notable decline, dropping to 18.02% from 20.12% in August, a reduction of 2.1 percentage points month-on-month

The Buy Interest overshadows selloffs in the Stock market on Thursday as the Nigerian stock market maintained its positive momentum: the All-Share Index (ASI) and market capitalization gained 1.08% to close at 146,981.17 points

Truecaller, the leading global platform for caller identification has unveiled groundbreaking Advertising Effectiveness Measurement Suite named ROI of Trust

Standard Chartered Bank Nigeria Limited will close all personal accounts whose Assets Under Management fall below ₦7.5 million effective from February 2026.

Mr. Wale Edun, who said there would be continued consultation and a balanced approach in the implementation of the new Capital Gains Tax (CGT) provisions under the recently enacted tax reforms

The Nigerian stock market extended its bearish momentum, as the NGX All Share Index (ASI) saw its biggest single day loss since January 2020. Market closed down by 5.01% to close at 141,327.30 points

UBA has provided its customers with update on Tax Deductions for Investment Interest as directed by the Federal inland Revenue Service, FIRS. In an email sent out today, November 11, 2025 to its numerous account holders,

The NGX stock market opened the week bearish, as the NGX All Share Index (ASI) declined by 0.50% to close at 148,781,90 points.

Nigeria’s federal government has gone way over its borrowing target for 2025 by over bowering by more than 55% as at October.

Rack Centre Partners with EdgeNext to Launch Content Delivery Network (CDN) and Cloud Hosting Services in Nigeria

The Nigerian stock market continued its downward turn for the fourth consecutive session, as the NGX All Share Index (ASI) shed by 0.36% to close at 150,026.55 points

The Nigerian stock market continued its bearish momentum for the third consecutive session this week, as the NGX All Share Index (ASI) declined by 1.35% to close at 150,573.87 points.

The Nigerian stock market extended its negative sentiment into today’s session, as the NGX All Share Index declined by 0.09% to 155,353.20 points.

Okomu Oil Palm Plc (“Okomu” or “the Company”) released its financial results for the nine months ended September 2025 (“9M 2025”), showing strong year-on-year growth despite a slower performance in the third quarter (“Q3 2025”).

driven by buy interest in BUACEMENT (+6.25%), MTNN (+1.18%), and FIRSTHOLDCO (+3.50%), outweighing sell pressure in ACCESSCORP (-0.78%), MANSARD (-4.05%), and CONOIL (-4.07%).

The National Bureau of Statistics (NBS), in its GDP Report for the second quarter of 2025, revealed that Nigeria’s real GDP expanded by 4.23% year-on-year — a notable improvement from 3.48% in Q2 2024 and higher than the revised 3.13% recorded in Q1 2025

At its 302nd meeting in September 2025, the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) announced a reduction of the Monetary Policy Rate (MPR) by 50 basis points, bringing it down to 27%

More than 578 young entrepreneurs from across Nigeria have so far benefited from Unity Bank Corpreneurship Challenge, the Bank’s flagship programme designed to nurture and empower youth-led businesses