NGX Group Chairman Umaru Kwairanga said the proposed Initial Public Offering of Dangote Refinery could significantly influence Nigeria’s capital market. The remarks highlight the potential listing as an important development for the Nigerian Exchange and its participants.
The Securities and Exchange Commission has launched a Probate, Unclaimed Monies Awareness and Investor Clinic to help beneficiaries recover inherited investments and address dormant investment assets. The initiative forms part of broader efforts to strengthen investor protection and reduce unclaimed funds in Nigeria’s capital market.
Cornerstone Insurance Plc and its subsidiary, FIN Insurance Company Limited, were listed by the National Insurance Commission among insurers that met the NIIRA 2025 recapitalisation requirement. The development relates to regulatory compliance in Nigeria’s insurance sector and is relevant to investors tracking Cornerstone Insurance.
The Central Bank of Nigeria says reforms implemented over the past 34 months have strengthened the foundation for sustainable economic growth, financial stability and inclusive development. It also reports that the measures are contributing to improved macroeconomic conditions, employment opportunities and broader economic development efforts.
Tantita Security Services Nigeria Limited said reduced pipeline vandalism and illegal bunkering in Delta State had improved security around critical oil infrastructure. The company attributed growing investor confidence and renewed business interest in the state to its pipeline surveillance operations.
AIICO Insurance Plc has received a new operational licence from the National Insurance Commission, confirming its continued composite insurance operations without a capital injection. The company also reported strong performance in the second quarter, making the update relevant to shareholders and Nigerian equities market participants.
The Federal Government has introduced the Tinubu Light Initiative to provide affordable renewable energy solutions to one million micro, small, and medium enterprises. The programme targets improved power access for businesses and may have broader implications for Nigeria’s electricity and renewable-energy ecosystem.
Rex Insurance Limited has met the new Minimum Capital Requirement prescribed by the National Insurance Commission. The development relates to ongoing regulatory capital compliance in Nigeria’s insurance industry and may be relevant to investors monitoring the broader financial services sector and listed insurers.
Hello. Is there anything wrong with the Zenith Bank Mobile App? I haven't been able to log into my account today at all. It keeps throwing up error messages. Pls let us know ASAP.
@ZenithBank
The Nigerian Insurers Association credited NAICOM’s regulatory guidelines, structured implementation process and supervisory oversight with the successful completion of the insurance industry recapitalisation exercise. The development is relevant to Nigeria’s listed insurance and broader financial services sector, although no specific NGX-listed company is identified.
The Federal Government has introduced the Tinubu Light Initiative to provide affordable renewable energy to one million MSMEs. The programme is intended to reduce energy costs for participating businesses, with potential relevance to Nigeria’s broader operating environment and the utilities segment represented on the Nigerian Exchange.
Seplat Energy's H1 2026 results reflect an oil and gas franchise benefiting simultaneously from a favourable price cycle, a structural tax improvement under the PIA, and a balance sheet in materially better shape than a year ago.