News
Universal Insurance stumbles into ₦2.2bn Q1 loss
Universal Insurance posted a ₦2.2 billion loss in Q1 2026 after oil and gas claims erupted, wiping out a 40% jump in gross premiums and flipping a profitable qu…
Read Article →

Universal Insurance posted a ₦2.2 billion loss in Q1 2026 after oil and gas claims erupted, wiping out a 40% jump in gross premiums and flipping a profitable quarter into a painful miss.

Jaiz Bank signals continued earnings momentum with its Q3 2026 forecast, projecting ₦9.69 billion in profit after tax amid a ₦150bn capital raise and aggressive branch expansion plans.

The Nigerian Exchange (NGX) closed the first half of 2026 with a broad sell-off in heavyweight stocks, even as the market held onto a 45.95% year-to-date gain that masks June’s bruising correction.

Skyway Aviation shares touched a record peak before reversing sharply, raising questions about the stock’s valuation after a 152% rally.

More than 1.2 million Wema Bank shares changed hands on June 29 without moving the price, a striking signal in a session where the broader NGX lost 1.57%.

The Dangote Refinery IPO prospectus has not been filed with regulators yet, but knowing what it will contain puts you ahead of the crowd.

Millions of Nigerians are racing to figure out how to buy Dangote Refinery shares, but most aren’t ready for what the process actually requires.

Africa’s largest refinery just made its first Middle East crude purchase, and the timing says everything about where Dangote is headed next.

First HoldCo’s stock rallied as investors digested a massive private placement and Femi Otedola’s growing grip on Nigeria’s oldest lender.
Budgeting, retirement, income
Stocks, funds, portfolios
Mortgages, debt, scores
Filing, deductions, accounts
Budgets, goals, emergency funds
Cash flow, capital, fintech
Markets, deals, policy
Calculators, templates, guides