Top Stories - Page 4

New Investor Quietly Takes Over As Majority Shareholder Of Sovereign Trust Insurance

Power has changed hands in Sovereign Trust Insurance as New Eagle Millenium Limited quietly takes over as the majority shareholder of the company. While Sovereign Trust did not announce it through the

Prime Business Africa

August 12, 2025

News·Top Stories

Lagos Airport Paralysis Continues As Blind Protesters Hold Ground, Passengers Stranded

Access to the Murtala Muhammed International Airport, Lagos, remained blocked on Monday afternoon as visually impaired protesters refused to vacate Airport Road, leaving travellers stranded and uncertain about how to proceed. Airport

Amanze Chinonye

August 11, 2025

The equity market closed in positive territory for the second time this week as stocks rose by 0.04%. Investors traded N15.07bn worth of shares.

Business·Top Stories

NGX Rebounds With N79.61bn Gain

The stock market capitalisation of the Nigerian Exchange Limited (NGX) marginally increased by N79.61 billion to N92.29 trillion on Monday, August 11, from N92.21 trillion reported on Friday, August 8. Similarly, the

Prime Business Africa

August 11, 2025

News·Top Stories

Blind Protesters at Lagos Airport Demand Reopening of Farmcraft Training Centre, Public Meeting With Government

A protest by visually impaired persons that paralysed access to the Murtala Muhammed International Airport, Lagos, on Monday has been linked to the prolonged closure of Farmcraft, Nigeria’s only federal training centre

Amanze Chinonye

August 11, 2025

News·Top Stories

Military, Police move in As Blind Protesters Disrupt Access To Lagos Airport

A protest by a group of visually impaired persons on Monday paralysed road access to the Murtala Muhammed International Airport, Lagos, forcing passengers to abandon vehicles and resort to commercial motorbikes to

Amanze Chinonye

August 11, 2025

Business·Top Stories

AXA Mansard’s Profit Drops 95% To N586m In Q2 2025

Over N40.82 billion was generated by AXA Mansard in the second quarter (Q2) of 2025, surpassing the N33.77 billion recorded in the corresponding period in 2024, representing a 20.86 percent increase. AXA

Prime Business Africa

August 11, 2025

Business·Top Stories

State Of India No Longer 5% Stakeholder In Sterling Bank’s Parent Company

The State of India is no longer a 5 percent stakeholder in Sterling Financial Holdings Company, the parent company of Sterling Bank, following the financial institution’s share dilution in the second quarter

Prime Business Africa

August 11, 2025

Nigeria’s FDI Drops 70% Despite Rise In Cpaital Importation

Business·Top Stories

Nigeria’s FDI Drops 70% Despite Rise In Capital Importation

Nigeria’s foreign direct investment (FDI) has indeed experienced a sharp decline, dropping by 70.06 per cent in the first quarter (Q1) of 2025 to $126.29 million, down from $421.88 million in Q4 2024. This is even at the

Victor Ezeja

August 9, 2025

Nigeria's Equity Market Declines By 1.99% in March Despite Weekly Gains

Business·Top Stories

Stock Market Bullish Run Ends As Equity Cap Drops By N516bn

At the close of trading in the Nigerian stock market on Friday, August 8, the bourse’s valuation dropped to N92.21 trillion, from N92.73 trillion on Thursday, August 7, representing a decline of

Prime Business Africa

August 8, 2025

Sterling Bank, AATIF Raise $15m To Fund Renewable Energy-powered Agro-enterprises

Business·Top Stories

Sterling Financial Holdings Fined N26m

Sterling Financial Holdings Company Plc was fined N26 million in the first half (H1) of 2025, compared to the N9 million penalty paid by the company during the same period in 2024.

Prime Business Africa

August 8, 2025

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Top Stories - Page 4

New Investor Quietly Takes Over As Majority Shareholder Of Sovereign Trust Insurance

Lagos Airport Paralysis Continues As Blind Protesters Hold Ground, Passengers Stranded

NGX Rebounds With N79.61bn Gain

Blind Protesters at Lagos Airport Demand Reopening of Farmcraft Training Centre, Public Meeting With Government

Military, Police move in As Blind Protesters Disrupt Access To Lagos Airport

AXA Mansard’s Profit Drops 95% To N586m In Q2 2025

State Of India No Longer 5% Stakeholder In Sterling Bank’s Parent Company

Nigeria’s FDI Drops 70% Despite Rise In Capital Importation

Stock Market Bullish Run Ends As Equity Cap Drops By N516bn

Sterling Financial Holdings Fined N26m

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