The Nigerian stock market reversed gains, to close on a downturn yesterday, as market capitalisation declined by N70 billion, amid sell pressure in 27 stocks.
Precisely, the All-Share Index declined by 111.37 points, representing a loss of 0.10 per cent to close at 109,619.10 points. Also, market capitalisation fell by N70 billion to close at N68.896 trillion...........Read-More

Linkage Assurance Plc has been assigned a long-term issuer credit rating of "˜B+' by AM Best, a globally recognised credit rating agency. The outlook attached to both the credit rating and the issuer credit profile is stable.
According to AM Best, the rating reflects Linkage Assurance's strong balance sheet strength, adequate operating performance................Read-More

Fidelity Bank Plc Managing Director and Chief Executive Officer, Nneka Onyeali-Ikpe, has invested more than N760 m in purchasing additional shares of the tier-one lender.
According to a regulatory filing on the Nigerian Exchange Group disclosures portal, Onyeali-Ikpe acquired 18 million shares valued at approximately N366m on May 19, 2025, at N20.35 per share..................Read-More

United Bank for Africa Plc has emerged as the strongest Nigerian brand in the 2024 Brand Finance ranking, climbing from the ninth position last year to the top spot in the latest report.
The ranking, compiled by Brand Finance, a global independent brand valuation consultancy, rated UBA with a score of 92.4 out of 100, earning it a corresponding AAA+ rating, the highest among Nigerian brands...............Read-More

Fidelity Bank Plc added N1.63 trillion to its assets base within three months to strengthen its position as one of the seven largest banks in Nigeria, in terms of assets base.
This is according to regulatory filings approved by the Central Bank of Nigeria (CBN), Securities and Exchange Commission (SEC) and the Nigerian Exchange (NGX).................Read-More