Mutual Benefits suspends long-term investments to manage dwindling cash
WorldStage— Mutual Benefits Assurance Plc, one of Nigeria’s biggest insurers by market capitalization, managed its falling liquidity by avoiding investments in long-term assets last year. Its 2025 audited financial statement (AFS) recorded a net decrease in cash by 97 of its net cash increase the year...
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Dangote assures that all Nigerians will have access to his refinery’s IPO as part-owners
*As Otedola asked to be allocated $100m worth of shares Chairman of FirstHoldCo, Femi Otedola, has appealed to the President of Dangote Group, Aliko Dangote, to allocate $100 million worth of shares to him in the proposed listing of Dangote...
Nigeria: Supreme Court reverses recognition of Gabam as SDP National Chairman by Court of Appeal
WorldStage-- The Supreme Court of Nigeria has nullified the Court of Appeal judgment that recognized Alhaji Shehu Musa Gabam as...
Lagos must remain Africa’s leading commercial hub through strategic investments, people-focused governance – Hamzat
WorldStage-- The Lagos State Deputy Governor and All Progressives Congress (APC) governorship candidate, Dr Obafemi Hamzat unveiled a development agenda...
Nigeria: NITDA to strengthen coordinated innovation ecosystem
WorldStage-- The National Information Technology Development Agency (NITDA) has inaugurated the Technical Working Group (TWG) for the National Regulatory Sandbox...
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