Femi Otedola’s aggressive investment in First HoldCo Plc has made him Africa’s fastest-growing billionaire in 2026, highlighting how the turnaround read more Otedola’s FirstHoldCo buying spree makes him Africa’s fastest-growing billionaire

Edo State Governor, Monday Okpebholo, has disclosed plans to appoint no fewer than 4,800 aides as part of his government’s read more Okpebholo approves appointment of 4,800 aides

BY NKECHI NAECHE-ESEZOBOR—Heirs Life Assurance on Monday announced the appointment of Pastor Jerry Eze as an Independent Non-Executive Director on its Board, effective August 10, 2026. The life company in a statement released today said the appointment reinforces its commitment to expanding financial inclusion and accelerating insurance adoption by strengthening public trust, consumer education, and […] The post NSPPD Convener Pastor Jerry Eze Joins Heirs Life Assurance Board appeared first on Business Today NG.

AXA Mansard Insurance Plc has sustained its growth momentum in its half year 2026, posting a 14 per cent increase in profit after tax to ₦7.8 billion while reaffirming that it is well positioned to meet the new minimum capital requirements under the Nigerian Insurance Industry Reform Act (NIIRA) 2025. The insurer’s half-year performance comes […] The post AXA Mansard Grows H1 profit to ₦7.8 billion, Meets Minimum Capital Requirements threshold appeared first on Business Today NG.

L-R: Managing Director/CEO, Mutual Benefits Life Assurance Ltd., Biyi Ashiru-Mobolaji; Managing Director/CEO, Mutual Benefits Assurance Plc, Olufemi Asenuga; Non-Executive Director, Adesoye Olatunji; Company Secretary, Jide Ibitayo and Executive Director (Technical), Mutual Benefits Assurance Plc, Joseph Oladokun, at the 30th Annual General Meeting of Mutual Benefits Assurance Plc, held on Thursday, 6 August 2026, in Lagos. […] The post Mutual Benefits Rewards Shareholders with ₦803m Dividend as Revenue Hits ₦80 Billion appeared first on Business Today NG.

BY NAECHE-NAECHE-ESEZOBOR—Leadway Assurance Limited said its recapitalised era will be defined not only by regulatory compliance, but by audacious strategic ambition. The insurer in a statement released recently disclosed this known following the successful completion of its recapitalisation exercise under the Nigerian Insurance Industry Reform Act (NIIRA) According to statement released by the insurer, that […] The post Leadway Assurance Sets Bold Post-Recapitalisation Agenda Beyond Compliance appeared first on Business Today NG.

The Alternative Bank (AltBank), on Thursday, hosted investors, entrepreneurs, wealth creators and institutional decision-makers to a private intelligence forum held in Victoria Island, Lagos. Themed ‘Beyond Interest’, the forum was convened to advance the case for non-interest finance as a practical route to mobilising patient capital into Nigeria’s productive economy, as well as press investors […] The post Sanwo-Olu, Fashola, Key Policy Leaders Advocate for Alternative Finance as Nigeria’s Growth Engine appeared first on Business Today NG.

The Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has outlined how the Federal Capital Territory Administration (FCTA) can leverage Nigeria’s capital market to raise long-term funds for critical infrastructure projects instead of relying solely on annual budgetary allocations. Speaking at the Abuja Business & Investment Summit and Expo (ABIE 2026) in […] The post SEC Recommends Capital Market Financing for FCT Infrastructure appeared first on Business Today NG.

BY NKECHI NAECHE-ESEZOBOR--The Executive Chairman of the Nigeria Revenue Service (NRS), Zacch Adedeji, has debunked report connecting  the agency to the alledged illegal transfer of $279 million from the Frontier Exploration Fund, describing the report as fake news sponsored by individuals seeking to damage his reputation and that of the NRS. The NRS boss, in […] The post NRS Chairman Adedeji Denies $279m Frontier Fund Fraud Allegation appeared first on Business Today NG.