Linkage Assurance’s profit after tax rose by 31 per cent to N4.09bn in the nine months ended September 2026, supported by stronger investment and other income despite rising insurance-related costs. The company’s unaudited financial results filed with the Nigerian Exchange Limited showed that profit after tax increased from N3.12bn in the corresponding period of 2025
By Obas Esiedesa, Abuja ABUJA — The Nigerian National Petroleum Company Limited (NNPC) recorded a cumulative Profit After Tax (PAT) of N3.494 trillion between January and September 2026, following an 18.1 per cent increase in its September profit to N509 billion. On gas infrastructure projects, NNPC said the Obiafu-Obrikom-Oben (OB3) Gas Pipeline had achieved 100 per cent completion, while the Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline was 95 per cent complete.
The Ghana Stock Exchange (GSE) continued its impressive performance in 2026 as the GSE Composite Index (GSE-CI) rose by 1.4% week-on-week to settle at 14,303.4 points last week. GCB Bank Plc (+4.6% w/w | GH¢42.08) led the gainers’ chart, while Société Générale Ghana (- 7.4% w/w | GH¢4.63) was the worst laggard.
But the Constitution Bench notes that sales tax regime has changed with VAT and GST over the years
M&S takes more than a year to recover from cyber-attack as profits bounce back to £355m. Sales and profit from clothing and homeware remain below two years ago but ‘brand is in good health’ Marks & Spencer has said a devastating cyber-attack that shut down its website last year continued to hurt clothing sales over the summer, more than a year after the hack. The attack, which began over Easter 2025, forced it to shut its website, which sells clothing and homewares, for more than six weeks.
Karin Blak responds to an article about children’s homes in crisis and what can be learned from the Danish system As a Dane who went through Danish children’s services, and later worked in Sure Start centres as a family therapist in England, I found your article particularly resonant (English children’s homes are in crisis. Denmark’s basic national income-tax rate and average municipal income-tax rate together amount to about 37%, almost twice England’s 20% basic rate.
The World Bank’s International Development Association (IDA) accounted for $18.533 billion of the multilateral debt, while IMF Special Drawing Rights allocations stood at $5.516 billion. Despite the increase in the debt stock, Nigeria recorded improvements in two key debt indicators, with external debt relative to exports declining by 4.3 per cent to 212 per cent, while the debt-to-Gross National Income ratio fell by 6.6 per cent to 51 per cent.