2337

Afreximbank Partners with D’banj’s C.R.E.A.M Platform to Boost Creative Industry

The African Export-Import Bank has sealed a partnership deal with the Creative, Reality, Entertainment, Arts and Music (C.R.E.A.M) Platform, a network of cultural and creative enterprises owned by popular Nigerian musician, Dapo... Read more »
IMG 20250619 WA0002

Naira Estates Limited Launched Another Estate In Awka Anambra State

Naira Estates Limited Launched Another Estate In Awka Anambra State. As part of its expansion plan, Naira Estates Limited launched an estate in Awka, capital of Anambra State. The estate which was... Read more »
IMG 8361

SUNU Insurance Declares 10kobo Per Share Dividend, Shareholders Give Nod

Shareholders of SUNU Assurances Nigeria Plc, a member of SUNU Group, at its 38th Annual General Meeting (AGM), approved key resolutions, including the payment of a dividend for the 2024 financial year.... Read more »
IMG 8326

Nigeria’s Inflation Eases to 22.97% as Food, Utility Costs Stabilize

Nigeria’s inflation rate has dropped to 22.97% in May 2025, down from 23.71% in April, according to the National Bureau of Statistics (NBS). This marks the second consecutive month of decline, signaling... Read more »
1000130532

Oil Prices Surge as Israel Bombs Iran Nuclear Sites in Preemptive Strike

Israel has launched a series of coordinated airstrikes on Iran, targeting nuclear facilities in what it describes as a decisive move to prevent the Islamic Republic from becoming a nuclear power. The... Read more »
IMG 7959

Investors Gain N181 Billion as NGX ASI Posts 0.26% Gain

Equities trading at the Nigerian Exchange Limited (NGX) opened the week with a moderate rebound, as the All-Share Index (ASI) rose by 0.26 per cent to close at 112,029.35 basis points, driven... Read more »
IMG 7924

NECA Prepares for 4th Nigeria Employers’ Summit

The Nigeria Employers’ Consultative Association (NECA), the focal voice of business in Nigeria, is set to hold the 4th edition of the Nigeria Employers’ Summit between Wednesday, June 25 and Thursday, June... Read more »
1000118589

Dangote Says Refinery Reduced Petrol Price to N820 per Litre

The President of the Dangote Group, Aliko Dangote, has revealed that most Nigerians are unaware that they currently pay 55 per cent of what other West African countries pay for Premium Motor... Read more »
IMG 7815

SEC Flags Silverkuun as High-Risk Investment, Advises Public

The Securities and Exchange Commission  (SEC) has warned the public against investing in unregistered investment schemes, including Silverkuun Investment Cooperative Society/Silverkuun Limited. In a circular issued in Abuja, yesterday, the commission said... Read more »
IMG 7732 1

Top Nigerian Banks Post N4.1trn Profit, 46.4% Growth Despite Economic Pressures

Despite an increasingly challenging economic climate, Nigeria’s five leading banks, First Holdco Plc, United Bank for Africa (UBA) Plc, Guaranty Trust Holding Company (GTCO) Plc, Access Holdings Plc, and Zenith Bank Plc,... Read more »
IMG 7697

Naira Appreciates Against Dollar, Trades at N1,580.44/$

The Naira, which has seen steady appreciation against the Dollar all week, closed stronger on Friday, trading at ₦1,580.44 in the official forex market. Data from the Central Bank of Nigeria’s website... Read more »
IMG 7691

Nigeria’s Renewable Energy Sector Holds 70,000 Jobs, Says REA

Rural Electrification Agency (REA) has expressed concern over the low number of renewable energy jobs in Nigeria, revealing that only about 70,000 people are employed in the sector despite the country’s vast... Read more »
IMG 7690

NAICOM Makes Insurance Compulsory for Public Buildings

The federal government, through the National Insurance Commission (NAICOM) plans to enforce Insurance for Public Buildings and Buildings Under Construction to deepen insurance penetration in the country. To this end, it convened... Read more »
IMG 7689

NEM Insurance Sees Revenue Surge to N97.9bn, Disburses N24.9bn in Claims

NEM Insurance Plc has recorded a 88 per cent increase in its revenue from N52.1 billion in 2023 to N97.9 billion in 2024, even as its claims payment rose to N24.9billion in... Read more »
IMG 7688

Linkage Assurance Receives B+ Rating from AM Best

Linkage Assurance Plc has been assigned a Long-Term Issuer Credit Rating (ICR) of “B+” by AM Best, a leading global credit rating agency. The outlook for both the credit rating and the... Read more »
IMG 7687

Prudential Zenith Life Bolsters Leadership Team with New Appointments

Prudential Zenith Life Insurance Limited (PZL) has appointed Tokunboh Ishmael as its new chairman and Funmilayo Abimbola Omo as the new managing director/chief executive officer(CEO). These strategic appointments follow Prudential Plc’s recent... Read more »
IMG 7583

Nigeria’s Capital Market: A Catalyst for $1 Trillion Economy — Edun

Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has emphasised the crucial role of the Nigeria’s capital market in achieving the nation’s ambitious goal of attaining a $1 trillion... Read more »
IMG 7568

Gov Eno’s Blue Economy Drive Garners Praise from Experts

Experts and other stakeholders in the maritime sector have reasoned that the passion with which the Akwa Ibom State Governor, Pastor Umo Eno, has brought to bear on Ibom Deep Seaport project... Read more »
IMG 7503

SON Promotes Quality Standards in Adamawa through Stakeholder Sensitisation

Some participants at a one-day sensitization workshop on the need to maintain standards, organized by the Standards Organization of Nigeria (SON) in Yola today, have described it as very rewarding. Chief Samuel... Read more »
IMG 7182 1

Lagos Govt to Revamp Apapa: Sanwo-Olu Approves New Agency

Lagos State Governor, Babajide Sanwo-Olu, has approved the establishment of the Apapa Central Business District Agency which aims to tackle infrastructure maintenance challenges and foster a conducive business environment in the state.... Read more »