Real estate firm addresses housing challenges
A real estate firm, Landwey Investment Limited, said it has initiated an interstate real estate development model called ‘WeyFlex’ to...
FEC approves N58.43bn for roads, agric projects
The Federal Executive Council, on Wednesday, approved contracts worth N58.427bn for roads and agricultural emergency intervention projects. The Minister of...
FCCPC, NCAA inaugurate technical committee to investigate airfare hike, others
A joint technical committee to investigate the recent alleged unanimous hike in airfares by domestic airlines and other consumer complaints...
World Bank sanctions Nigerian firm, MD over alleged corrupt practices
The World Bank has sanctioned AIM Consultants Limited, a Nigerian consultancy company, and its Managing Director, Amin Moussalli, for alleged...
$1.04bn spent on fuel imports in 2021, says CBN
The quantity of foreign exchange used for the importation of petroleum products into Nigeria fell to $1.04bn last year from...
Nigeria to Begin Export of Cocoa Derivatives, Says Minister
The Minister of Agriculture and Rural Development, Dr.Mohammad Abubakar has said it’s high time the country exported cocoa powder and...
Smart Adoption of Data Will Enhance SMEs Growth, Says MTN Boss
The Chief Executive Officer of MTN Nigeria, Mr. Karl Toriola has stressed the need for smart adoption of data by...
FG concludes licensing round, awaits Mafab’s $253.9m payment today
…GSMA sees 5G boosting GDP by $610b Though Nigeria successfully auctioned the 3.5GHz spectrum for the deployment of the Fifth-Generation...
Nigeria exports software to other African countries, says NOTAP
The Director-General of the National Office for Technology Acquisition and Promotion, DanAzumi Ibrahim, has said Nigeria is now exporting software...
Despite onshore risks, Shell to strengthen deepwater, gas position
Notwithstanding the risks associated with onshore production in the country leading to divestments of international oil firms, Shell Petroleum Development...
Firm Train Business Managers to Upscale SMEs in Accessing Credits
As part of implementing partners on the International Labour Organization- Start and Improve Your Business. (SIYB), an isolated entrepreneurship capacity...
IMF Chief Pledges Large Scale On-lending of SDRs to Africa
The International Monetary Fund’s Kristalina Georgieva has noted that for inclusive and sustainable growth in Africa, the IMF would accelerate...
FirstBank, CDC/BII to Support Women, SMEs With $100m Credit Facility
CDC Group, the UK Government’s development finance institution yesterday announced a $100 million finance facility to First Bank of Nigeria...
NAICOM Partners Development Agency to Launch Digital Insurance Solution
The National Insurance Commission (NAICOM) is partnering FSD Africa to launch BimaLab, an accelerator programme designed to boost the development...
Insurance industry GPI dampened, closed at N520bn in 2021 – Agusto & Co
The growth expected in total gross premium income (GPI) reported in the Nigerian insurance industry was muted at N520 billion in...
The Nigerian Insurance Industry Is More Resilient Than Expected Despite Headwinds – Report
Agusto & Co. Limited, one of the Pan-African credit rating agencies has stated in its 2022 insurance industry report that...
Insurers’ profit to drop on higher claims, inflation
While modest profitability indices are projected for Nigeria’s insurance industry in the full-year of 2021, a poorer performance is expected...
Firm Connects 2,000 Niger Delta Households to Mini-grid Solar Power
Renewvia Solar Nigeria Limited, a subsidiary of Renewvia Energy Corporation, has successfully connected about 2,000 new households and over 6,000...
FG targets N5b revenue from fishery coastal terminal project
The Fisheries Coastal Terminal Concession project is expected to generate about N5 billion, create massive jobs and boost the government’s...
5G network rollout in Nigeria’ll require huge infrastructure –NCC
The Executive Vice Chairman and Chief Executive Officer of the Nigerian Communications Commission, Prof. Umar Danbatta, says that the rollout...
UK to fund £10m energy projects in Nigeria
The United Kingdom announced on Monday its plan to inject £10m worth of aid to invest in energy access projects...
Buoyed by CBN Financial Inclusion Policies, Financial, Insurance Subsectors’ Annual Growth Rate Reached 10.07% in Q4 2021
As Nigeria’s Gross Domestic Product (GDP) grew by 3.4 per cent in 2021, financial and insurance subsectors hit a new...
IATA Confirms Increase in Air Travel as Restrictions are Lifted
The International Air Transport Association (IATA) has released data showing growing momentum in the recovery of air travel as restrictions...
Veritasi Homes signs learning partnership with LBS
Veritasi Homes and Properties, a real estate and property development company in Nigeria, says it has signed a learning partnership...
Nigerian insurance industry resilient amid challenges, says Agusto
The Nigerian insurance industry has remained resilient despite challenges in the economy, according to a report by Agusto& Co. Limited....
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