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Infrastructure, forex undermining real sector interventions
Improvement in local manufacturers’ confidence in the economy as well as sectoral recovery, remains challenged by parlous state of infrastructure...
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Nigerian Breweries records N337bn in revenue
Nigerian Breweries Plc said it recorded a turnover of N337.01bn in revenue in its audited financial statement for the year...
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Hope PSBank begins free NIN registration for Nigerians across offices nationwide
Hope PSBank, a subsidiary of Unified Payment Services Limited and Nigeria’s premier digital-first bank, has commenced a free National Identification...
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Petrol landing cost jumps to N186, oil hits $64
Against the backdrop of the rising price of oil prices, the landing cost of Premium Motor Spirit (petrol) imported into...
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Individuals can build, maintain highways, says FG
Under the new Highway Development and Management Initiative of the Federal Government, private individuals will be permitted to build, operate...
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United Capital Grows Profit by 61% to N7.9bn, to Pay N4.2bn Dividend
United Capital Plc, one of the leading investment banking firms has recorded positive results for the year ended December 30,...
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Labour silent as Buhari, govs discuss fuel price Thursday
The President, Major-General Muhammadu Buhari (retd.), and the state governors will discuss the issue of fuel pricing Thursday. The Minister...
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The insurance sector’s assets hit N1.82tn on the recapitalization deadline
The insurance sector’s assets rose by N410bn in one year as the industry attracted new investors; NIKE POPOOLA reports Despite the impact...
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African Union to Set up Infrastructure Fund
The African Union (AU) is setting up a fund to finance the construction of much-needed roads, railways and power plants...
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Danbatta: Women Pivotal to Socio-economic Development
The Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta, has emphasised the important role...
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SON to Deploy Tools to Boost Enforcement of Standards
The Director General, Standards Organisation of Nigeria (SON), Mallam Farouk Salim, said the agency has resolved to adopt additional approaches,...
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Underwriter gets stable outlook rating for performance
The plan to recapitalise the insurance industry in the country may be getting the required boost as insurers record improved...
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Nigeria has $5.83bn undisbursed foreign loans – DMO
Nigeria has more than $5.83bn foreign loans that have been approved but not yet disbursed, the Debt Management Office has...
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COVID-19 pushes 27m Nigerians into extreme poverty, says NLC
The ravaging coronavirus has pushed 27 million Nigerians into abject poverty since the outbreak of the virus early last year....
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As More Airlines Enter Aviation Industry
There are key facts that could be confirmed by the Nigerian Civil Aviation Authority (NCAA) and industry analysts.The first is...
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FBNInsurance partners Collinson on healthcare
FBNInsurance, a life insurer and a member of the SANLAM Group, said it partnered Collinson, a global leader in travel,...
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Fuel price hike looms nationwide as marketers meet
Marketers of Premium Motor Spirit, popularly called petrol, on Wednesday met in Abuja on matters regarding the price of the...
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Power grid collapses, plunges Lagos, others into darkness
The nation’s power grid suffered its first collapse this year on Wednesday, plunging parts of the country into a blackout....
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CBN sells $10.3bn at FX market in six months
The Central Bank of Nigeria (CBN) sold a total of $10.3 billion at the foreign exchange (FX) market in the...
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Agusto & Co. has Released the 2021 Insurance Industry Report.
According to Agusto & Co’s newly released 2021 Insurance Industry report, the Nigerian insurance industry generated premiums of over ₦592...
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Nigeria’s automobile testing centres in Lagos, Enugu, and Zaria to be completed in 2021
The DG of NADDC says Nigeria’s automobile testing centres in Lagos, Enugu, and Zaria will be completed this year. The...
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FirstBank’s CEO Pledges Support for SMEs
The Chief Executive Officer, FirstBank Nigeria Limited, Dr. Adesola Adeduntan, has reiterated the commitment to the bank towards empowering small...
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NAICOM approves new board for Law Union
Law Union & Rock Insurance Plc has said the National Insurance Commission has approved its new board of directors. The...
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Petrol Retailers Seek Collaboration with FG on Refineries’ Repair
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has expressed its readiness to collaborate with the federal government...
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Access Bank Incentivises Customers
Access Bank Plc has unveiled series of offers for its customers. The campaign which is tagged “It’s a Love Thing,”...
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