Business

Nigeria’s total pension fund assets rose to N23.65 trillion as of the end of April 2025, up from N23.33 trillion in March, according to the latest unaudited report from the...

The Dangote Petroleum Refinery has revealed plans to absorb over N1.07 trillion annually in fuel distribution costs as part of its strategy to supply products directly to marketers nationwide. To...

The insurance industry’s Gross Written Premium rose by 56% in the 2024 financial year, reaching N1.56 trillion up from N1.00 trillion in 2023 driven largely by the non-life segment. This...

TAJBank Limited, a pioneer in Nigeria’s non-interest banking sector, recorded a significant rise in total assets, which soared to N953.10 billion in 2024, up from N518.33 billion in 2023 —...

Signature Bank Limited has announced the appointment of Mr. Nixon Iwedi as its new Managing Director and Chief Executive Officer. According to a press statement released on Sunday, the bank...

The Nigerian insurance sector experienced a remarkable financial boost in the 2024 fiscal year, as Gross Written Premiums (GWPs) climbed by 56% to N1.56 trillion, up from N1.00 trillion in...

The Presidency has clarified that President Bola Tinubu’s ongoing visit to Saint Lucia is a significant diplomatic and cultural engagement not a vacation, as some critics have claimed. In a...

A recent World Bank report reveals that Nigeria has connected nearly six million people to electricity through over 170 mini-grids and 1.2 million stand-alone solar systems, as part of its...

The Lagos Chamber of Commerce and Industry (LCCI) is set to launch an Innovation Hub on Monday in Lagos, aimed at supporting tech startups and small to medium-sized enterprises. Ladi...

Meristem Securities Limited has projected that Nigerian oil and banking stocks will benefit from the continued increase in global crude oil prices, driven by geopolitical tensions in the Middle East....