Regency Alliance Insurance Reports Record Profits and Growth Amid Economic Shifts
Regency Alliance Insurance Plc announced significant growth in its 2023 financial performance, with gross written premium rising to N6.017 billion,…
Day: November 6, 2024
Nigerian Consumer Rights Agency Urges Fairness in Electricity Metering Transition
The Federal Competition and Consumer Protection Commission (FCCPC) head, Tunji Bello, has urged electricity distribution companies (DisCos) to prioritize consumer…
Sahara Group Foundation Launches MADAA Initiative to Empower African Entrepreneurs
Sahara Group Foundation has launched its “Making A Difference Around Africa” (MADAA) initiative to support emerging African entrepreneurs. This initiative,…
Nigeria Calls for Investment in Mechanized Farming to Boost Agricultural Sector
The Nigerian government is encouraging local and international stakeholders to invest in large-scale mechanized farming as part of the efforts…
NGX Halts Six-Day Losing Streak with N131 Billion Gain
The Nigerian Exchange Limited (NGX) saw a positive turnaround yesterday, with its market capitalization rising by N131 billion, ending a…
Nigeria’s Oil Minister Pushes for Industry Commitment to Boost Production and Security Measures
Nigeria’s Minister of State for Petroleum Resources, Senator Heineken Lokpobiri, has called on industry players to support the country’s ambitious…
MTN Nigeria Seeks to Raise N50 Billion Through Commercial Paper Issuance
MTN Nigeria Communications Plc is set to raise N50 billion through a commercial paper issuance as part of its broader…
Dangote Refinery Criticizes Pinnacle Oil’s Deregulation Claims and Defends National Interests
Dangote Petroleum Refinery has responded to Pinnacle Oil and Gas Limited’s CEO Robert Dickerman’s remarks on deregulation and the importation…
APMT Apapa Says Port Delays Caused by Poor Policy Enforcement
Kayode Daniels, the Head of Commercial at APM Terminals Apapa, clarified that cargo delays at Nigerian ports are primarily caused…
FG urged to stop tax reforms move
Tax consultant Adebisi Oderinde, CEO of AOC-Adebisi Oderinde & Co, has urged Nigerian President Bola Tinubu to reconsider implementing a…
AFEX Predicts Record Food Price Surge in Nigeria by 2025
The African Exchange (AFEX) projects an unprecedented rise in Nigerian food prices for the 2024/2025 season, driven by low domestic…
Nigerian Banks Defy Predictions as Non-Performing Loans Remain Stable in 2024
Against Fitch’s prediction that Nigerian banks’ Non-Performing Loan (NPL) ratios would rise in 2024, ten major banks have kept their…