Prudential Zenith Life Insurance Company Limited has announced that it has exceeded the minimum capital requirement set under the new Nigerian Insurance Industry Reform Act (NIIRA) by N19.3 billion, positioning …
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- BusinessCorporate EarningsFinanceInsuranceNigeriaRegulation
- BusinessCorporate GovernanceEconomyFinanceInsuranceINVESTMENTNigeria
Prestige Assurance Records 51% Growth in Premium, Withholds Dividend Amid Recapitalisation Plans
Prestige Assurance Plc has announced a 51 per cent increase in its gross written premium for the 2024 financial year, highlighting its resilience in a challenging operating environment. The company’s …
- BusinessCentral BankingEconomyFinanceInflationMonetary PolicyNigeria
CBN Cuts Benchmark Rate to 27% in First Policy Shift Since 2020 Pandemic
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria has, for the first time since the Covid-19 pandemic in 2020, reduced the benchmark interest rate, signalling a cautious …
- BusinessCorporate NewsEconomyFinance & ServicesInsuranceLeadershipNigeriaWomen in Business
Rex Insurance MD, Ebelechukwu Nwachukwu, Named Among Top 25 Corporate Leaders of 2025
The Managing Director of Rex Insurance, Mrs. Ebelechukwu Nwachukwu, has been recognised as one of Nigeria’s top 25 corporate leaders of the year. The recognition came at the 2025 edition …
- Community DevelopmentEconomyGovernanceNigeriaOil & GasPolicies
Niger Delta Communities Push for Full Implementation of Petroleum Industry Act for Development
Oil-producing communities in the Niger Delta are taking fresh steps to ensure they harness the benefits of the Petroleum Industry Act (PIA) for rapid and sustainable development. Stakeholders from across …
- AgricultureBusinessEconomyManufacturingPoliciesTrade
CPPE Urges FG to Boost Agriculture, Manufacturing and Trade to Turn Growth Into Jobs
The Centre for the Promotion of Private Enterprise (CPPE) has called on the Federal Government to urgently step up interventions in agriculture, manufacturing, construction, real estate, and trade in order …
- BusinessEconomyEnergyInternational RelationsINVESTMENTTrade
Nigeria to Showcase Investment Opportunities at Türkiye-Africa Business and Economic Forum 2025
Nigeria will take a central role at the Türkiye-Africa Business and Economic Forum (TABEF) 2025 as the Chairman of the Nigeria-Türkiye Business Council (NTBC), Mr. Dele Oye, leads the country’s …
Nigerian businessman, Femi Otedola, has strongly denied claims linking him to the controversial fuel subsidy fraud investigated under former President Goodluck Jonathan’s administration. He described the allegations made by Umar …
- HealthHuman RightsJudiciaryLawPoliticsSecurity
Court Orders NMA to Assess Nnamdi Kanu’s Health Condition
The Federal High Court in Abuja has directed the Nigerian Medical Association (NMA) to set up a special panel of medical experts within eight days to evaluate the health condition …
- Conflict ResolutionDiplomacyEastern AfricaInternational RelationsPoliticsSecurity
Congo and Rwanda Set October Start Date for U.S.-Mediated Peace Deal
The Democratic Republic of Congo and Rwanda have agreed to begin implementing key security measures under a peace deal mediated by the United States, starting October 1, 2025. The joint …