The Federal Government has taken steps to address the growing threats of flooding, erosion, and environmental degradation in Nigeria’s coastal regions through the development of a new Integrated Coastal Zone …
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- EnvironmentHealthcareInfrastructureNigeriaPolicies
- BusinessEconomyGOVERNMENTNigeriaPolicies
Tinubu Suspends Controversial Financial Reporting Council Levy on Private Companies
President Bola Ahmed Tinubu has ordered a temporary suspension of the implementation of the controversial Financial Reporting Council (Amendment) Act 2023, which introduced new annual regulatory dues on large private …
- BusinessEconomyFinance & ServicesInsuranceNewsPolicies
70% of Nigerians Lack Insurance Coverage, Brokers Raise Concern
About 70 per cent of Nigerians do not have any form of insurance coverage, according to the Nigerian Council of Registered Insurance Brokers (NCRIB). This figure was revealed by Ojo …
- BusinessDangote IndustriesEconomyEnergyNewsNigeriaOil & GasPolicies
Petrol Marketers Expect Pump Price Drop as Crude Oil Prices Fall
Petroleum product marketers in Nigeria are expecting a possible drop in petrol pump prices this week, following a significant fall in international crude oil prices. This anticipated adjustment, according to …
- BusinessEconomyFinance & ServicesInsuranceNewsNigeria
Nigeria’s Insurance Industry Premium Hits ₦1.56tn in 2024
The Nigerian insurance industry recorded strong financial growth in the 2024 financial year, with gross written premium (GWP) rising by 56 per cent to ₦1.56 trillion, up from ₦1.00 trillion …
- BusinessDevelopmentEventsInsuranceNews
CIIN, Insurance Stakeholders Walk the Streets of Lagos to Begin 2025 Insurance Week
The Chartered Insurance Institute of Nigeria (CIIN), in partnership with key stakeholders in the insurance industry, began the 2025 Insurance Week with a public awareness walk in Lagos on Saturday, …
- Finance & ServicesInfrastructureINVESTMENTMarketsNigeriaSales Strategy
Nigeria’s Pension Fund Assets Rise to N23.65tn
igeria’s total pension fund assets rose to ₦23.65 trillion at the end of April 2025, up from ₦23.33 trillion in March, according to the latest unaudited report by the National …
- DevelopmentEconomyEducationFinance & ServicesInsurance
Nigeria Moves to Close Actuarial Gap Amid Rising
With fewer than 30 qualified actuaries for a population of over 200 million, Nigeria has launched an ambitious national effort to bridge the wide actuarial skills gap threatening the country’s …
- Banking, Finance & InvestmentEconomyFinance & ServicesINVESTMENTMarkets
Nigerian Equities Market Gains N1.43tn on Strong Bank Stock Rally
The Nigerian equities market continued its upward trajectory last week, recording a robust gain of N1.43 trillion on the back of heightened investor interest, especially in the banking sector. Key …
- Banking, Finance & InvestmentEconomyFinance & ServicesINVESTMENTNigeria
Sterling Financial Holdings Grows Profit by 102%, Declares ₦43.68bn
Sterling Financial Holdings Company Plc (SFHC) has posted a remarkable 102% rise in its profit after tax for the 2024 financial year, recording ₦43.68 billion, up from ₦21.58 billion in …