Shell Nigeria Exploration and Production Company Limited (SNEPCo), a subsidiary of global energy giant Shell, has acquired an additional 12.5 percent stake in Nigeria’s Bonga oil field from TotalEnergies, boosting …
Nigeria, Africa’s largest economy and most populous country, continues to export a large share of its mineral and agricultural resources in raw form despite having the potential to transform its …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
Listed logistics and warehousing company Express Kenya PLC has announced a bold diversification plan through the launch of a massive KSh13 billion mixed-use development project named Project Nexus. The initiative, …
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