Regency Alliance Insurance Plc has reported a sharp increase in claims payment, rising by 242.59 per cent to N3.14 billion in the first half of 2025. The figure, contained in …
BusinessCorporate EarningsEconomyFinanceInsuranceNigeria
Category:
Economy
- BusinessEconomyFinanceGovernanceHealthInsurance
NAICOM Raises Alarm Over $2bn Annual Capital Flight in Health Insurance
The National Insurance Commission (NAICOM) has revealed that Nigeria is losing about $2 billion every year to capital flight as multinational companies provide health insurance for their employees through foreign …
- BusinessCorporate NewsEconomyFinanceInsuranceTechnology
Atiat Limited Opens New Lagos Headquarters, Launches Strategic Vision Atiat 3.0
Atiat Limited, a company known for leadership in automotive leasing and finance, has opened its new head office on Victoria Island, Lagos, as part of its plan to expand into …
- ClimateEconomyEnergyGhanaLeadershipOil & GasRegional Cooperation
GNPC Boss Kwame Ntow Amoah Becomes APPO Chairman
Mr Kwame Ntow Amoah, Chief Executive Officer of the Ghana National Petroleum Corporation (GNPC), has pledged to strengthen cooperation among Africa’s oil-producing nations after assuming the role of Chairman of …
- DevelopmentEconomyGhanaGovernment PolicyInfrastructureMaritime
Ghana to Begin Feasibility Studies for Coastal Water Transport System
The Government of Ghana will soon begin feasibility studies for the development of a Coastal Water Transport System as part of plans to complement the country’s road transport network. The …
- BankingBusinessEconomyFinanceGovernanceWestern Africa
Bank of Ghana Cuts Policy Rate to 21.5% as Inflation Pressures Ease
The Monetary Policy Committee (MPC) of the Bank of Ghana has announced a major cut in the benchmark policy rate, slashing it by 350 basis points (3.5 per cent) from …
- DevelopmentEconomyGovernanceHealthInternationalNigeria
WHO Commends Nigeria and Other Nations for Reducing Non-Communicable Disease Deaths
The World Health Organisation (WHO) has praised Nigeria alongside China, Egypt, Russia, Brazil, and Denmark for making significant progress in reducing deaths caused by non-communicable diseases (NCDs). The recognition came …
- BusinessEconomyEnergyOil & Gas
NCDMB Urges WAV, Other Indigenous Firms to Explore Deepwater Oil and Gas Opportunities
The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Mr. Felix Ogbe, has called on leading Nigerian oil and gas service providers to direct more of their …
- BusinessEconomyFinanceInsurancePoliciesRegulation
Experts Say NIIRA 2025 Will Boost Insurance Sector’s GDP Contribution
Industry experts have projected that the Nigerian Insurance Industry Reform Act 2025 (NIIRA) will boost the insurance sector’s contribution to the Gross Domestic Product and restore confidence in the industry. …
- BankingBusinessCapital MarketCorporate EarningsEconomyFinance
UBA Half-Year Profit Rises to N335bn Despite Drop in Pre-Tax Earnings
United Bank for Africa Plc (UBA) has announced its financial performance for the first half of 2025, showing a profit after tax of N335.53bn. This represents a 6.06 per cent …