Pelican Valley Nigeria Limited has inaugurated a new modern site office at Pelican Brief Estate in the Kobape area of Ogun State, in what the company described as a milestone …
Economy
- BusinessEconomyHousingInfrastructureNigeriaReal Estate
- EconomyGovernment PolicyNigeriaOil & GasTrade
Nigeria Loses N3.18tn in Crude Oil Export Earnings Despite Higher Output
Nigeria’s crude oil export earnings dropped sharply by N3.18 trillion in the first half of 2025 despite a rise in production levels, new data from the National Bureau of Statistics …
- BusinessEconomyGovernanceOil & GasRegulationSafety
NUPRC Revokes Oritsemeyin Rig Licence Over Safety Breach
An oil and gas industry consultant, Dr. Maurice Ibe, has said the revocation of the operating licence of the Oritsemeyin Rig is a clear warning to upstream operators in Nigeria …
- BusinessEconomyGovernanceInsuranceLagos NewsPension
Insurance and Pension Stakeholders Back NAIPE’s 10th Annual Conference in Lagos
Stakeholders in Nigeria’s insurance and pension industries have declared strong support for the 10th annual conference of the Nigerian Association of Insurance and Pension Editors (NAIPE), scheduled to take place …
- BusinessEconomyGovernanceInsuranceLaw
Nigerian Insurance Industry Eyes Major Transformation with New Reform Act
The President of the Chartered Insurance Institute of Nigeria (CIIN), Mrs. Yetunde Ilori, has said that the Nigerian insurance industry is entering a new era of growth and stability following …
- Corporate Social Responsibility,EconomyEnvironmentInsuranceLagos NewsSustainability
AIICO Insurance Launches Recycling Project to Promote Sustainability
AIICO Insurance Plc has introduced a new initiative aimed at tackling non-biodegradable waste, promoting responsible consumption, and creating a workplace culture that embraces sustainability. The project, tagged Recycling at AIICO …
- EconomyGovernanceHousingLagos NewsUrban Development
Lagos State Reduces Minimum Land Size for Estate Development to 5,000sqm
The Lagos State Government has announced a major policy shift in its housing and urban planning regulation by reducing the minimum land size requirement for estate development from 10,000 square …
- BankingEconomyINVESTMENTManufacturing & Consumer GoodsOil & GasStock Market
Nigerian Stock Market Rebounds with N986bn Gain as Investors Regain Confidence
The Nigerian stock market recorded a strong rebound last week as investors’ portfolio value rose by more than N986 billion within five trading sessions. The development marked the end of …
- BankingEconomyRegional IntegrationTradeTransportation & Logisitics
Afreximbank Launches ATDC With $1bn Backing to Boost Intra-African Trade
The African Export-Import Bank (Afreximbank) has launched the African Trade and Distribution Company (ATDC) as part of fresh efforts to grow trade in raw materials, minerals and value-added goods across …
- BankingBusinessDevelopmentEconomyFinancePolicies
Nigeria Needs 21.9% Annual Growth to Achieve $1 Trillion Economy by 2031 – Afrinvest Report
Nigeria will require a minimum annual growth rate of 21.9 percent at an exchange rate of N1,500 per dollar, or a stronger exchange rate with slower growth, to reach a …