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 …
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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 …
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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 …
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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, …
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AfricaAFRICA NEWSEducationNewsSouth Africa
Free State Police Rescue 19‑Year‑Old Kamogelo Baukudi Kidnapped by Fake Cops
Free State Police have confirmed a major breakthrough in the kidnapping of 19‑year‑old Kamogelo Baukudi from Bloemfontein. The teenager, a Grade 11 student at Martie du Plessis Special School, was …
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AfricaAFRICA NEWSAgricultureBusiness and EconomyEastern AfricaEconomyMarketsNewsTrade and CommerceUGANDA
Uganda’s Coffee Exports Surge in May with Over 790,000 Bags Shipped
Uganda’s coffee exports surged in May 2025, buoyed by a successful main harvest in the Masaka and south-western regions, according to the latest report from the Uganda Coffee Development Authority …
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AfricaAFRICA NEWSBanking, Finance & InvestmentEconomyFinance & ServicesGhanaGOVERNMENTNewsPoliciesWestern Africa
Ghana’s Parliament Approves $2.8 Billion Debt Restructuring Deal
Ghana’s Parliament has approved a $2.8 billion debt restructuring agreement with 25 bilateral creditor nations, a major milestone in the country’s efforts to navigate its deepest economic crisis in decades …
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AfricaAFRICA NEWSBanking, Finance & InvestmentBusiness and EconomyEconomyFinance & ServicesGOVERNMENTMarketsNewsPoliticsSouth Africa
South African Rand Flat After Political Fallout Over Deputy Minister’s Firing
The South African rand showed little movement in early trade on Friday, stabilising after sharp declines on Thursday, as political tensions between President Cyril Ramaphosa and the Democratic Alliance (DA)—his …
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BusinessEconomyFinance & ServicesNewsNigeriaOil & Gas
Oando Reports N113bn Profit in Q1 2025 After Tax Credit and Impairment Reversal
Oando Plc has recorded a profit after tax of ₦113.06 billion in the first quarter of 2025, showing a strong 90.5 percent rise compared to the ₦59.35 billion it posted …
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EconomyFinance & ServicesINVESTMENTMarketsMobile Telecommunications Network (MTN)NewsNigeriaTelecommunications
Investors Smile as MTN Nigeria’s Share Price Jumps, Adding N3 Trillion in Market Value
Investors in MTN Nigeria Communications Plc have recorded massive profits after the company’s share price rose sharply on the Nigerian Exchange (NGX), pushing its market value up by about N3 …