Investors in the Nigerian Exchange Limited (NGX) kicked off the week on a positive note as bullish trading on Monday lifted the market capitalisation by ₦786bn to close at ₦91.9tn, …
The Nigerian Economic Summit Group (NESG) has warned that Nigeria must generate at least 27 million new formal jobs within the next five years or face a surge in unemployment …
The nationwide strike declared by the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) on Monday paralysed operations at critical oil and gas institutions, raising fears of fuel …
The National Pension Commission (PenCom) has announced a fresh increase in the minimum capital requirements for Pension Fund Administrators (PFAs) and Pension Fund Custodians (PFCs), raising the thresholds to N20 …
Prudential Zenith Life Insurance Company Limited has announced that it has exceeded the minimum capital requirement set under the new Nigerian Insurance Industry Reform Act (NIIRA) by N19.3 billion, positioning …
Prestige Assurance Plc has announced a 51 per cent increase in its gross written premium for the 2024 financial year, highlighting its resilience in a challenging operating environment. The company’s …
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria has, for the first time since the Covid-19 pandemic in 2020, reduced the benchmark interest rate, signalling a cautious …
The Managing Director of Rex Insurance, Mrs. Ebelechukwu Nwachukwu, has been recognised as one of Nigeria’s top 25 corporate leaders of the year. The recognition came at the 2025 edition …
Oil-producing communities in the Niger Delta are taking fresh steps to ensure they harness the benefits of the Petroleum Industry Act (PIA) for rapid and sustainable development. Stakeholders from across …
Nigeria’s Dangote Oil Refinery has laid off some of its workers, raising concerns about stability at Africa’s largest private refinery project. A copy of a letter from the company, sighted …