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Mutual Benefits Assurance Clarifies NGX Sanction, Affirms Full Compliance
BY NKECHI NAECHE-ESEZOBOR—Mutual Benefits Assurance Plc has moved to reassure stakeholders following recent media reports referencing a sanction previously imposed by Nigerian Exchange...
APC Holds State Congress, Returns Ojelabi as Chairman
All Progressives Congress (APC) in Lagos State has returned Hon. Cornelius Ojelabi as chairman for another term. The party re-elected Ojelabi on consensus...
FG Halts NNPC’s 60% Deductions from Profit Oil Under PSCs
The Federal Government on Monday stopped the Nigerian National Petroleum Company (NNPC) Limited’s 60 per cent deductions from profit oil under Production Sharing...
Nigeria Police Council Clears Disu As IGP
The Nigeria Police Council on Monday unanimously ratified the appointment of Olatunji Rilwan Disu as the Inspector-General of Police, paving the way for...
Sanwo-Olu Pledges Deeper Collaboration with Chartered Institute of Directors Nigeria
The Governor of Lagos State, Mr. Babajide Sanwo-Olu, has reaffirmed his administration’s commitment to strengthening corporate governance and leadership capacity through deeper collaboration...
Tinubu Reappoints Audi for Second Five-Year Term as NSCDC Boss
President Bola Ahmed Tinubu has reappointed Dr Ahmed Abubakar Audi as the Commandant-General of the Nigeria Security & Civil Defence Corps (NSCDC) for...
INEC Revises 2027 General Election Timetable, Moves Presidential Poll to January
The Independent National Electoral Commission (INEC) has released a Revised Timetable and Schedule of Activities for the 2027 General Election, following adjustments introduced...
Media Office Clarifies: Police Action Against Mrs. Ohiri Was Lawful, Not Ministerial Vendetta
The Media Office of the Honourable Minister of Works, Senator Engr. David Umahi, CON has taken note of a video currently being circulated...
SanlamAllianz Nigeria Reports ₦77bn Claims Payout, 33% Premium Growth in 2025
BusinessToday Conference to Host 300+ Participants, Unveils Speakers
Insurance Bonds to Play Key Role as NAICOM, BPP Seal Strategic MoU
Consolidated Hallmark Holdings Rolls Out #IfYouLoveItInsureIt with Lagos Fuel Giveaway
NAICOM approves Ademoye Shobo as Managing Director/CEO of Lasaco Assurance Plc
Seplat Energy Revenue Jumps 144% to $2.7bn on Offshore Boost, Dividend Up by 52% in 2025
Seplat Energy PLC has reported a 144 per cent surge in revenue to $2.7 billion for the year ended December 31, 2025, driven...
Fuel Imports Set to End as Dangote Refinery Ramps Up Local Supply
Nigeria’s decades-long dependence on imported petrol is set to wind down as the Dangote Petroleum Refinery & Petrochemicals scales up production to meet...
FG Approves ₦2.8 Trillion Subsidy Debt to Power Generation Companies
President Bola Ahmed Tinubu has approved ₦2.8 trillion as the Federal Government’s verified electricity subsidy debt owed to power generation companies (GenCos), following...
NNPC Grows Profit to ₦5.76trn, Records ₦60.5trn Revenue
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has announced 6.67% growth in Profit After Tax (PAT) in the 2025 financial year to...
Renaissance Africa Clinches Energy Deal of the Year Award for $2.4bn Shell Asset Acquisition
Renaissance Africa Energy Company was on Tuesday night named the winner of the Energy Deal of the Year for 2025 at the Awards...
NBS Reports Decline in Cooking Gas Prices
The National Bureau of Statistics (NBS) says the average cost of a 5kg cooking gas cylinder fell slightly in December 2025. In its...
Mutual Benefits Assurance Clarifies NGX Sanction, Affirms Full Compliance
BY NKECHI NAECHE-ESEZOBOR—Mutual Benefits Assurance Plc has moved to reassure stakeholders following recent media reports referencing a sanction previously imposed by Nigerian Exchange...
Veritas Kapital Projects ₦614.1m Profit in Q1 2026, Eyes Insurance Revenue of ₦6.01bn
BY KECHI NAECHE-ESEZOBOR—Veritas Kapital Assurance Plc has released its earnings forecast for the first quarter ended March 31, 2026, projecting solid profitability driven...
Standard Bank Closes USD 250 Million Strategic Financing for Aradel Energy
Stanbic IBTC Capital Limited, Stanbic IBTC Bank Limited, and The Standard Bank of South Africa Limited (together, “Standard Bank”) have successfully achieved financial...
NEM Insurance Forecasts ₦13.16 Billion PBT for Q1 2026
BY NKECHI NAECHE-ESEZOBOR—NEM Insurance Plc has projected a profit before tax of ₦13.16 billion for the first quarter of 2026, signaling continued strong...
Seplat Appoints Tony Elumelu as Non-Executive Director
BY NKECHI NAECHE-ESEZOBOR—Following the Company’s prior announcement regarding the sale of Etablissements Maurel et Prom SA (“M&P”) 20.07% shareholding in Seplat to a...
Ardova Plc Achieves ISO 27001 Certification, Reinforcing Commitment to Information Security
Ardova Plc, one of Nigeria’s leading integrated energy companies, has been awarded the prestigious ISO 27001:2022 Certification, the world’s leading standard for information...
Nigeria’s Net Foreign Reserves Surge to $34.8billion – CBN
Nigeria’s net foreign reserves surged to $34.8 billion at the end of 2025, marking a substantial improvement in the country’s external buffers, the...
MPC Reduces MPR by 50bps to 26.50%
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) at today’s policy meeting, voted to: Reduce the MPR by 50bps...
Cardoso: 20 Banks Meet CBN Capital Requirement as ₦4.05trn Recapitalisation Gains Momentum
BY NKECHI NAECHE-ESEZOBOR—Central Bank of Nigeria Governor, Mr. Olayemi Cardoso, has disclosed that a total of ₦4.05 trillion has been verified and approved...
APC Holds State Congress, Returns Ojelabi as Chairman
All Progressives Congress (APC) in Lagos State has returned Hon. Cornelius Ojelabi as chairman for another term. The party re-elected Ojelabi on consensus...
FG Halts NNPC’s 60% Deductions from Profit Oil Under PSCs
The Federal Government on Monday stopped the Nigerian National Petroleum Company (NNPC) Limited’s 60 per cent deductions from profit oil under Production Sharing...
Nigeria Police Council Clears Disu As IGP
The Nigeria Police Council on Monday unanimously ratified the appointment of Olatunji Rilwan Disu as the Inspector-General of Police, paving the way for...
Sanwo-Olu Pledges Deeper Collaboration with Chartered Institute of Directors Nigeria
The Governor of Lagos State, Mr. Babajide Sanwo-Olu, has reaffirmed his administration’s commitment to strengthening corporate governance and leadership capacity through deeper collaboration...
Tinubu Reappoints Audi for Second Five-Year Term as NSCDC Boss
President Bola Ahmed Tinubu has reappointed Dr Ahmed Abubakar Audi as the Commandant-General of the Nigeria Security & Civil Defence Corps (NSCDC) for...
INEC Revises 2027 General Election Timetable, Moves Presidential Poll to January
The Independent National Electoral Commission (INEC) has released a Revised Timetable and Schedule of Activities for the 2027 General Election, following adjustments introduced...
Media Office Clarifies: Police Action Against Mrs. Ohiri Was Lawful, Not Ministerial Vendetta
The Media Office of the Honourable Minister of Works, Senator Engr. David Umahi, CON has taken note of a video currently being circulated...
APC Condemns ADC’s ‘Baseless’ Claims, Calls Party Disorganized and Self-Destructive
The All Progressives Congress (APC) has dismissed recent allegations by the African Democratic Congress (ADC) over the reported Edo State shooting, describing the...
