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Nigeria Targets $21 Billion Investment in Landmark Bonga Southwest Deal
BYAGENCY REPORTERS —The Nigerian National Petroleum Company Limited (NNPC Ltd), and the OML 118 Contractor Parties — Shell Nigeria Exploration and Production Company...
Sanwo-Olu, Lai Mohammed, Daniel to Headline 7th Freedom Online Lecture
Lagos State Governor, Babajide Sanwo-Olu, former Information and Culture Minister Alhaji Lai Mohammed, and former Ogun State Governor Senator Gbenga Daniel are set...
President Tinubu Renews the Tenure of DG NTA, MD NAN
President Bola Ahmed Tinubu has renewed the tenure of the Director-General of the NigerianTelevision Authority (NTA) and the Managing Director of the News...
Tinubu Appoints Abel Olumuyiwa Enitan as Head of Civil Service
President Bola Ahmed Tinubu has appointed Mr Abel Olumuyiwa Enitan as the Head of the Civil Service of the Federation, effective August 27,...
SEC Sets 5:00 p.m. T+1 Settlement Deadline for Equities and Commodities
BY NKECHI NAEVHE-ESEZOBOR—The Securities and Exchange Commission (SEC) has officially established 5:00 p.m. on the first business day following a transaction (T+1) as...
NIIRA 2025: NAICOM Clears Final Seven Firms
BY NKECHI NAECHE-ESEZOBOR—The National insurance Commission (NAICOM) on Thursday clear seven additional companies that have successfully met the minimum capital requirements as stipulated...
President Tinubu Approves Landmark Deep Offshore Reform To Unlock $50 Billion Investment
President Bola Ahmed Tinubu, GCFR, has approved a landmark reform that replaces project-by-project negotiations with a transparent investment framework designed to unlock up...
Mutual Benefits Rewards Shareholders with ₦803m Dividend as Revenue Hits ₦80 Billion
L-R: Managing Director/CEO, Mutual Benefits Life Assurance Ltd., Biyi Ashiru-Mobolaji; Managing Director/CEO, Mutual Benefits Assurance Plc, Olufemi Asenuga; Non-Executive Director, Adesoye Olatunji; Company...
Insurance Meets Tech 5.0 Shifted to November 20 to Preserve Event Standards
Alliance & General Insurance Positions for Expansion Following Successful Recapitalization
AIICO Insurance Denies False Allegations, Sues Obinna Nwosu Over Defamation
NIIRA 2025: NAICOM Issues Licences to Additional Insurance Companies
AXA Mansard Honored with LUTH Community Hero Award for Voluntary Blood Donations
Nigeria Targets $21 Billion Investment in Landmark Bonga Southwest Deal
BYAGENCY REPORTERS —The Nigerian National Petroleum Company Limited (NNPC Ltd), and the OML 118 Contractor Parties — Shell Nigeria Exploration and Production Company...
NNPC Limited Profits Surge 15.8% to ₦535bn in June as Federal Remittances Hit ₦6.2 Trillion
BY NKECHI NAECHE-ESZOBOR—NNPC Limited recorded a ₦535 billion profit after tax for June 2026—a 15.8% increase from the ₦462 billion reported in May—driven...
Sanwo-Olu Sets Fresh Agenda to End Blackouts, as Lagos Targets 3,500MW Power Supply
The Governor of Lagos State, Mr. Babajide Sanwo-Olu, has reaffirmed his administration’s commitment to ending the persistent blackout and aim for a twenty...
Shell reinforces safety commitment at CEO Contractors Forum
Shell has hosted chief executives of contracting companies in Lagos highlighting the need to sustain safe operations across its businesses in Nigeria. The...
Seplat CEO Charges Independent Operators On Asset Integrity And Cost Optimization
Independent oil and gas producers in Nigeria must prioritize asset integrity, address operational obsolescence, and systematically extend facility life spans to maximize asset...
Seplat Energy Records 498% Profit Surge to $164m, Declares 12 Cents Dividend for H1 2026
BY NKECHI NAECHE-ESEZOBOR—Seplat Energy Plc, a leading Nigerian independent energy producer listed on both the Nigerian Exchange and London Stock Exchange, has delivered...
Coronation Asset Management Highlights Stronger Savings Base Behind H2 2026 Market Resilience
Nigeria’s capital market is entering the second half of 2026 from a position of significantly stronger domestic participation, improved macroeconomic stability and renewed...
CSCS Operating Income Jumps 92% to ₦18.51billion
BY NKECHI NAECHE-ESEZOBOR—Central Securities Clearing System (CSCS) Plc has released its financial performance for the first half ended 30 June 2026, with total...
SEC Launches Nationwide Campaign to Return Unclaimed Dividends to Investors
The Securities and Exchange Commission (SEC) has commenced a nationwide enlightenment campaign to help Nigerians recover unclaimed dividends and other monies arising from...
Nigerian Stock Market to Rebound in H2 2026 Despite Economic, Political Risks – Expert
BY NKECHI NAECHE-ESEZOBOR—Nigeria’s stock market is expected to record a mild recovery in the second half of 2026, driven by stronger corporate earnings,...
Expert Sees Equities Recovering as Reforms Strengthen Investor Confidence
Nigeria’s equities market is expected to record a gradual recovery in the second half of 2026 as improving corporate performance and ongoing economic...
SEC Commits to Evidence-Based Regulation, Invites Academic Partnership
BY NKECHI NAECHE-ESEZOBOR—The Director-General of the Securities and Exchange Commission, Emomotimi Agama, has reaffirmed the Commission’s commitment to evidence-based regulation, urging closer collaboration...
CBN Opens Applications for Second Cohort of Regulatory Sandbox Programme
The Central Bank of Nigeria has announced the commencement of the second cohort of its Regulatory Sandbox Programme, with a new dual-track structure...
UBA Announces Tony Elumelu’s Retirement, Appoints Emmanuel Nnorom as Group Chairman
United Bank for Africa Plc has announced that Mr. Tony Elumelu, Group Chairman of UBA, will retire from the Board of Directors of...
CBN Revokes Licences of 46 Microfinance Banks
BY NKECHI NAECHE-ESEZOBOR—The Central Bank of Nigeria (CBN) has revoked the operating licences of 46 microfinance banks with effect from July 1, 2026,...
Sanwo-Olu, Lai Mohammed, Daniel to Headline 7th Freedom Online Lecture
Lagos State Governor, Babajide Sanwo-Olu, former Information and Culture Minister Alhaji Lai Mohammed, and former Ogun State Governor Senator Gbenga Daniel are set...
President Tinubu Renews the Tenure of DG NTA, MD NAN
President Bola Ahmed Tinubu has renewed the tenure of the Director-General of the NigerianTelevision Authority (NTA) and the Managing Director of the News...
Tinubu Appoints Abel Olumuyiwa Enitan as Head of Civil Service
President Bola Ahmed Tinubu has appointed Mr Abel Olumuyiwa Enitan as the Head of the Civil Service of the Federation, effective August 27,...
SEC Sets 5:00 p.m. T+1 Settlement Deadline for Equities and Commodities
BY NKECHI NAEVHE-ESEZOBOR—The Securities and Exchange Commission (SEC) has officially established 5:00 p.m. on the first business day following a transaction (T+1) as...
NIIRA 2025: NAICOM Clears Final Seven Firms
BY NKECHI NAECHE-ESEZOBOR—The National insurance Commission (NAICOM) on Thursday clear seven additional companies that have successfully met the minimum capital requirements as stipulated...
President Tinubu Approves Landmark Deep Offshore Reform To Unlock $50 Billion Investment
President Bola Ahmed Tinubu, GCFR, has approved a landmark reform that replaces project-by-project negotiations with a transparent investment framework designed to unlock up...
Mutual Benefits Rewards Shareholders with ₦803m Dividend as Revenue Hits ₦80 Billion
L-R: Managing Director/CEO, Mutual Benefits Life Assurance Ltd., Biyi Ashiru-Mobolaji; Managing Director/CEO, Mutual Benefits Assurance Plc, Olufemi Asenuga; Non-Executive Director, Adesoye Olatunji; Company...
NRS Chairman Adedeji Denies $279m Frontier Fund Fraud Allegation
BY NKECHI NAECHE-ESEZOBOR--The Executive Chairman of the Nigeria Revenue Service (NRS), Zacch Adedeji, has debunked report connecting the agency to the alledged illegal...
