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Sovereign Trust Insurance PLC Set for N5bn Capital Injection Following Board Approval
BY NKECHI NAECHE-ESEZOBOR—Board of Directors of Sovereign Trust has approved an initial capital raise of N5 billion through a Rights Issue. This according...
‘No Excuses’: Tunji-Ojo Confronts Fire Officer Over Faulty Fire Trucks
The Minister of Interior, Olubunmi Tunji-Ojo, on Thursday engaged in a heated exchange with a Fire Service officer during an unscheduled inspection of...
Tinubu Approves Members For Nigeria-US Security Group
BY NKECHI NAECHE- ESEZOBOR—President Bola Tinubu on Thursday approved the constitution of the Nigerian side of the US-Nigeria Joint Working Group as part...
Cut Down NASS Operations To Increase Funding For Security, Ndume Tells FG
Speaking on Channels Television’s Politics Today on Thursday, Ndume suggested that lawmakers could meet less frequently, such as on a quarterly basis, with...
Senate Approves Omidiran As Chairman, 37 others as commissioners of FCC+ Full List
Hon. Ayo Hulayat Omidiran on Thursday confirmed as the Executive Chairman of the Federal Character Commission (FCC) by the Nigerian Senate. Aside, Omidiran...
Terrorism Act Passes First Reading In Senate
The Terrorism (Prevention and Prohibition) Bill Act passed first reading in the Nigerian Senate during a plenary session on Thursday. The bill sponsored...
Senate Sets Up Committee To Investigate Implementation Of Safe School Initiative
The Nigerian Senate on Thursday set up an 18-member ad hoc committee to investigate the implementation of the Safe School Initiative, appointing Senator...
Sovereign Trust Insurance PLC Set for N5bn Capital Injection Following Board Approval
Sovereign Trust Insurance Announces Exit Of Three Directors
EFCC Trains Officers On Insurance Fraud Investigation
Continental Re’s CEO Roundtable Gets NAICOM Backing As Industry Pushes For Stronger Capital Base
Nigeria’s Underserved Gain Boost As AIICO Insurance Launches All-in-One Financial Protection Plan
NNPC/Heirs Energies Drives Domestic Gas Growth with 135m Per Day Production Increase
In what is considered as a breakthrough in Nigerian oil sector, The NNPC/Heirs Energies OML 17 Joint Venture (JV) disclosed that it has...
Dangote Selects U.S. Honeywell For Refining Expansion
Dangote Petroleum Refinery on Tuesday announced that it has picked US-based Honeywell as its strategic partner to support its plan to double capacity...
NNPCL Declares ₦5.4 Trillion Profit After Tax
BY NKECHI NAECHE-ESEZOBOR— NNPC Limited has released its financial statement for the full year ended 2024, reporting a Profit After Tax of ₦5.4...
NNPC/Seplat JV Commissions, Hands Over Power System/Underground Cabling Project to NCDMB
The NNPC/Seplat Joint Venture commissioned and formally handed over a fully integrated Power System and Underground Cabling Project to the Nigerian Content Development...
Dangote Refinery Denies15% Tariff Policy Suspension Influence Price Drop
Dangote Petroleum Refinery on Monday categorically denied the claims that the recent fall in petrol pump prices was triggered by the Federal Government’s...
Seplat Energy Takes Media Workshop to Imo State, Empowers 25 Journalists
Seplat Energy Plc, leading Nigeria indigenous energy company, has continued its tradition of empowering the media with knowledge and tools for professional growth...
VFG Group Extends Rights Issue To 26 December 2025
NKECHI NAECHE-ESEZOBOR—VFD Group PLC has announced that the Securities and Exchange Commission (SEC) has approved an extension of its ongoing ₦50,673,964,000.00 Rights Issue....
Edun Reassures Investors, Vows Fair Capital Gains Tax Policy As NGX Lists MREIF
Nigerian Exchange (NGX) today hosted the Minister of Finance and Coordinating Minister for the Economy, Mr. Wale Edun, at the Closing Gong Ceremony...
NGX Rallies 8% in October as Earnings, Policy Reforms Fuel Confidence
BY NKECHI NAECHE-ESEZOBOR—Nigerian Exchange Limited (NGX) closed October 2025 on a bullish note, gaining 8 per cent and extending the upward momentum that...
AICIF 2025: Nigeria’s Non-interest Capital Market Now Worth N1.6trn – SEC DG
BY NKECHI NAECHE-ESEZOBOR—The Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has disclosed that Nigeria’s non-interest capital market has grown...
Wike Advances Rural Policing With Six New FCT Police Stations
To curb kidnappings, killings, and other vices in the Federal Capital Territory, Minister of the FCT Nyesom Wike is expanding policing by erecting...
NGX Group Declares ₦1.00 Interim Dividend, Sustains Track Record of Shareholder Value Creation
Nigerian Exchange Group Plc (NGX Group or the Group) has announced the declaration of an interim dividend of ₦1.00 per ordinary share of...
First HoldCo Plc Concludes Sale Of 100% Stake In FBNQuest Merchant Bank to EverQuest
BY NKECHI NAECHE-ESEZOBOR—First HoldCo Plc at the weekend said it has successfully completed the full divestment of its 100% ownership in FBNQuest Merchant...
Delta Gov Presents N1.664trn Budget To Assembly
Delta State Governor, Sheriff Oborevwori, on Wednesday announced a budget proposal of N1.664 trillion for its services in the 2026 fiscal year. The...
Nigeria Records N2.06trn VAT In Q2 2025 — NBS
The National Bureau of Statistics, on Tuesday said Nigeria’s aggregate Value Added Tax for Q2 2025 was N2.06 trillion. This was contained in...
‘No Excuses’: Tunji-Ojo Confronts Fire Officer Over Faulty Fire Trucks
The Minister of Interior, Olubunmi Tunji-Ojo, on Thursday engaged in a heated exchange with a Fire Service officer during an unscheduled inspection of...
Tinubu Approves Members For Nigeria-US Security Group
BY NKECHI NAECHE- ESEZOBOR—President Bola Tinubu on Thursday approved the constitution of the Nigerian side of the US-Nigeria Joint Working Group as part...
Cut Down NASS Operations To Increase Funding For Security, Ndume Tells FG
Speaking on Channels Television’s Politics Today on Thursday, Ndume suggested that lawmakers could meet less frequently, such as on a quarterly basis, with...
Senate Approves Omidiran As Chairman, 37 others as commissioners of FCC+ Full List
Hon. Ayo Hulayat Omidiran on Thursday confirmed as the Executive Chairman of the Federal Character Commission (FCC) by the Nigerian Senate. Aside, Omidiran...
Terrorism Act Passes First Reading In Senate
The Terrorism (Prevention and Prohibition) Bill Act passed first reading in the Nigerian Senate during a plenary session on Thursday. The bill sponsored...
Senate Sets Up Committee To Investigate Implementation Of Safe School Initiative
The Nigerian Senate on Thursday set up an 18-member ad hoc committee to investigate the implementation of the Safe School Initiative, appointing Senator...
IGP Confirms withdrawal of Police officers from VIPs
The Inspector-General of Police, Olukayode Egbetokun on Thursday confirmed the removal of Police officers assigned to Very Important Personalities across the country. Egbetokun,...