Business

4288 Articles
Insurance World

African Alliance Secures Shareholders Nod to Raise N12bn, Eyes Return to Active Trading

BY NKECHI NAECHE-ESEZOBOR—The board  of directors of African Alliance PLC on Wednesday got shareholders nod to raise N12 billion additional capital to shore...

Capital

CBN Cuts Interest Rate to 23%, First Reduction Since July Hold

BY NKECHI NAECHE-ESEZOBOR—Nigeria’s apex bank, the Central Bank of Nigeria (CBN) has announced a cut in its Monetary Policy Rate (MPR) from 26.5%...

Insurance World

General Business to Drive 72% of Mutual Benefits Assurance’s Projected ₦96.82bn GWP

BY NKECHI NAECHE-ESEZOBOR—Nigeria’s lead underwriter, Mutual Benefits Assurance Plc has protected a Gross Written Premium of ₦96.82 billion for the twelve months ending...

Capital

SUNU Assurances Nigeria Boosts Board With Michael Chukwu, Founder of Assetswise Capital

SUNU Assurances Nigeria Plc has announced the appointment of Mr. Michael Uchenna Chukwu as an Independent Non-Executive Director on the Board of the...

Insurance World

Mutual Benefits Assurance Bags ‘A-’ Rating as Agusto & Co. Hails Improved Profitability

BY NKECHI NAECHE-ESEZOBOR—-Agusto & Co. has upgraded the long-term credit rating of Mutual Benefits Assurance Plc from ‘Bbb+’ to ‘A-’, with a stable...

CrimeCustom

How Bauchi Accountant-General Transferred State Funds to PrivateCompany – Witness

Trial of the Accountant-General of Bauchi State, Sirajo Muhammed Jaja continued on Monday, September 21, 2026 at the Federal High Court in Abuja...

Crime

Oyo Police Arrest Suspect Over Kidnap-and-Kill Threat Against Saki Resident

The Oyo State Police Command has arrested a suspect in connection with a kidnap-and-kill threat made against a 50-year-old resident of Seni Salla...

Maritime

Maritime Security: NIMASA Strengthens Intelligence-Led Enforcement

The Nigerian Maritime Administration and Safety Agency, (NIMASA), has undertaken a coordinated maritime enforcement operation, codenamed “Blue-Green,” across key operational areas in Lagos....