Business

3768 Articles
Industry

Manufacturers Press For Interest Rate Cut After MPC Retains 27% Benchmark

Following  the high cost of borrowing continues to hinder production and weaken competitiveness in the real sector,the Manufacturers Association of Nigeria (MAN) on...

Health

UNAID Says Nigeria Records 55% Drop In Condom Distribution

The Joint United Nations Programme on HIV/AIDS on Tuesday disclosed that condom distribution in Nigeria fell by 55 per cent over the past...

Insurance World

NAICOM Urges Insurers To Build Capacity Beyond Capital At Continental Re CEOs Roundtable

BY NKECHI NAECHE-ESEZOBOR—The National Insurance Commission, (NAICOM), has called on industry leaders to look beyond the ongoing recapitalization exercise and embrace a big...

Crime

NDLEA Busts Illicit Drug Warehouse, Recovers N6.7 billion Opioids, Arrests 6

Operatives of the National Drug Law Enforcement Agency (NDLEA), have  dismantled opioids cartel in an intelligence-led operation.’ The agency disclosed this in a...

Insurance World

Sovereign Trust Gets Board Approval To Raise N5bn Through Right Issue

BY NKECHI NAECHE-ESEZOBOR—The board of Sovereign Trust Insurance Plc has approved an initial capital raise of N5 billion through a Rights Issue. This...

Fraud

Court Suspends Obiano’s N4bn Money-laundering Trial Indefinitely

The Federal High Court in Abuja presided over by Justice Mohammed Umar on Tuesday has indefinitely adjourned the trial of former Anambra State...

Money

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...

Energy

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...