Business

4297 Articles
Crime

NDLEA destroys N301bn worth of cocaine, heroin, opioids, others in Lagos

The National Drug Law Enforcement Agency (NDLEA) has publicly destroyed 329,865.585 kilograms of assorted illicit drugs with an estimated street value of Three...

Insurance World

Recapitalisation: Sunday Thomas Backs NAICOM Over Regulatory Guidelines

Former Commissioner for Insurance, Olorundare Sunday Thomas, has thrown his weight behind the National Insurance Commission (NAICOM), dismissing concerns over regulatory guidelines and...

Capital

NGX Trading Volume Surges 127% as Investors Exchange ₦176.06bn in One Week

Trading activity on the nations bourse recorded a sharp increase in the week ended August 14, 2026, as investors exchanged 12.153 billion shares...

Insurance World

emPLE Positions for Strategic Growth After Full Recapitalisation

BY NKECHI NAECHE-ESEZOBOR—emPLE Nigeria has strengthened its capital position following its ability to meet minimum capital requirements set by the National Insurance Commission...

Insurance World

Heirs Insurance Grows GWP to ₦115 Billion FY25, As Revenue Rose to N53.4bn

BY NKECHI NAECHE-ESEZOBOR Heirs Insurance Group has announced the audited financial results of its companies for the year ended December 31, 2025, delivering...

Crime

NDLEA arrests India-bound Businessman with cocaine, recovers N3.6b Colos, codeine in Lagos

BY NKECHI BAECHE-ESEZOBOR—A 48-year-old businessman Nwankwo Innocent Onyebuchi who liquidated all his assets to chase a dream of quick riches in the illicit...

Capital

SEC Freezes Assets of 9 Terrorism Financiers

BY NKECHI BAECHE-ESEZOBOR—The Securities and Exchange Commission (SEC) has directed capital market operators to freeze the funds, assets and other economic resources belonging...

Insurance World

NAICOM Recapitalisation: Universal Insurance Secures ₦7.13B Equity Deal with FPNG, Awaits NAICOM Approval

BY NKECHI NAECHE-ESEZOBOR—Universal Insurance Plc has entered into an investment agreement with FPNG Co-Nvest Limited (FPNG) for an equity capital injection of ₦7.128...