Business

3538 Articles
Technology

NCC Introduces ₦250,000 Administrative Fee for Telecom Service Testing

BY NKECHI NAECHE-ESEZOBOR—The Nigerian Communications Commission (NCC) has introduced an administrative fee of ₦250,000 for companies seeking Interim Service Authorisation (ISA), a temporary...

Energy

Awodi-07 Success Boosts Confidence in NNPC/Chevron Niger Delta Assets

The Nigerian National Petroleum Company Limited (NNPC Ltd) has hailed the successful completion of the Awodi-07 appraisal and exploration well in the shallow...

Pension

Cornerstone Insurance Strengthens Market Position with Lasaco Annuity Takeover

BY NKECHI NAECHE-ESEZOBOR—Cornerstone Insurance Plc has officially taken over Lasaco Assurance Plc’s annuity business and assured customers of timely annuity payments. Group Managing...

Crime

Lagos Police Recover 25 Stolen Vehicles, Arrest 21 ‘One-Chance’ Suspects

The Lagos State Police Command has recorded significant operational successes between December 2025 and January 2026, arresting multiple suspects, dismantling criminal syndicates, and...

Insurance World

Cornerstone Insurance, Subsidiaries Fully Capitalised, Eyes Acquisition of Weaker Insurers

BY NKECHI NAECHE-ESEZOBOR —Cornerstone Insurance Plc on Monday said it has sufficient capital to meet the July 31 recapitalisation deadline set by the...

Capital

NEM Insurance Forecasts ₦13.16 Billion PBT for Q1 2026

BY NKECHI NAECHE-ESEZOBOR—NEM Insurance Plc has projected a profit before tax of ₦13.16 billion for the first quarter of 2026, signaling continued strong...

Crime

Troops Arrest Alleged Drug Supplier to Boko Haram in Borno

Troops of the Joint Task Force (North East) Operation HADIN KAI (OPHK), on Sunday apprehended a suspected drug supplier allegedly linked to Boko...

Crime

DSS Foils Planned Vessel Hijack, Arrests Two in Yenagoa

BY SUNDAY SAMUEL—Operatives of the Department of State Services (DSS) on Saturday apprehended two individuals suspected to be involved in sea piracy in...