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Business
Recapitalisation: Universal Insurance Meets MCR Statutory Deposit, Pays ₦1.165bn to CBN
BY NKECHI NAECHE-ESEZOBOR—Universal Insurance Plc has reinforced its financial strength and regulatory compliance by successfully meeting a key recapitalisation requirement under the Nigerian...
CBN Approves Weekly $150,000 FX Sales to BDCs to Boost Retail Liquidity
BY NKECHI NAECHE-ESEZOBOR-The Central Bank of Nigeria (CBN), on Tuesday said it has approved the participation of licensed Bureau De Change (BDC) operators...
FG, Ericsson Set To Launch Connect NextGen Innovation Hackathon
The Federal Government of Nigeria, in partnership with Ericsson (NASDAQ: ERIC), is set to launch the ‘Connect NextGen’ Innovation Hackathon in Nigeria, targeted...
NRS Projects Record Revenue, Eyes ₦40.7 Trillion in 2026
The Nigeria Revenue Service (NRS) has set a revenue target of ₦40.7 trillion for 2026, signaling robust growth beyond the Federal Government’s budget...
PenCom Licenses Awabah as Nigeria’s First Accredited Pension Agent
BY NKECHI NAECHE-ESEZOBOR—The National Pension Commission (PenCom) has officially licensed Awabah as Nigeria’s first Accredited Pension Agent (APA) under the Personal Pension Plan...
Universal Insurance Emerges Best Insurance Company Supporting Youth Drug Abuse Prevention in Nigeria
Universal Insurance Plc has once again demonstrated strong leadership in corporate social responsibility, emerging as the Best Insurance Company Supporting Youth Drug and...
Cornerstone Insurance Reports Robust 2025 Performance with 44% Revenue Growth
BY NKECHI NAECHE-ESEZOBOR—Cornerstone Insurance Plc has announced a strong financial performance for the year ended December 31, 2025, recording a 44 per cent...
From Duty to Death: NDLEA Officer Falls in Violent Bonny Island Crackdown
BY NKECHI BAECHE-ESEZOBOR—He went out on duty determined to rid his community of dangerous drugs, but he did not return home. Chief Narcotic...
