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Business
Senate Approves ₦2.2trn FCT 2026 Budget, Allocates 76% to Capital Projects
BY NKECHI NAECHE-ESEZOBOR—The Senate has approved the 2026 Federal Capital Territory (FCT) budget of ₦2.2 trillion, allocating approximately ₦1.7 trillion, representing 76 per...
Nigeria Police Force Arrests Eight Suspected Kidnappers in Nasarawa Security Operation
The Nigeria Police Force has recorded a major breakthrough in its sustained efforts against kidnapping and violent crimes with the arrest of eight...
Universal Insurance Executes ₦3.2bn Rights Issue Documents Ahead of SEC Approval
BY NKECHI NAECHE-ESEZOBOR—Universal Insurance Plc has formally concluded arrangements for its proposed ₦3.2 billion Rights Issue. At the signing ceremony held in Lagos,...
Former Power Minister Saleh Mamman Convicted Over N33.8bn Money Laundering Case
BY SUNDAY SAMUEL—Justice James Omotosho of the Federal High Court sitting in Abuja on Thursday, May 7, 2026 convicted a former Minister of...
Access Holdings Clarifies Non-Payment of Dividend Amid Strong 2025 Earnings
BY NKECHI NAECHE-ESEZOBOR— Access Holdings Plc on Thursday reaffirmed its commitment to long-term shareholder value following a strong financial performance in 2025, while...
Police Recover Hijacked Truck, Discover Wooden-Fabricated Rifle in Ogun
BY SUNDAY SAMUEL—Detectives of the Ijebu Imushin Division, Ogun State Police Command, have foiled a truck hijacking incident and successfully recovered a stolen...
The Case for Transitioning from the Contributory Pension Scheme to a Hybrid Pension Model under the PRA 2014
BY DR. PIUS APERE –It has become evident that Nigeria’s mandatory Contributory Pension Scheme (CPS) established under the Pension Reform Act (PRA) 2014...
Lasaco Assurance Q1 2026 Profit Jumps to ₦2.36bn on Improved Efficiency
BY NECHI NAECHE-ESEZOBOR—Lasaco Assurance Plc has begun the 2026 financial year on a strong note, reporting a significant rise in profitability for the...
