Business

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Insurance World

Agusto & Co. Assigns Cornerstone Insurance Plc An “A-” Rating With Stable Outlook

BY NKECHI NAECHE-ESEZOBOR—Agusto & Co. Limited, Nigeria’s foremost credit rating agency, has assigned Cornerstone Insurance Plc, a  national scale financial strength rating of...

Energy

FG Stops Implementation Of Planned 15% Import Duty On Diesel, Petrol

The Federal Government, through the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), on Thursday announced that it is no longer considering implementing...

Fraud

Three Nigerians In Kenya Police Net Over Alleged cyber-fraud, illegal Stay

Three Nigerians – Peter Chukwujekwu, Alazor Chukulute Sunday, and Nnalue Chiagozie Samwel, have been arrested by police authorities in Kenya for allegedly residing...

Crime

NSCDC Arrests 20 Suspects Over kidnapping, Robbery, Others Nationwide

As part of ongoing operations to clamp down on criminal activities across the country, operatives of the Nigeria Security and Civil Defence Corps...

Capital

Norrenberger Buys Into NASD, Takes Over GTI’s 4.35% Equity Stake For N1.305bn

BY NKECHI NAECHE-ESEZOBOR—In a transaction that will reverberate across Nigeria’s capital markets, Norrenberger Securities Limited has acquired a strategic 4.35% stake in NASD...

Energy

Prosperous Nigeria Dependent On Affordable, Reliable, Accessible Energy – Seplat

Seplat Energy PLC, leading Nigerian independent energy Company listed on both the Nigerian Exchange and the London Stock Exchange, says in the quest to build a...

Crime

Police Refute Alleged Plot to Release Expatriate Held in Child Abuse Case

The Lagos State Police Command has refuted  reports that it was involved in the attempted plan to release a Lebanese National, who is...