Business & Economy

Consolidated Hallmark Insurance gets A+ rating after underwriting turnaround

By Olusegun Obisanya Consolidated Hallmark Insurance Limited has secured an upgraded A+(NG) financial strength rating…

Nigerians in anxious waiting as Dangote Refinery IPO opens on Monday at N525 per share

Nigerians, especially investors, are anxiously waiting for the Dangote Refinery's Initial Public Offer (IPO) which…

Selling pressure rocks stock market ahead of Dangote Refinery’s Sept 14 IPO

A wave of selling selling pressure swept through the Nigerian Stock Exchange on Wednesday, September…

From Public Money to Public Value: A Fiscal Governance Compact for What Government Finances, Measures and Ultimately Delivers

By Suleyman A. Ndanusa, PhD, OON Public borrowing is usually defended with one reassuring adjective…

Our refinery shares will be listed on the Nigerian stock market in the next 12 days, says Dangote

By Desire Emmanuel with Agency Reports The initial public offer of Dangote Refinery, the largest…

We won’t sell petrol to major marketers that have valid import licences, says Dangote Refinery

Dangote Petroleum Refinery has said it plans to stop selling Premium Motor Spirit (PMS), popularly…

Heirs Insurance Celebrates Retirees, Launches Rewards Programme

By Olusegun Obisanya Heirs Insurance Group has reaffirmed its commitment to improving the wellbeing of…

DANI RODRIK’S POLITICAL TRILEMMA: Nigeria, Globalisation and the Three Chairs

By Suleyman A. Ndanusa  PhD OON Economists have a remarkable gift for giving complicated names…

FICAN Conference to Examine Banking Recapitalisation, Tax Reforms, Fintech Revolution

By Olusegun Obisanya Nigeria’s financial sector stakeholders, including policymakers, regulators, banking executives, fintech innovators, economists…

FG, states, LGs share N3 trillion July FAAC revenue as statutory income increases by N658 billion

By Nchetachi Chukwuajah The Federal Government, the 36 states, and the 774 Local Government Councils…

Heirs Insurance Group’s premium income hits N115bn, claims payout rises 87%

By Olusegun Obisanya Heirs Insurance Group has recorded a combined Gross Written Premium of N115bn…

Heirs Life appoints Pastor Jerry Eze as independent director

By Olusegun Obisanya Heirs Life Assurance, the specialist life insurance company of Heirs Insurance Group,…

Heirs Insurance clears NAICOM recapitalisation hurdle, eyes bigger risks

By Olusegun Obisanya Heirs Insurance Group has met the National Insurance Commission's recapitalisation requirements, positioning…

BUA Foods grows H1 profit by 12% to ₦292.3bn despite revenue decline

By Olusegun Obisanya BUA Foods Plc has reported a 12 per cent increase in its…

Consolidated Hallmark Insurance Meets NAICOM Recapitalisation Requirement

By Olusegun Obisanya Consolidated Hallmark Insurance Limited has announced that it has successfully met the…

Nigerians spend ₦1.7 trillion on MTN data, ₦897 billion on voice calls in six months

Nigerians have between January and June this year spent the sum of N1.7 trillion on…

FCMB Group Delivers Record 142% Profit Growth, Analysts Hail Strategic Turning Point

By Olusegun Obisanya FCMB Group Plc has recorded one of the strongest financial performances in…

No going back on July 31 recapitalisation deadline, NAICOM boss tells insurance companies

The Chief Executive Officer of the National Insurance Commission (NAICOM), Mr Olusegun Omosehin, has told…

Dangote Refinery raises $2.5 billion in private placement, set to sell shares to Nigerians at stock market

Dangote Petroleum Refinery has raised $2.5 billion through a private placement as it ‌seeks to…