Business & Economy

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…

Nigeria’s inflation rate eases marginally to 15.91% in June amid rising food prices

By Nchetachi Chukwuajah Nigeria’s headline inflation rate eased marginally by 0.02 percent from the 15.93…

The Financialization of Nature: Rethinking Wealth in the Age of Sustainability

There are rare moments in history when humanity fundamentally redefines what it considers to be…

The Governance of Business Models in the Age of Ecosystems

By Suleyman A. Ndanusa PhD OON For more than half a century, corporate governance has…

Education, career achievements, other things to know about Emmanuel Nnorom, Elumelu’s UBA successor

By Nchetachi Chukwuajah Following the announcement of the retirement of Tony Elumelu, the Group Chairman…

Check out the 46 microfinance banks whose licences were withdrawn by CBN

By Desire Emmanuel The Central Bank of Nigeria (CBN) on Wednesday, July 1, announced the…

The Akara Economy: Why We Should Not Laugh at Small Beginnings

By Suleyman A Ndanusa PhD OON When Nigeria’s First Lady suggested that one does not…

Building A Nation of Owners: Democratizing Wealth Creation for Shared Prosperity in Nigeria

By Suleyman A. Ndanusa, PhD, OON Nigeria’s development discourse has traditionally been framed around familiar…

SEC Grants Fresh Operational Approvals to Three BGL Group Companies

The Securities and Exchange Commission (SEC) has granted fresh approvals to three companies within the…

Oyedele: Effective Tax System Key to Nigeria’s Development

The Minister of Finance and Coordinating Minister of the Economy, Mr. Taiwo Oyedele, has said…

UBA CEO Urges Internal Auditors to Embrace AI Amid Digital Banking Transformation

The Group Managing Director and Chief Executive Officer of United Bank for Africa (UBA) Plc,…

Local Refining Boosts Petrol Output to 48 Million Litres Daily – FG

The Federal Government has announced a major rise in local petrol production, stating that output…