Insurance World

NEM Insurance declares N7.52bn dividend as shareholders applaud strong 2025 performance

From left:  Idowu Semowo, Executive Director, Finance and Investment, NEM Insurance Plc; Ifunanya Iwuagwu, Company Secretary/Legal Adviser; Andrew Ikekhua, Managing Director/CEO, NEM Insurance...

Tinubu, Kagame Agree to Strengthen Nigeria–Rwanda Bilateral Relations

BY NECHI NAECHE-ESEZOBOR—President Bola Ahmed Tinubu and President Paul Kagame have resolved to activate mechanisms to deepen bilateral relations between Nigeria and Rwanda....

Nigeria Seeks New World Bank Loan as Public Debt Nears ₦161tn

The administration of President Bola Ahmed Tinubu is currently in discussions with the World Bank over a new $1.25 billion credit facility as...

NIMC launches WhatsApp and live chat support channels

BY NECHI  NAECHE-ESEZOBOR—The National Identity Management Commission has introduced new digital customer support channels, including a Live Chat service on its official website...

News

Tinubu Appoints Famadewa as Special Adviser on Homeland’s Security

President Bola Ahmed Tinubu, on Monday approved the appointment of Major General Adeyinka A. FAMADEWA (Rtd) as Special Adviser on Homeland Security, in...

News

NBA Faults Wike’s Comments on Sealing PDP Secretariats and Bank Accounts

BY NKECHI NAECHE-ESEZOBOR—The National Executive Council (NEC) of the Nigerian Bar Association (NBA), at its meeting held today in Awka, Anambra State, adopted...

News

NBA Condemns Xenophobic Attacks on Nigerians in South Africa

BY NKECHI NAECHE-ESEZOBOR—The National Executive Council (NEC) of the Nigerian Bar Association (NBA), at its meeting held on Thursday, 7 May 2026 in...

News

DSS Clarifies Court Case Against SERAP, Says Suit Was Filed by Operatives

The Department of State Services (DSS) has clarified reports surrounding the recent court judgment involving the Socio-Economic Rights and Accountability Project (SERAP), stressing...

NEM Insurance declares N7.52bn dividend as shareholders applaud strong 2025 performance

NEM Insurance Grows Premium Income to N166.8bn In 2025

Cornerstone Insurance Backs Lagos Flood Insurance Scheme for Four Million Residents

Mutual Benefits Settles Over ₦5.5bn Claims, Reinforces Customer Trust

AIICO Insurance Grows Gross Premiums to ₦191.7bn as Revenue Hits ₦137bn in 2025

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Energy

FCCPC Backs Lagos Govt on Estimated Billing Enforcement Measures

  The Federal Competition and Consumer Protection Commission (FCCPC) has commended the Lagos State Electricity Regulatory Commission (LASERC) for recent consumer focused reforms...

TCN foils attempted robbery attack at Ogbomosho substation

BY NKECHI NAECHE-ESEZOBOR—Transmission Company of Nigeria has confirmed an attempted robbery attack at its Ogbomosho Transmission Substation in the early hours of May...

Ogun to Conduct Electricity Audit in Push for 24-Hour Power Supply

Ogun State Governor, Prince Dapo Abiodun, has announced plans to carry out a comprehensive electricity consumption audit as part of efforts to improve...

NNPC Signs MoU with Chinese Firms to Revive Port Harcourt, Warri Refineries

BY NKECHI NAECHE-ESEZOBOR—NNPC Ltd has signed a Memorandum of Understanding (MoU) with two Chinese companies—Sanjiang Chemical Company Limited and Xingcheng (Fuzhou) Industrial Park...

Tinubu Nominates Joseph Olasunkanmi Tegbe as Minister of Power

President Bola Ahmed Tinubu has nominated Mr Joseph Olasunkanmi Tegbe as Minister of Power, subject to confirmation by the Senate. The nomination has...

Tinubu Names Rilwan Babalola Power Adviser, Sets Up Sector Reform Taskforce

BY NKECHI BAECHE-ESEZOBOR—President Bola Ahmed Tinubu, GCFR, has appointed Mr Rilwan Lanre Babalola as Special Adviser to the President on Power and as...

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CSCS Launches New Services to Boost Investor Experience in Capital Market

In line with commitment to driving innovation and supporting a more efficient and transparent capital market, the Central Securities Clearing System Plc (CSCS),...

Nigeria Regains Frontier Market Status as FTSE Russell Recognizes NGX Infrastructure Progress

Nigeria has been restored to Frontier Market status by FTSE Russell, marking a significant milestone in the country’s reintegration into global investment indices...

Skyway Aviation Reports Robust Profit Growth, Revenue Up 54% in 2025

Skyway Aviation Handling Company Plc delivered a robust financial performance for the year ended December 31, 2025, with profit after tax more than...

Coronation Insurance Posts Strong Top-Line Growth, Revenue Hits N74.83bn

BY IBUKUN OLAJIDE—Coronation Insurance Plc has released its audited financial results for the year ending 31 December 2025. According to notice released on...

Lasaco Assurance Launches N18.47bn Rights Issue April

Lasaco Assurance Plc has announced a rights issue of 9,236,321,546 ordinary shares as part of efforts to reinforce its capital base and support...

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Reaffirms Commitment to Stronger Shariah Governance in Non-Interest Finance Sector

BY NKECHI NAECHE-ESEZOBOR—The Central Bank of Nigeria (CBN) has reaffirmed its commitment to strengthening Shariah governance, regulatory clarity, and risk management within the...

Afreximbank Targets Fuel Import Reduction with New Refinery Projects

BTNKECHI NAECHE-ESEZOBOR—The African Export-Import Bank plans to fund three new refineries in Nigeria to cut fuel imports and boost local production capacity. Senior...

Lagos Tax Growth Rooted in Tinubu’s Reforms – LIRS Boss

BY NKECHI NAECHE-ESEZOBOR—The Executive Chairman of the Lagos State Internal Revenue Service (LIRS), Dr Ayodele Subair, has said the remarkable growth of tax...

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Tinubu, Kagame Agree to Strengthen Nigeria–Rwanda Bilateral Relations

BY NECHI NAECHE-ESEZOBOR—President Bola Ahmed Tinubu and President Paul Kagame have resolved to activate mechanisms to deepen bilateral relations between Nigeria and Rwanda....

Nigeria Seeks New World Bank Loan as Public Debt Nears ₦161tn

The administration of President Bola Ahmed Tinubu is currently in discussions with the World Bank over a new $1.25 billion credit facility as...

NIMC launches WhatsApp and live chat support channels

BY NECHI  NAECHE-ESEZOBOR—The National Identity Management Commission has introduced new digital customer support channels, including a Live Chat service on its official website...

Tinubu Appoints Famadewa as Special Adviser on Homeland’s Security

President Bola Ahmed Tinubu, on Monday approved the appointment of Major General Adeyinka A. FAMADEWA (Rtd) as Special Adviser on Homeland Security, in...

NBA Faults Wike’s Comments on Sealing PDP Secretariats and Bank Accounts

BY NKECHI NAECHE-ESEZOBOR—The National Executive Council (NEC) of the Nigerian Bar Association (NBA), at its meeting held today in Awka, Anambra State, adopted...

NBA Condemns Xenophobic Attacks on Nigerians in South Africa

BY NKECHI NAECHE-ESEZOBOR—The National Executive Council (NEC) of the Nigerian Bar Association (NBA), at its meeting held on Thursday, 7 May 2026 in...

DSS Clarifies Court Case Against SERAP, Says Suit Was Filed by Operatives

The Department of State Services (DSS) has clarified reports surrounding the recent court judgment involving the Socio-Economic Rights and Accountability Project (SERAP), stressing...

Troops Rescue Kidnap Victims, Intercept Terrorist Ammunition Courier in Kogi

BY SUNDAY SAMUEL—Troops of 12 Brigade Nigerian Army have recorded significant operational successes in Kogi State, rescuing kidnapped victims and foiling a terrorist...

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