Latest News
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459Business NewsInsurers to Access ₦1.1tr Injected Capital by September 30
Nigeria’s insurance industry has emerged from its 12-month recapitalisation exercise with N1.079 trillion in a fresh capital injection, a development the National...
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511Professional ServiceNAICOM to Release Risk-Capital Framework in October
The National Insurance Commission (NAICOM) said it will release a new framework in October to review the size of risk portfolios held...
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387Banking & FinanceBanks Shut 476 Branches in Three Years –CBN
Deposit Money Banks in Nigeria closed a net 476 branches and cash centres between 2022 and 2025, reducing their physical footprint by...
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385Economy & MarketNigeria Hits 1.68mbpd, Sustains OPEC Quota for Four Months
Nigeria’s crude oil and condensate production rose to 1,677,777 barrels per day in August 2026, representing a 0.4 per cent increase from...
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453Foreign NewsOil Prices Set to End Week Above $100 for First Time in Nearly 4 Months
Oil prices rose on Friday and both major benchmarks are on track to end the week above $100 a barrel for the...
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1.2KMoney MarketFG Targets ₦1tr BOI’s Development Bond
The federal government has said that the Bank of Industry’s (BoI’s) development finance could reach N1 trillion before the end of the...
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556Industry & MoneyManufacturers Seeks Shift on Policy to Boost Industrial Energy Security, Grid Optimisation
The Manufacturers Association of Nigeria (MAN) has proposed adoption of a stronger approach that will facilitate Industrial Energy Security and Grid Optimisation...
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286Economy & MarketStocks, Bonds Fall in Asia on Oil, Inflation Woes
Asian stocks and bonds dropped following a surge in oil prices, as investors awaited key US inflation data on Friday that may...
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202Business NewsChina Supplies 39% of Nigeria’s ₦28tr Imports
Nigeria imported goods worth N11.01 trillion from China in the first half of 2026, accounting for nearly 40 per cent of the...
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417Local NewsRevoked Insurance Licences Trigger Claims, Premium Concerns
The recent revocation of licences for six insurance companies by the National Insurance Commission (NAICOM) has raised significant concerns among thousands of...
