Insurance industry records 47.3% growth in premium to N2.3trn
By Rosemary Iwunze The insurance industry recorded a 47.3 per cent, Year-on-Year, YoY, growth in Gross Premium Written, GPW, to N2.301 trillion in 2025 from N1.558 trillion recorded in 2024. According to the insurance industry report released by the The National Insurance Commission, NAICOM, disclosed this in its insurance industry report released yesterday. The report also showed […]
China’s low price offering threatens cassava business
The low price tag put on Nigerian cassava chips by China is frustrating Nigerian exporters of the commodity. This development is impeding the successful execution of the cassava chip export contract entered by Nigeria and China.
Nigeria Railways invests N1.6bn in Apapa lines rehabilitation
The Federal Government has said that it has invested N1.6 billion on the rehabilitation of the rail lines linking the ports and some tank farms in Apapa, saying the project will be completed within the next three months.
FG directs SON to begin full implementation of new cement standards
The Federal Government has directed the Standard Organisation of Nigeria, SON, to begin full implementation of the new standards for cement.
Nigeria loses N75bn annually to textile materials smuggling — Labour
Organised Labour has raised alarm that Nigeria is losing over N75 billion annually to smuggling of textile materials into the country.
FRSC plans staff housing scheme
The Federal Road Safety Corps (FRSC) is set to commence a housing scheme to deliver 20,000 housing units for its personnel across the country.
