Business

Nigeria-UAE trade surges 66.7% to $5bn in 1 year

Nigeria-UAE trade surges 66.7% to $5bn in 1 year

By Yinka Kolawole Bilateral trade between Nigeria and the United Arab Emirates (UAE) rose by 66.7 percent to about $5 billion in 2025 from $3 billion in 2024, highlighting growing economic ties between both countries as they move towards formalising a Comprehensive Economic Partnership Agreement (CEPA). The development was disclosed when the UAE Ambassador to […]
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Sanusi: An opponent of change

Sanusi: An opponent of change

Public affairs commentators who are searching for a perfect example of an instance where opponent of change have fought back to keep the decadent status quo, but have apparently failed, then one need not look too far from the episodes playing out in the ongoing developments in the Nigerian banking sector especially with the dismissal of five erstwhile powerful bank chief executives by the Central Bank of Nigeria (CBN) for alleged clear violations of the common ethical codes governing the management of commercial banks.

Real estate experts say tax exemption necessary for REIT to succeed

Real estate experts say tax exemption necessary for REIT to succeed

Real estate consultants have observed that tax exemption is necessary for the Real Estate Investment Trust (REIT) to succeed. REIT is an investment initiative that buys, develops and sells income-producing real estate assets on behalf of shareholders who own common shares, which may be publicly quoted or privately held.

RAHIS commences nationwide from today

RAHIS commences nationwide from today

The Road Accident Health Insurance Scheme (RAHIS) put together by the Nigerian Union of Road and Transport Workers (NURTW) and released by the Federal Road Safety Commission (FRSC will commence nationwide from Wednesday 9th of September 2009

Sovereign Trust settles N311m claims

Sovereign Trust settles N311m claims

Sovereign Trust Insurance Plc has shown its avowed commitment to claims settlement. The underwriting firm recently released its second quarter claims record detailing total claims paid between January and June 2009. In the published statement, the claims figures revealed that the sum of N311, 062,980 (Three hundred and eleven million, sixty two thousand, nine hundred and eighty naira only) had been paid in the period under review.

Int’l Energy Insurance reasures on CRS

Int’l Energy Insurance reasures on CRS

The management of International Energy Insurance Plc (IEI) has assured that the company will continue to give back to the society in fulfillment of its corporate social responsibility function as International Energy Insurance Plc donated 12 wheelchairs to Basket Ball Association of Nigeria.