Business

Nigeria’s financial inclusion reaches 79% — EFInA

Nigeria’s financial inclusion reaches 79% — EFInA

By Matthew Johnson The Enhancing Financial Inclusion and Advancement (EFInA) has released its ninth Access to Financial Services in Nigeria (A2F) Survey, showing that 79% of Nigerian adults use a financial product or service. Formal inclusion reached 73%, exceeding the 70% target under the National Financial Inclusion Strategy. EFInA’s Board Chair, Dr Agnes Olatokunbo Martins, […]
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CSJ charges FG to release 2026 capital budget funds

CSJ charges FG to release 2026 capital budget funds

…accuses NASS of oversight failure By Emma Ujah The Centre for Social Justice (CSJ) has urged the Federal Government (FG) to immediately commence the implementation of the 2026 Capital Budget, warning that continued delays violate the provisions of the Constitution, the Fiscal Responsibility Act and the Appropriation Act. The demand was contained in an open […]

FG signs N729bn Series-2 bond agreement with GenCos

FG signs N729bn Series-2 bond agreement with GenCos

By Folarin Kehinde, Abuja The Federal Government (FG) has signed the N728.979 billion Series-2 bond under its N4 trillion Power Sector Debt Reduction Programme, in a fresh move to settle verified legacy debts owed to electricity generation companies and restore liquidity to Nigeria’s power sector. The transaction comprises N402 billion in cash bonds raised from […]

Post-recapitalisation: Mutual Benefits strengthens role as trusted protection partner

Post-recapitalisation: Mutual Benefits strengthens role as trusted protection partner

By Rosemary Iwunze Following the successful completion of its recapitalisation, Mutual Benefits is positioning for sustainable growth while strengthening its role as a trusted protection partner to Nigerians. The company, in a statement, noted that for more than 30 years, it has built its reputation on a simple promise: being there for Nigerians when protection […]

Cornerstone Insurance unveils ‘Cornerstone 3.0’ transformation agenda

Cornerstone Insurance unveils ‘Cornerstone 3.0’ transformation agenda

By Rosemary Iwunze Cornerstone Insurance Plc has unveiled key elements of its transformation agenda, “Cornerstone 3.0,” aimed at strengthening its operations, enhancing customer experience and positioning the company for sustainable growth. The agenda was a major focus at the company’s 2026 Brokers’ Business Lunch, recently held in Lagos, with brokers, stakeholders and members of Cornerstone’s […]

Cornerstone Insurance partners AFFIRM to support film financing

Cornerstone Insurance partners AFFIRM to support film financing

By Rosemary Iwunze Cornerstone Insurance Plc has partnered with the Africa Film Finance, Insurance & Risk Management Framework (AFFIRM), an initiative focused on improving risk management and access to funding for Nigeria’s creative film industry. The partnership brings together Cornerstone, film producers, financial institutions, completion partners and other industry stakeholders to create a more structured […]