Insurance firms must adhere to prudential standards — NAICOM
By Emma Ujah, Abuja Bureau Chief ABUJA — The Commissioner for Insurance, Mr Olusegun Omosehin, has warned insurance companies to strictly adhere to prudential standards and ethical conduct following the conclusion of the industry’s recapitalisation exercise. Omosehin gave the warning on Thursday at the launch of the Insurance Sector Strengthening Programme (ISSP) in Abuja. He […]
Nestoil: We are not responsible for banks’ failure to pay dividend
Nestoil Limited yesterday rejected what it described as a coordinated campaign of blackmail allegedly driven by First Bank of Nigeria and its Chairman, following publications in The Guardian, The Nation, Leadership, Vanguard, Nairametrics, TheCable, and some other online platforms linking banks’ dividend suspension to a purported debt owed by the company. The indigenous energy firm said […]
How Customs CG is facilitating trade, boosting business in the South-East of Nigeria
By Okey Ibeke Since assuming office as Comptroller-General of the Nigeria Customs Service in June 2023, Bashir Adewale Adeniyi, in line with President Ahmed Tinubu’s Economic and Renewed Hope Agenda, has been intentional in pursuit of policies that repositioned the Service from a traditional revenue-collecting agency to a reform-driven institution. The policies, anchored on three pronged […]
Dangote Cement grows exports by 71.6% as capacity hits 55MTA
By Mather Godwin Dangote Cement Plc has recorded a strong performance in the first quarter of 2026, growing its cement and clinker exports from Nigeria by 71.6 per cent, as the Group’s total installed production capacity reached 55 million tonnes per annum (MTA) across Africa. During the period under review, the company completed 10 clinker shipments […]
FG moves to settle contractors’ Debts, assures transparent process
By Emma Ujah, Abuja Bureau Chief The Federal Government has initiated moves to settle outstanding obligations owed to local contractors, assuring that the process will be handled in a fair, transparent, and structured manner to rebuild confidence and support ongoing economic reforms. Minister of Finance and Coordinating Minister of the Economy, Mr. Taiwo Oyedele, gave the […]
₦5m, ₦10m Zero-interest Loans: SheVentures opens applications for women entrepreneurs
First City Monument Bank (FCMB) has opened a new round of applications for its SheVentures proposition, offering zero-interest loans of up to ₦10 million to women entrepreneurs to ease access to working capital and support business growth. The facility provides loans ranging from ₦500,000 to ₦5 million under a general category, and ₦5 million to […]
