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 […]
SEC, NYSC sign MoU to promote sound investment habit
By Peter Egwuatu THE Securities and Exchange Commission (SEC) and the National Youth Service Corps (NYSC) have signed a Memorandum of Understanding (MoU) to promote financial literacy and protect young Nigerians from fraudulent investment schemes. The agreement, signed in Abuja by SEC Director-General, Dr. Emomotimi Agama, and NYSC Director-General, Brigadier General Olakunle Oluseye Nafiu, will integrate […]
MAN urges Africa to boost industrial capacity through value addition
By Providence Ayanfeoluwa THE Director-General of the Manufacturers Association of Nigeria (MAN), Segun Ajayi-Kadir, has called on African countries to strengthen industrial capacity through backward integration and value addition, rather than exporting raw materials. Speaking during a facility tour of Coleman Technical Industries Limited in Sagamu, Ogun State, Ajayi-Kadir said Africa must develop the capacity to […]
Solid Minerals: FG attracts over $2.6bn FDI in 2 yrs —Alake
By Gabriel Ewepu THE Minister of Solid Minerals Development, Dr. Dele Alake, disclosed that the Tinubu-led administration has attracted over $2.6 billion in Foreign Direct Investment, FDI into the sector in two years. Alake made this known in a statement signed by his Special Assistant on Media, Segun Tomori, where the Minister advocated for regional […]
Personal pension plan to change face of small businesses — Leadway
By Rosemary Iwunze Leadway Pensure PFA Limited, one of Nigeria’s leading pension fund administrators, has said that Nigeria’s Personal Pension Plan (PPP) will reshape small business owners’ retirement savings, making them more flexible and accessible and ultimately reducing the risk of old-age poverty. The company maintains that the initiative plays a critical role in Nigerian […]
CPPE demands govt’s intervention to over soaring energy costs
….says unreliable electricity imposes annual economic losses of N10trn By Gabriel Ewepu ABUJA – AS Nigerians grapple with soaring energy costs, the Centre for Promotion of Private Enterprises, CPPE, yesterday, demanded government’s urgent intervention to ease the burden. The Executive Director, CPPE, Dr Muda Yusuf, in a statement, pointed out that the continued pressure on Nigerians […]
