Recapitalisation: Labour Ministry charges banks to protect workers
By Victor Ahiuma-Young & Omotola Aremo The Federal Ministry of Labour and Employment has cautioned banks and insurance companies against allowing workers to bear the brunt of the ongoing recapitalisation and restructuring in the financial sector. The Ministry made the call during the 2026 World Day for Decent Work celebration organised by the Association of […]
Lagos ports handle 84.6% of Nigeria’s N41.4trn trade
By Efe Onodjae Lagos ports handled an estimated N35.07 trillion, or about 84.6 per cent, of Nigeria’s N41.44 trillion total merchandise trade in the second quarter of 2026, Q2’26, underscoring the overwhelming dominance of the nation’s commercial capital as the country’s principal trade gateway. The latest Foreign Trade in Goods Statistics released by the National […]
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
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
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
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 […]
