AIICO advances maternal health through outreach
By Rosemary Iwunze AIICO Insurance Plc, in partnership with HACEY Health Initiative, has reached 1,000 participants through a two-day maternal health outreach at General Hospital, Ikorodu, Lagos State, providing essential health education, screening services and maternal care supplies to support pregnant women, nursing mothers and infants. Held in September 2026, the intervention integrated maternal health […]
Crude oil nears $70 as US-Iran tensions rattle market
By Udeme Akpan Crude oil prices climbed toward $70 per barrel, up from $67 last week, as rising tensions between the United States and Iran heightened fears of supply disruptions. The rally followed the collapse of nuclear talks in Oman, which failed to bridge differences between both countries. Market sentiment was further jolted after the US […]
FG woos global investors to invest in 50 oil blocks under 2025 licensing round
By Udeme Akpan The Federal Government, through the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has urged global investors to capitalise on opportunities in Nigeria’s 2025 licensing round, offering 50 oil and gas blocks across diverse terrains. The Commission Chief Executive, Mrs. Oritsemeyiwa Eyesan, made the call on Tuesday at the opening of the 10th anniversary of […]
AstraZeneca profit jumps as cancer drug sales grow
British pharmaceutical giant AstraZeneca said Tuesday that its net profit jumped 45 percent last year on strong sales of cancer drugs, as it expands its reach in the United States and China.
Oil industry contracting: NCDMB issues NCEC guidance notes, rules out transfer of certificate
By Udeme Akpan Determined to speed up the oil and gas industry contracting processes, weed out firms lacking technical capacity to perform and reduce Nigeria’s cost of production, the Nigerian Content Development and Monitoring Board has issued the “NCEC Application Guidance Notes”, with effect from December 2025. The document which is available on the Board’s website […]
FG, States, LGAs share N26.5trn in 2025
•As oil producing states receive N1.6 trn By Elizabeth Adegbesan The Federal Government (FG), 36 states and 774 local governments shared N26 trillion from Federation Account Allocation Committee (FAAC) revenue in 2025. This represents an 84.2 percent year-on-year (YoY) increase when compared to N14.11 trillion shared in 2024. Vanguard analysis of data in the FAAC […]
