Business

AXA Mansard int’l health plan covers cancer, other chronic conditions

AXA Mansard int’l health plan covers cancer, other chronic conditions

By Rosemary Iwunze AXA Mansard Health’s International Healthcare Plan, iMED, offers Nigerians access to comprehensive medical coverage for cancer, as well as critical medical procedures such as organ and bone marrow transplants, and international emergency medical assistance at leading healthcare facilities in Nigeria, the United States, the United Kingdom and Dubai. According to estimates by […]
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SEC, CBN, EFCC partner to track, freeze illicit digital wallets

SEC, CBN, EFCC partner to track, freeze illicit digital wallets

…As Nigerians lose over N174bn to fraudulent schemes By Obas Esiedesa  In a major step to strengthen oversight over Nigeria’s fast-growing digital finance ecosystem, the Securities and Exchange Commission (SEC) has disclosed that it is collaborating with the Central Bank of Nigeria (CBN) and the Economic and Financial Crimes Commission (EFCC) to track and freeze illicit digital […]

Gas policy under threat as flaring worsens

Gas policy under threat as flaring worsens

•$4.9bn gas investments yet to fully pay off  •Past PSCs did not incentivize firms to invest in non-associated gas — NUPRC •Nigeria needs coordinated action to unlock gas potential —NGA By Udeme Akpan, Energy Editor Nigeria’s ambition to power homes and industries with its abundant gas reserves faces a deepening dilemma, following rising gas flaring in the […]

Banks’ deposits in CBN rise 395% to N198trn 

Banks’ deposits in CBN rise 395% to N198trn 

By Elizabeth Adegbesan Banks’ deposit with the Central Bank of Nigeria, CBN, in form of Standing Deposit (SDF) grew by 395.8 percent, YoY,  to N198.08 trillion in the first ten months of the year (10m’25) from N39.95 trillion in the corresponding period of 2024 (10m’24), reflecting excess liquidity in the banking system.     Trend analysis showed […]

NGX Group declares N1.00 interim dividend, sustains shareholder value creation

NGX Group declares N1.00 interim dividend, sustains shareholder value creation

By Peter Egwuatu  Nigerian Exchange Group Plc (NGX Group or the Group) has announced the declaration of an interim dividend of N1.00 per ordinary share of 50 kobo each, following the approval of its unaudited financial statements for the third quarter ended 30 September 2025, at the meeting of its Board of Directors. According to […]

Banks must back innovation, not just big corporates — Wale Edun

Banks must back innovation, not just big corporates — Wale Edun

Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has urged Nigerian banks to channel more credit to young innovators and small businesses, saying the era of concentrating lending on big corporates must give way to inclusive, innovation-driven financing.