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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NDIC strengthens procurement capacity amid banking-sector reforms

NDIC strengthens procurement capacity amid banking-sector reforms

By Babajide Komolafe & Onome Onyeme The Nigeria Deposit Insurance Corporation (NDIC) has strengthened its procurement capacity as part of efforts to enhance efficiency, transparency and accountability in the discharge of its mandate amid ongoing reforms in the banking sector. The Managing Director/Chief Executive Officer of NDIC, Mr. Thompson Oludare Sunday, stated this in Lagos at […]

PIA at 5: Nigeria’s oil reform faces fresh 

PIA at 5: Nigeria’s oil reform faces fresh 

investment, production test By Victor Ahiuma-Young Five years after the enactment of the Petroleum Industry Act (PIA), stakeholders in Nigeria’s oil and gas industry have called on the Federal Government to close outstanding implementation gaps, warning that unfinished reforms and regulatory uncertainty could undermine investment, production growth and the country’s energy security. The concerns were […]

FG engages Israeli, French firms to produce two satellites

FG engages Israeli, French firms to produce two satellites

By Yinka Kolawole, with agency report The Federal Ministry of Communications, Innovation and Digital Economy and Nigeria Communications Satellite (NIGCOMSAT) Limited have commenced engagement with Israeli and French manufacturers for the production of two next-generation communications satellites for Nigeria. NIGCOMSAT said the satellites, NigComSat-2A and NigComSat-2B, would be delivered by Israel Aerospace Industries (IAI) and Thales […]

Nigeria’s oil output wobbles after 10yrs of increase in rigs

Nigeria’s oil output wobbles after 10yrs of increase in rigs

lOutput drops 20.8% in five mature assets — Report lNigeria’s influence within OPEC+ declines lWe are committed to optimising output — Renaissance, Eni lBad omen requiring urgent steps — Experts By Udeme Akpan, Energy Editor There are indications that increased deployment of oil rigs in Nigeria has not translated into corresponding rise in crude oil production. […]

How 23 stocks beat inflation

How 23 stocks beat inflation

Twenty-three stocks quoted on the Nigerian Exchange Limited (NGX) have delivered returns well above Nigeria’s inflation rate so far in 2026, providing investors with significant nominal gains despite a challenging macroeconomic environment.

RockPay launches in Nigeria to redefine digital payments through social finance

RockPay launches in Nigeria to redefine digital payments through social finance

By Babajide Komolafe RockPay, a Nigerian financial technology platform, has officially launched, introducing a new approach to digital finance that combines secure payments, business growth tools, and community-driven fundraising in one seamless platform. Designed for individuals, businesses, and communities, RockPay goes beyond traditional payment solutions by integrating peer-to-peer transfers, payment requests, QR code payments, payment […]

Guinness declares N265bn revenue, PAT up 53% to N25.3bn

Guinness declares N265bn revenue, PAT up 53% to N25.3bn

By Etop Ekanem Guinness Nigeria Plc has reaffirmed its confidence in the strength and future of its business, as the Company enters a new phase of growth underpinned by improved profitability, a significantly stronger balance sheet and continued investment in its brands, manufacturing capabilities and route to market. The company shared this outlook during its […]

NIWA partners Parts Central to end indiscriminate dumping on waterways

NIWA partners Parts Central to end indiscriminate dumping on waterways

By Providence Ayanfeoluwa The National Inland Waterways Authority (NIWA), in collaboration with Parts Central Limited, has unveiled an environmental initiative to tackle indiscriminate dumping and pollution on Nigeria’s inland waterways. The programme is designed to identify sources of pollution, deploy structured waste-removal and recycling systems, improve navigability, conserve aquatic biodiversity and create jobs for riverine […]