Five PFAs control pension market, account for 54% of new RSAs
AXA Mansard int’l health plan covers cancer, other chronic conditions
NIMASA cracks down on Cabotage law violations
Universal Insurance drags NAICOM to court
Dangote to launch own shipping fleet to boost maritime operation
UBA discloses delay in release of H1’26 financial statements
Nigeria-UAE trade surges 66.7% to $5bn in 1 year
Top consumer goods manufacturers post N3.5trn revenue in H1’26

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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
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
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
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. […]
Nigeria’s oil output wobbles after 10yrs of increase in rigs
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
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.
Nigerian importers are looking beyond China: Here is why quality control cannot be an afterthought
Cambodia is one of the answers gaining attention. The country’s exports reached $30.14 in 2025, up 14.7 percent year on year
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
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
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 […]

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