Photo: TEXEM UK Executives Pay Courtesy Visit To Sovereign Trust Insurance New CEO
L-R: Akinwumi Akinrinmade, ED Technical Operations, Sovereign Trust Insurance Plc; Comfort Madukwe, Associate Project Manager, TEXEM; Dr. Lucas Durojaiye, MD/CEO, Sovereign Trust Insurance Plc; Dr. Alim Abubakre, Chair, TEXEM UK…
United Capital Boosts Infrastructure, Appoints Four Investment Professionals
BY NGOZI ONYEAKUSI In a bid to reposition for infrastructure opportunities in Nigeria and across Africa, the Board of Directors of United Capital Plc has announced the appointments of four…
Mutual Funds Assets Hit N7.416 tri
BY NGOZI ONYEAKUSI The Securities and Exchange Commission (SEC) has disclosed that the total Net Asset Value (NAV) of mutual funds reached trillion on November 28, 2025, up from trillion…
FG unveils gold refinery, advances $600m lithium plant
The Federal Government has announced the commencement of operations at a high-purity gold refining plant in Lagos, with three additional gold refineries at different stages of development across the country…
Nigeria to record fastest growth in 2026 — World Bank
BY NGOZI ONYEAKUSI The World Bank has disclosed that Nigeria’s economy is set to record its fastest growth in more than a decade, upgrading its forecast for the country’s…
Why Nigeria’s New Tax Regime Will Fail Without Public Trust
BLAISE UDUNZE Millions of Nigerian citizens are watching with cautious anticipation as the federal government begins implementing its far-reaching 2026 tax reforms. This is to say that the official assurances…
Sterling Bank, One Foundation Others Strengthen Climate Action With Nationwide Cleanup, Beach Adoption
BY NGOZI ONYEAKUSI L-R: Jacqueline Ekpang, Zonal Head, Retail Sterling Bank Abuja; Tunde Akande, Business Executive, Institutional Banking, Sterling Bank Abuja; Omenta Rachael Chineye, Head of Community Sanitation and Education,…
Fidelity Bank Supports Quality Education Delivery in Makoko
BY NGOZI ONYEAKUSI L–R: Head Teacher/School Manager, Aiyetoro African Church Primary School, Okoro Chineye Patricia; School Manager, Adekunle Anglican Nursery & Primary School, Tinubu Abimbola; Head, Legal Services Division, Fidelity…
Insurance Brokers Urged To Embrace Innovation, Client-Centric Approach
BY NGOZI ONYEAKUSI L-R: Deputy President of the Nigerian Council of Registered Insurance Brokers, Mrs. Olufunke Adenusi, mni; Vice President, Mr. Oluwarotimi Adewole; Immediate Past President, Prince Babatunde Oguntade and…
Alleged medical negligence: Sanwo-Olu orders probe into Chimamanda Adichie’s son’s death
The Lagos State Government has ordered an immediate and comprehensive investigation into the alleged medical negligence that reportedly led to the death of Nkanu, the son of renowned Nigerian author,…
Price war: Retailers drop petrol below Dangote’s N739/litre
The price war in the petroleum sector has continued to deepen as some retail outlets have dropped the prices of Premium Motor Spirit (petrol) below the N739 per litre recommended…
PenCom empowers PFAs to appoint external auditors, actuaries
The National Pension Commission has empowered Pension Fund Administrators to appoint external auditors and actuaries for Approved Existing Schemes and Additional Benefits Schemes. This was indicated in the latest circular…
Subscription to T-Bills Tops N1.5trn at First 2026 Auctions on Massive Demand
Investors’ appetite remained strong at the Central Bank of Nigeria’s (CBN) first Treasury bills auction of 2026, with subscriptions rising above trillion despite higher stop rates across all tenors. At…
Heritage Bank: NDIC Declares ₦24.3bn Second Liquidation Dividend
BY NGOZI ONYEAKUSI Nigeria Deposit Insurance Corporation (NDIC) has declared a first liquidation dividend of ₦ billion in April 2025, at a rate of kobo per ₦ NDIC in statement …
Murder Of Chigbo: Police Arrests Three Notorious ‘One Chance’ Armed Robbery Suspects
The Federal Capital Territory (FCT) Police Command has recorded a major breakthrough in its sustained fight against violent crime with the arrest of three notorious armed robbery suspects involved in…
FG earmarks N1.7tn in 2026 budget for unpaid contractors
*Tinubu The Federal Government has budgeted the sum of in the 2026 Appropriation Bill to settle outstanding debts owed to contractors for capital projects executed in 2024. A breakdown of…
Nigeria adds 4.3m new BVNs in 2025
Nigeria recorded a boost in its banking identity system in 2025 as million new Bank Verification Numbers (BVNs) were registered across the country. A BVN is a unique biometric identification…
NNPC’s $1.42bn, N5.57trn Debt Write-Off and Test of Nigeria’s Fiscal Governance
When the Federal Government approved the write-off of about $ billion and trillion in legacy debts owed by the Nigerian National Petroleum Company Limited (NNPC Ltd) to the Federation Account,…
Kidnappers kill Abuja-based Lawyer Princess Nwamaka Chigbo
Nwamaka Chigbo THE family of Princess Nwamaka Mediatrix Chigbo, an Abuja-based lawyer, is saddened to announce her brutal death at the hands of still-to-be-identified kidnappers in the Nigerian Federal Capital…
Fidelity Bank Extends Support to Oluyole Cheshire Home in Ibadan
BY NGOZI ONYEAKUSI In the spirit of the festive season, leading financial institution, Fidelity Bank Plc has reaffirmed its commitment to inclusive community support through a charitable outreach to Oluyole…
