Archives for July 23, 2025
Sovereign Trust Insurance Revenue Soars By 109% To N40.4bn 2024
BY NGOZI ONYEAKUSI STI MD, Soyinka Sovereign Trust Insurance Plc, released its 2024 audited financial statements in line with the new reporting format of IFRS-17 to the general public having…
PenCom, PenOp Give Reasons For Opposing Police Exit From CPS
BY NGOZI ONYEAKUSI DG, PenCom The National Pension Commission (PenCom) and Pension Fund Operators Association of Nigeria (PenOp) have given reasons for strongly opposing the Nigerian Police Force's (NPF) agitation…
NNPC remits N6.96trn to federation account in 5 months, declares N905bn profit for June
The Nigerian National Petroleum Company Limited (NNPC Ltd.) says it has remitted trillion to the Federation Account within the first five months of 2025. The NNPC Monthly Report Summary for…
Eight banks surpass recapitalisation target, 11 breach non-performing loan cap
The Governor, Central Bank of Nigeria (CBN), Olayemi Cardoso, on Tuesday, disclosed that eight deposit money banks have already surpassed the new minimum capital requirement under the ongoing recapitalisation exercise.…
CBN HOlds MPR Steady At 27.5%
BY NGOZI ONYEAKUSI CBN Governor, Olayemi Cardoso The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) kept the Monetary Policy Rate (MPR) unchanged at for the third…
Delta State Governor Lauds Seplat Energy’s Commitment To Host Communities
…Assures of Stronger Partnership, Favourable Operating Environment Seplat Energy Plc, Nigeria’s foremost indigenous energy company, has been lauded by the Delta State Governor, Rt. Hon. Sheriff Oborevwori, for its sustainability…
Commodities Exchanges, Warehouses Can Unlock $500bn In Dormant Agricultural, Mineral Assets
BY NGOZI ONYEAKUSI SEC DG Agama The Director General, Securities and Exchange Commission (SEC), Dr. Emomotimi Agama has disclosed that by formalising Commodities and Warehouse receipts the capital market can…
NCDMB’s Exec Sec Inspects Training of 305 Youths At Centre For Marine and Offshore
BY NGOZI ONYEAKUSI The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe on Tuesday inspected the ongoing training of 305 youths in specialised…
Rex Insurance Launches Digital Platforms For Motor Sales
BY NGOZI ONYEAKUSI Rex Insurance is proud to announce the launch of its new digital platforms designed to revolutionize the way motor insurance is accessed and purchased. This strategic initiative…
