Nigeria’s Business Activity Expands as Rising Costs Threaten New Investment

Nigeria’s business activity strengthened in July, but rising operating costs are making companies more cautious about…

Tinubu Backs NNPC Listing, Targets Stronger Capital Market for $1tn Economy

President Bola Ahmed Tinubu has announced plans to reform and list the Nigerian National Petroleum Company…

Cornerstone Insurance Introduces AI Voicebot for Customer Service

Cornerstone Insurance Plc has introduced a new Voicebot feature for its artificial intelligence-powered virtual assistant, CiCi,…

Coronation Insurance Pays ₦8.3bn Claims in Six Months

Coronation Insurance Plc paid ₦8.3 billion in gross claims to customers during the first half of…

IEI Plc Appoints Bashir Binji as New Managing Director

International Energy Insurance (IEI) Plc has appointed Mr Bashir Haliru Binji as its new Managing Director…

Leadway Assurance Targets Bigger Risks, Digital Growth After Recapitalisation

Leadway Assurance, a member of the Leadway Group, has said its post-recapitalisation strategy will focus on…

LAWMA, Waste Managers Begin Talks to Reform Lagos Waste Collection System

The Lagos Waste Management Authority (LAWMA) has begun discussions with the Association of Waste Managers of…

Anchor Insurance Capital Hits ₦25.5bn, Surpasses NAICOM’s Minimum Requirement

Anchor Insurance Company Limited has increased its capital base to more than ₦25.5 billion, significantly above…

Noor Takaful Returns Over ₦1.3bn to Participants, Noor Health Makes History

…Becomes first HMO in Nigeria to distribute surplus to enrollees Noor Takaful Insurance Limited has returned…

FG to End Electricity Subsidy by 2027, Says Power Minister

The Federal Government has announced plans to gradually phase out electricity subsidy payments from 2027 as…