July 03
Nigeria: Consolidated Hallmark Insurance Announces 589 Percent Growth in Profit
Consolidated Hallmark Insurance Plc has announced a Profit After Tax of N3.7billion for the year ended December 31, 2023 as against N547million earned in 2022, indicating a 589 per… Read more »
Nigeria: Unusual Pattern of Cash Dispensation
The continued scarcity of cash in banks' ATM raises serious concerns about the integrity of the banking system, writes Sonny Iroche Read more »
July 04
Nigeria: Senate Flays Govt's Poor Implementation of N9 Trillion Capital Components in Budgets
The senate, yesterday, challenged the federal government to intensify efforts in funding the capital components of the three national budgets running concurrently. Read more »
July 02
Nigeria: A Toast to Sirika, Obiano and Bello
Executive Recklessness: May 2023 Ministry of Aviation Saga Read more »
Nigeria: Customs Rakes in Over N10bn Revenue in Kwara
The Nigeria Customs Service (NCS), Kwara state Command has said that it has generated a total sum of over N10 billion revenue to the federal government between January and May,… Read more »
Nigeria: Nigeria's Biggest Epcc Firm, Nestoil Says 'Briefcase' Contractors Killing Oil Industry
Nestoil, Nigeria's biggest Engineering, Procurement, Construction & Commissioning (EPCC) company yesterday said that the principle of 'lowest bidder' which has been taken… Read more »
Nigeria: Campaign Against Manufacture of Sub-Standard Goods
The Federal Competition and Consumer Protection Commission is up in arms against the manufacturing of sub-standard products and other deceptive trade practices, writes Dike… Read more »
Nigeria: Ogalla - Committed to Shaping the Nigerian Navy Into a Competent, Ethical Naval Force
That Vice Admiral Emmanuel Ikechukwu Ogalla is a repository of knowledge, especially when it comes to hydrography and all things marine ecosystem, might not be in contention, but… Read more »
Nigeria: Discos Raise Revenue By N42.4bn After 230 Percent Hike in Tariff for Premium Customers
Electricity Distribution Companies (Discos) in Nigeria made additional revenue of N42.4 billion after the Nigerian Electricity Regulatory Commission (NERC) approved a hike in… Read more »
Nigeria: CPPE Tasks FG On Protection of Local Industries Against Liberal Trade Policy
The Centre for the Promotion of Private Enterprise [CPPE] has tasked the federal government on the need to arrest the deindustrialization of Nigerian economy by ensuring that local… Read more »
Nigeria: Nigeria's Mounting Debt Crisis Calls for Immediate Legislative Action - Adebajo
Amidst a sharp rise in Nigeria's external debt to approximately $45 billion and an exodus of investors, the Chief Executive of CFG Advisory, Tilewa Adebajo, has emphasised the need… Read more »
July 01
Nigeria: Nog Energy Week to Discuss Key Initiatives On Thriving Domestic Gas Market in Nigeria
As Nigeria continues to navigate its path towards economic diversification and sustainable development, the role of the oil and gas sector remains paramount. To harness the full… Read more »
Nigeria: As Femi Otedola Multiplies His Fortunes Beyond Expectations
Time has a remarkable way of refining a person's abilities. It even has the tendency to reveal hidden depths, deepening acumen and strengthening strategic foresight. Nigerian… Read more »
Nigeria: Agusto & Co. Foresees Robust Growth in Managed Assets, to Surpass N10tn By 2025
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Nigeria: Omosehin Charges Actuaries On Shaping Future of Insurance With Ai
The Commissioner for Insurance, Mr Olusegun Ayo Omosehin, has charged members of the Nigerian Actuarial Society (NAS) to collaborate, innovate, and lead the way in shaping the… Read more »
Nigeria: Cap PLC's Shareholders Approve N1.55 Final Dividend Payout
The shareholders of Chemical and Allied Products Plc (CAP) have approved a final dividend of N1.55 kobo per 50 kobo ordinary share, bringing the total dividend declared for the… Read more »
Nigeria: Inter-State Rail System Strategic for South-West Development, Says Abiodun's Aide
Special Adviser to Ogun State Governor Dapo Abiodun, on Media and Strategy, Hon. Kayode Akinmade, said the inter-state rail system was strategic for the development of the… Read more »
July 02
Nigeria: Non-Bank Financial Institutions Key to Regional Integration, Economic Stability - Cardoso
Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, yesterday, said Non-Bank Financial Institutions (NBFIs) of the West African Monetary Zone (WAMZ) presented a… Read more »
Nigeria: BudgIT Report - Blanket Minimum Wage Not Feasible Amid Fiscal Imbalance
Nigerian civic organisation, BudgIT, has said a blanket minimum wage implementation was currently not feasible given the horizontal fiscal imbalance among the 36 states of the… Read more »
Nigeria: Ghost Workers - Govt Parleys 40 Non-Core MDAd On IPPIS-HR Module
In a bid to curb the menace of ghost workers, the Office of the Head of Civil Service of the Federation (OHCSF), has held an Integrated Personnel Payroll Information System - Human… Read more »
July 01
Nigeria: Govt, MAN's 3-Day National Manufacturing Policy Summit Begins Tuesday
The Federal Government, in collaboration with the Manufacturers Association of Nigeria (MAN), is organising a three-day national manufacturing policy summit scheduled for July 2-4,… Read more »
June 30
Nigeria: To Enhance Energy Efficiency, Son, Ecn, Others Plan Review of Standard Performance for Air Conditioners
Stakeholders in Nigeria's energy sector have begun the process of reviewing the country's Minimum Energy Performance Standards (MEPS) for air conditioners to enhance energy… Read more »
West Africa: Ecowas Reviews Implementation of 0.5 Percent Community Levy On Imports
*Says Nigeria will receive over 50% of Global Water Fund Read more »
Nigeria: Naira Abuse and EFCC's Two-Faced Justice
Many Nigerians were shocked last Tuesday when Justice Kehinde Ogundare of the Federal High Court sitting in Lagos struck out the charge of naira abuse filed against celebrity… Read more »
Nigeria: Nulge Demands Financial, Administrative, Political Autonomy for Local Governments in Nigeria
The Nigeria Union of Local Government Employees (NULGE) has called for financial, administrative and political autonomy for local governments in Nigeria. Read more »