BUSINESS
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NDIC Begins Insurance Payment to Depositors of 2 Failed Banks
Nigeria’s deposit insurance safety net has been formally activated as the Nigeria Deposit Insurance Corporation (NDIC) commenced insurance payments to…
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Continental Reinsurance’s Strategic Shift to Botswana Signals a New Era for African Risk Capital
In a decisive move that underscores the evolving geography of Africa’s financial power centres, Continental Reinsurance Holdings has successfully relocated…
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The Fuel Wars: How Dangote’s Price Cut Is Shaking Nigeria’s Downstream Oil Market
Nigeria’s downstream petroleum sector has entered its most consequential phase since deregulation, as Africa’s largest refinery moves decisively to seize…
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FutureMakers by NASENI: Nigeria’s Visionary Project for Innovation Leadership
Executive Vice Chairman, National Agency for Science and Engineering Infrastructure (NASENI), Khalil Suleiman Halilu; Chairman, Senate Committee on NASENI, Senator…
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NIMASA Clears Nigeria of Ownership Claims in Intercepted Vessel, VLCC Skipper
Nigeria’s maritime authority has moved swiftly to protect the country’s international shipping reputation, firmly distancing Nigeria from reports linking it…
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AMCON Hands Over Star Paper Mill, Signalling Abia’s Industrial Comeback
In a move heavy with symbolism and economic consequence, the Asset Management Corporation of Nigeria (AMCON) has formally transferred ownership…
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NGX Weekly Review: Investors Pocket ₦1.54trn as Market Extends Rally
The Nigerian Exchange (NGX) closed the week on a strong footing, delivering a ₦1.54 trillion gain for investors as broad…
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Airfare Shock: Why FCCPC Is Probing Alleged Exploitation in Nigeria’s Aviation Market
Nigeria’s aviation sector is under intense regulatory scrutiny as the Federal Competition and Consumer Protection Commission (FCCPC) expands its investigation…
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FG Moves to Clear Power Debts with ₦1.23trn Bond Reset
Nigeria’s long-troubled electricity market is entering its most consequential reset in over a decade as the Federal Government moves to…
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Customs Extends AEO Migration Deadline as Nigeria Aligns with Global Trade Standards
Nigeria Customs Service (NCS) has extended the migration deadline from the legacy Fast Track Scheme to the Authorised Economic Operator…
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