Omosehin to WAICA: Insurers must lead on climate response
Barbara Bako, Abuja. The Commissioner for Insurance, Mr. Olusegun Ayo Omosehin, has called on West African insurers to move beyond traditional business models and take the lead in driving the…
PENGASSAN orders members to shutdown power plants
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has directed its members to close thermal power plants due to ongoing rift with Dangote Refinery. Daily Trust reports…
Dangote refinery resumes petrol sales in naira after govt intervention
The Dangote refinery has resumed the sale of fuel in naira after naira-for-crude technical committee intervention… In a memo sent to marketers on Saturday, a copy of which was made…
Just in: Dangote refinery halts naira petrol sales over crude supply issues
The Dangote Petroleum Refinery has suspended the petrol sales in naira, a move that has unsettled marketers and raised fresh concerns about fuel pricing and foreign exchange pressure.… In an…
OPay rolls out ₦60m scholarship scheme at BUK
…Tergets 200 beneficiaries in 10 years Fintech company, OPay Digital Services Limited, has unveiled a ₦60 million scholarship programme at Bayero University, Kano (BUK), aimed at easing students’ financial burdens…
UBA extends N157.8bn rights issue deadline to Sept 19
United Bank for Africa (UBA) Plc has extended the application period for its ongoing N157.84 billion rights issue, giving shareholders two additional weeks to participate in the offer. In a…
Coinsurance ban puts spotlight on Nigeria’s Takaful industry
By Barbara Bako, Abuja. A new regulatory guideline banning coinsurance arrangements between conventional insurance and Takaful companies represents a significant shift for the industry. This change will test the resilience…
FG, States, LGs share N2trn July revenue
Barbara Bako, Abuja. The Federation Account Allocation Committee (FAAC) has shared a total of N2.001 trillion as federation revenue for July 2025 among the Federal Government, States, and Local Government…
Jaiz Bank crosses ₦1trn asset mark, posts 121% surge in profit
Barbara Bako, Abuja. Jaiz Bank Plc has recorded its strongest financial performance yet, crossing the N1 trillion asset threshold and more than doubling its profit before tax in the 2024…
Edun, Cardoso, Adedeji unite on economic agenda
Barbara Bako, Abuja. The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, held a strategic meeting with the Governor of the Central Bank of Nigeria (CBN),…















