Business

By Babajide Okeowo The week got off to a positive start for investors in the Nigerian equities market on Monday June 10, 2024 as they raked in a massive N323bn …

The Nigerian Exchange Limited has collaborated with Meristem Securities to launch a USSD platform aimed at enhancing financial inclusion and expanding access to the capital market. According to a …

The Nigerian Governors’ Forum (NGF) has proposed import or export of power from the national grid or between states. The Forum recommended the development of policy to guarantee that states …

Investors in the Nigerian capital market endured a mixed basket of trading gaining on one occasion and losing on four occasions. The Nigerian bourse closed the week negatively as the …

The gross written premiums of eight insurance firms rose by 22.43 per cent year-on-year to N367.66bn in 2023 compared to N300.31bn in the previous year. According to an analysis …

Indigenous oil company, Oando Plc, has announced that it contributed $550m to the $925m disbursed to the Federal Government by the African Export-Import Bank under the $3.3bn crude oil-backed …

Veritas Kapital Assurance Plc improved post-tax profit by N2.04bn to N2.75bn in 2023 from N712.43bn in the previous year. This was disclosed in its IFRS 17-compliant audited financial results …

The Chief Executive Officer of Enterprise Life Nigeria, Funmilayo Omo, has said modernising the legacy insurance processes in the country was cost-intensive but essential to boosting penetration. Omo said …

By: Babajide Okeowo Nigeria’s expenses on motor spirits (also known as fuel) and lubricants (processed) soared to N4.39 trillion in the first quarter of 2024. According to the breakdown, N2.6 …

Babajide Okeowo France, Spain, The Netherlands, India, and the United States have emerged as the top five export destinations for Nigeria in the first quarter of 2024, fresh data released …