Business
Hormuz Crisis Sends Brent Above $91 As Eight Oil Giants Rake In $87bn Q2 Profit
Crude oil prices rose sharply on Tuesday as renewed tensions around the Strait of Hormuz, including an attack on a vessel transiting the strategic waterway, heightened fears of further disruptions
US lifts 12-year entry restriction on Nigerian vessels
By Godwin Oritse The United States Coast Guard (USCG) has lifted the Condition of Entry (CoE) imposed on vessels arriving in the United States from Nigeria, ending a 12-year regime of
Leadway Unveils Multi-generational Insurance Solution, to Protect Families
Ebere Nwoji Leadway Assurance, has unveiled the Leadway Lifetime Plan, a whole-of-life insurance solution designed to extend financial protection beyond the immediate household to the wider family circle. The plan
Stanbic IBTC Upgrades Transaction Banking Platform
Nume Ekeghe Stanbic IBTC Bank, has said that it has upgraded its transaction banking platform to FinnAxia 9.0, deepening its partnership with Nucleus Software and strengthening its capacity to deliver
emPLE Meets Recapitalisation Requirement, Wins Customer Confidence
Ebere Nwoji emPLE Nigeria, said it has strengthened its capital position thus occupying a space in the list of approved companies on the official website of the National Insurance Commission
Noor Takaful, Noor Health Distribute N427.96m Surplus to Customers
Ebere Nwoji Noor Takaful Insurance Limited, has announced that it distributed a total of N427. 96 million as surplus to participants and enrollees who did not make claims on their
FG Raises N6.49tn from Bond Market in Eight Months to Bridge Deficit
Kayode Tokede Amid high cost of borrowing and rising debt service pressure, the federal government, through the Debt Management Office (DMO), raised an estimated N6.49 trillion via FGN Bond in
Recapitalisation: NAICOM Breaks Age-old Jinx
Ebere Nwoji posits that the successful conclusion of the recapitalisation exercise in the insurance sector, after years of failed attempts, is a plus for the National Insurance Commission The National
Ubah: $50bn Deep Offshore Framework Targets Next Oil Cycle
Jessica Erobomhan The Chief Investment Officer of VNL Capital Asset Management, Dr Ifeanyi Ubah, has said the federal government’s newly approved $50 billion deep offshore investment framework is designed to
OMO Bills Drive N8.09tn Fixed Income Trades in One Week
Nume Ekeghe Open Market Operation (OMO) bills dominated activity in Nigeria’s fixed income market last week, accounting for N6.01 trillion, or about 74 per cent, of the N8.09 trillion total
