News
Atiku Condemns $4.5bn NNPCL Refinancing, Says It’s Mortgaging Future of Nigerians
Chuks Okocha in Abuja Former Vice President and presidential candidate of African Democratic Congress (ADC), Atiku Abubakar, has condemned the approval of $4.5 billion by the National Economic Council (NEC)
Yellow Card Secures $40m Funding to Strengthen Global Expansion
Emma Okonji Yellow Card, a global stablecoin infrastructure provider, has successful closed a $40 million strategic funding round, with investment from SC Ventures by Standard Chartered, Sony Innovation Fund, Polychain
NUPRC: $50bn Investments Expected from 22 Offshore Oil Projects by 2030
•Says infrastructure deficit undermining Africa’s potential Emmanuel Addeh in Abuja The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) yesterday said that 22 major offshore projects are expected between 2026 and 2030
Access Holdings Deepens Sustainable Finance Impact, Expands Green Assets to N92bn
Access Holdings Plc has published its Sustainability Report for the year ended December 31, 2025 on the Nigerian Exchange Limited, demonstrating how the Group is translating sustainability commitments into measurable
NSE Team Tours Azikel Refinery, Eruani Explains Delayed Take-off
• Group’s president says total investment now $1bn Olusegun Samuel in Yenagoa Nigerian Society of Engineers (NSE), Bayelsa State Branch, has described the nearly completed Azikel Refinery as a world-class
Anchor Insurance successfully recapitalise, surpasses minimum threshold
By Rosemary Iwunze The Management of Anchor Insurance Company Limited has officially announced that the Company has successfully met the recapitalisation requirements of the National Insurance Commission (NAICOM) under the
Rex Insurance successfully meets new minimum capital requirement
By Rosemary Iwunze Rex Insurance Limited has successfully met the new minimum capital requirement prescribed by the National Insurance Commission (NAICOM) under the Nigerian Insurance Industry Reform Act (NIIRA) 2025,
Leadway unveils ‘Leadway PFA’ as unified brand following successful consolidation journey
…Marks new era of pension administration, managing N3tr in assets By Rosemary Iwunze Following the successful operational integration of Leadway Pensure and PAL Pensions, Leadway Holdings has officially unveiled Leadway
AIICO retains composite licence without capital raise, posts solid Q2 performance
By Rosemary Iwunze AIICO Insurance Plc has received a new operational licence from the National Insurance Commission (NAICOM), confirming its full compliance with the recapitalisation requirements introduced under the Nigerian
Mutual Benefits meets NAICOM recapitalisation milestone, strengthen industry leadership position
By Rosemary Iwunze Mutual Benefits Assurance Plc and Mutual Benefits Life Assurance Ltd have achieved another significant regulatory milestone following their inclusion among the 43 insurance and reinsurance companies that
