CATEGORY
Markets
Banks Income from Treasury Bills Hit N798.37bn on Rising Rates Â
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Nigeria’s largest banks are enjoying juicy yields presented on a platter of Gold by a central bank hiking interest rates to stabilise prices as...
Nigerian Insurers hit by Weak Underwriting Results as Claims Inflation Bites
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Nigeria’s big insurers reported higher combined ratio for 2022 as high inflation, rising interest rates, and spiraling costs led to lower underwriting results as...
Lafarge Africa Profit Slips on Pioneer Tax Relief Expiration
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Lafarge Africa has seen a 14.9% contraction in its Net Income for the first quarter (Q1) of 2023 due to higher tax expense, compared...
Heirs Insurance Announces Senior Leadership Appointments and Corporate Name Change
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Heirs Insurance companies – Heirs General Insurance Limited (formerly Heirs Insurance Limited), and Heirs Life Assurance (HLA) - have announced appointments to their senior...
Seyi Tinubu Bought $11m London Property Buhari Wanted to Seize for Corruption – Bloomberg
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A firm belonging to Seyi Tinubu the son of Nigeria’s president-elect bought an $11 million London mansion that his predecessor’s government was seeking to...
Nigeria’s PH Refinery Misses Restart Timeline After $1.5bn Rehabilitation Contract
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The first phase of a project to rehabilitate Nigeria's 210,000 b/d Port Harcourt (PH) refinery, which had been slated for completion in April this...
Bus Evacuating Nigerians From Sudan Catches Fire
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One of the buses conveying stranded Nigerians from the capital of Sudan, Khartoum to Port Sudan where they will move into Saudi Arabia caught...
Federal Government Unable to Pay Salaries Beyond June 2023 , Says Obaseki
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...without removing fuel subsidy, massive money printing
…pledges to sustain reforms to better workers’ welfare, improve livelihoods
The Edo State Governor, Mr. Godwin Obaseki, on Monday,...
The Economist: Dismantle Trade Barriers to Sustain Growth, Dangote Urges African Countries
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…Commits over $20bn to Pan-African Investments
Africa’s foremost entrepreneur and President of the Dangote Group, Aliko Dangote has urged African countries to dismantle all economic...
The Fight Against Money Laundering: Machine Learning, a Game Changer
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Institutions require Anti-Money Laundering (AML) specialists, top-tier data science talent, and trustworthy data sources to fully reap the benefits of machine learning and advanced...