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The Economics of Nigeria’s Kidnap Industry

By SBM INTELLIGENCE One of the major highlights of Nigeria’s instability caused by the abysmal state of security is the strength and growth of the...

APC Filed Controversial Suit Against Atiku, Tambuwal Using Wike’s Name – Ayu

The National Chairman of Peoples Democratic Party (PDP), Senator Iyorchia Ayu said the All Progressives Congress (APC) sued the party and its 2023 presidential...

IEA Cuts Nigeria’s Sustainable Oil Output Capacity

The International Energy Agency (IEA) has cut Nigeria’s sustainable oil output by about 200,000 barrels per day (bpd), the agency said in its July...

Growth of Conglomerates Like BUA Group Evidence of Our Policies Working – Buhari

Leading Nigerian Businessman, Industrialist, and Philanthropist, Abdul Samad Rabiu, paid a visit to President Muhammadu Buhari in Abuja, to update him and to thank...

Nigerian Firms Step up Capital Spending Despite Macroeconomic Concerns

Nigerian companies are investing in new assets, a move that is encouraging to investors who fret that deteriorating consumer purchasing power, foreign exchange scarcity,...

Wike Disowns Suit Against Atiku’s Candidacy

Rivers State Governor, Mr Nyesom Wike has distanced himself from a purported suit said to have been filed by him seeking the removal of...

NEM Insurance Net Income Soars 25% on Solid Underwriting Performance

NEM Insurance Plc has recorded strong underwriting results in a complex environment as the insurer has a solid capital base to absorb macroeconomic shocks. Overall,...

BridgeGap Introduces Innovative App, 56 Bridge, to Ease Recruitment Processes, Improve Efficiency

In line with its vision of streamlining human r​​esource functions and processes in the workplace, BridgeGap has launched 56 Bridge, a recruitment app which will...

MTN Nigeria Has Highest Ebitda Margin Among African Peers

MTN Nigeria has generated more profit from operations than African peers even amid a difficult environment as the company’s cost control measures continue to...

Julius Berger Posts Record Profit on Uptick in Construction Activities

Julius Berger Nigeria Plc has posted record profit on the back of acceleration in construction activities, and the proposed capital expenditure spend by the...

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