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Leadway, AIICO, Consolidated Hallmark, Solvency Ratios Remain Strong

The five largest insurers in Africa’s most populous nation continue to be well capitalised relative to risk taken as their solvency ratios are in...

Kidnap of Catholic Priests: Edo Acting Gov Meets Security Chiefs

The Edo State Acting Governor, Rt. Hon. Comrade Philip Shaibu, on Monday, said the government is strengthening its security architecture and reviewing strategies to...

PZ Cussons Surmounts Dollar Scarcity as Profit Surges

PZ Cussons Plc has overcome the dollar scarcity causing menacing pains to manufacturers in Africa’s largest economy as earnings surged, but the soap-maker still...

Nigerian Army Donates 4,402 Text Books to Three Primary Schools in Nasarawa

Nathaniel Gbaoron, Lafia The 4 Special Forces Command of the Nigerian army Doma, Nasarawa State has donated 4,402 text books to 2,490 pupils in Doma...

Falling Corporate Cash Flows Could Signal Problems Ahead

Nigerian companies have seen net cash flows from operating activities deteriorate, which validates a fragile economy. The irony is that they are selling but the...

Kwankwaso Insists On Being Presidential Candidate Of NNPP/LP Merger

Rabiu Kwankwaso, the Presidential candidate of the New Nigeria People’s Party (NNPP) said accepting to be running mate would lead to the collapse of...

Nigerian Firms Take Tentative Steps to Ramp up Capital Expenditure

Nigerian firms are gradually increasing capital expenditure, thanks to higher replacement cost of assets brought on by inflationary pressures, currency devaluation and a gradual...

US Senators Demand Relisting Nigeria on Religious Freedom Concern List

Five United State Senators – Josh Hawley (R-MO), Marco Rubio (R-FL), Mike Braun (R-IN), James M. Inhofe (R-OK) and Tom Cotton (R-AK) – have...

AIICO Insurance Profit Margin Bounces Back From Pandemic Lows

AIICO Insurance Plc has overcome the coronavirus crisis that disrupted business activity across the country as it recorded the highest profit margin in more...

Lagos Only City that Funds Rail Projects on Its Own – Deputy Governor

Lagos State, beset by an infrastructure crisis, is the only city in the world that funds rail projects on its own, according to deputy...

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