By Yunus Yusuf Falcon Corporation Ltd., an oil and gas firm, has secured an ‘A’ long-term and ‘A1’ short-term corporate credit rating, both with a stable outlook, from Agusto & Co. The rating, by Augsto & Co, a Pan-African credit rating agency. was disclosed by Ms OsamemaContinue Reading
By Muhyideen Jimoh President Bola Tinubu has commended the Bank of Industry (BoI) for disbursing N636 billion to businesses in 2025, the highest annual financing volume in its history. This is contained in a statement by Presidential Spokesperson, Mr Bayo Onanuga, on Thursday in Abuja. Tinubu said the milestone showedContinue Reading
By Taiye Olayemi Universal Insurance Plc says it has met one of the recapitalisation requirements, Minimum Capital Requirement (MCR), under the Nigerian Insurance Industry Reform Act (NIIRA) 2025. This was disclosed in a statement signed by the Company Secretary and Legal Adviser, Universal Insurance, Mr Chinedu Onyilimba, on Wednesday.Continue Reading
By Yunus Yusuf Mr Quadri Fatai, MD/CEO, Alfa Designs Nigeria Ltd.,(middle) during the 2026 Sub-Saharan Africa International Petroleum Exhibition and Conference Chief Executive Officer, Alpha Designs Nigeria Ltd., Mr Quadri Fatai, has urged the Federal Government to prioritise indigenous oil and gas firms with proven capacity andContinue Reading
By Yusuf Yunus An oil and gas expert, Mr Quadri Fatai, has called on regulators to mandate the installation of advanced gas-leak detection cameras across all Compressed Natural Gas (CNG) and Liquefied Petroleum Gas (LPG) facilities in the country. He made the call in an interview with theContinue Reading
By Taiye Olayemi Shareholders of Universal Insurance Plc have approved resolutions authorising the company to raise up to N15 billion in fresh capital to meet the minimum capital requirement set by regulators. The approvals were given at the company’s Extraordinary General Meeting (EGM), according to a statement signedContinue Reading
By Oluwafunke Ishola Dr Mudi Nwachukwu, Founder of the Special Educational Needs & Therapy Empowerment (SENTE), has called for a future where kids with special needs grow into independent and working adults. Nwachukwu, in a statement on Sunday in Lagos, ahead of the SENTE Conference and Trade Fair,Continue Reading
By Rukayat Moisemhe The Bank of Industry (BoI) has secured regulatory approval from the Central Bank of Nigeria (CBN) to operate a Non-Interest Banking (NIB) Window. Announcing the milestone on Sunday in Lagos via a statement, Managing Director, BoI, Dr Olasupo Olusi, said the development marked a significant milestoneContinue Reading
Institute of Chartered Accountants of Nigeria (ICAN) has reaffirmed its commitment to revitalising Nigeria’s economy through policy advisory support, youth engagement and sustainable development initiatives. The President of ICAN, Malam Haruna Yahaya, disclosed this on Thursday in Lagos at the institute’s 20th Western Zonal Conference. Stakeholders at the event deliberatedContinue Reading
By Taiye Olayemi The Nigerian Exchange (NGX) Group on Wednesday honoured the Inspector-General of Police (IGP), Mr Kayode Egbetokun, at its closing gong ceremony in Lagos. The recognition, according to the NGX Group, formed part of efforts to strengthen the fight against financial crimes and boost investor confidence inContinue Reading
