By Taiye Olayemi Nigerian insurance industry has recorded a gross written premium of N1.562 trillion in the 2024 financial year. Mr Kunle Ahmed, Chairman, Nigerian Insurers Association, disclosed this during the 54th Annual General Meeting of the Nigerian Insurers AssociationContinue Reading
By Muhyideen Jimoh President Bola Tinubu has signed four landmark tax reform bills into law, marking what he called a bold new era of economic governance. The brief ceremony was held on Thursday at the State House, Abuja, with the leadership of the National Assembly led by Senate President GodswillContinue Reading
By Rukayat Moisemhe The outgoing President, Institute of Chartered Secretaries and Administrators of Nigeria (ICSAN), Mrs Funmi Ekundayo, has projected a positive economic outlook for Nigeria. This, Ekundayo said, was due to government’s macroeconomic reforms. She said this during her valedictory media parley on Wednesday in Lagos. Ekundayo noted thatContinue Reading
By Okeoghene Akubuike The African Export-Import Bank (Afreximbank) commenced its 32nd Annual Meetings, themed “Building the Future on Decades of Resilience” in Abuja on Wednesday. In his welcome note, Prof. Benedict Oramah, President of Afreximbank, said that the meetings would provide a platform for dialogue and a roadmap for action,Continue Reading
By Lucy Ogalue The Minister of State for Industry, Sen. John Enoh, says Nigeria’s sugar industry must meet its domestic production target in line with the objectives of the National Sugar Master Plan (NSMP). Enoh made this known during a high-level stakeholders’ meeting on Wednesday in Abuja. The National SugarContinue Reading
By Joan Nwagwu The Nigeria Employers Consultative Association (NECA) says President Bola Tinubu’s reforms in the economic sector align with the desires of the Organised Private Sector(OPS). Mr Adewale-Smatt Oyerinde, the Director General of NECA said this on Wednesday in Abuja, at the 2025 edition of the Employers Summit, organisedContinue Reading
Okeoghene Akubuike Africa recorded a growth rate of 3.2 per cent in 2024, in spite of the challenging global environment, says Afreximbank Research Report. Dr Yemi Kale, Group Chief Economist, Afreximbank, disclosed this while presenting the 2025 African Trade and Economic Outlook (ATEO) Report at the Afreximbank 32 Annual MeetingsContinue Reading
By Taiye Olayemi The Nigerian stock market closed on a positive note Wednesday, adding N1.185 trillion to its value. Market capitalisation surged by 1.57 per cent to reach N76.761 trillion, up from N75.576 trillion recorded on Tuesday. Similarly, the All-Share Index (ASI) rose by 1,466.87 points, or 1.22 per cent,Continue Reading
By Raji Rasak The Seme Command of the Nigeria Customs Service (NCS) generated N3.5 billion in revenue between January and May. The Controller of the command, Dr Benedict Oramalugo, disclosed this during a working visit of the Zonal Coordinator of the NCS, Zone A, ACG Charles Orbih to the command.Continue Reading
By Taiye Olayemi The National Insurance Commission (NAICOM) has urged actuaries to design effective risk management strategies and develop products that meet society’s evolving needs. Mr Olusegun Omosehin, Commissioner for Insurance and Chief Executive Officer of NAICOM,Continue Reading
