By Taiye Olayemi UAC of Nigera reported a 39 per cent decline in profit for the 2025 financial year to N9.91 billion, down from N16.31 billion recorded in 2024. This is according to the company’s audited financial statements for the year ended, Dec. 31, 2025, as released to theContinue Reading
By Taiye Olayemi Nike Popoola, Publisher of Daily Economy, has chronicled the transformation of Nigeria’s insurance industry over the past 20 years in a newly unveiled book. The book, titled “Trends in Nigeria’s Insurance Industry (2005 to 2025) and Selected Insurance Icons” was unveiled in Lagos in an event, whichContinue Reading
By Taiye Olayemi The Nigerian Exchange Group Plc (NGX Group) has reaffirmed the organisation’s commitment to promoting high standards of corporate governance in collaboration with the Chartered Institute of Directors Nigeria (CIoD). Chairman of the NGX Group, Dr Umaru Kwairanga, made this known at the unveiling of the CIoD 2026Continue Reading
By Grace Alegba Small and Medium Enterprises (SMEs) have been urged to embrace Artificial Intelligence to boost efficiency, profitability and customer engagement at a FirstBank SMEConnect webinar. The virtual event, with the theme ‘Business Growth: From Adoption to Integration and Scalable Impact’, was convened in Lagos by First Bank ofContinue Reading
By Vivian Emoni Abuja, March 31, 2026 (NAN) The Minister of Livestock Development, Mr Idi Maiha, has advocated stronger support and investment to transform Nigeria’s livestock sector. Maiha spoke at the National Stakeholders Roundtable on Transforming the Livestock Sector in Abuja on Tuesday. The event had as its theme: “ImprovingContinue Reading
By Fatima Mohammed-Lawal The Standards Organisation of Nigeria (SON) has urged manufacturers in Nigeria to prioritise production of standard products in the country. The Director-General (D-G) of SON, Dr Ifeanyi Okeke, made the call on Tuesday in Ilorin during the Product Listing for the Green Conversion and Assembly Limited (G-CAL)Continue Reading
By Taiye Olayemi The Nigerian Exchange Group (NGX) has partnered with the Asagba of Asaba, Prof. Epiphany Azinge, to unlock investment opportunities for economic development in Delta. The collaboration was highlighted during the NGX Closing Gong Ceremony in Lagos, held in honour of the traditional ruler and to mark theContinue Reading
By Nana Musa Former Minister of Finance, Mrs Kemi Adeosun has inaugurated Nidacity, a platform providing Nigerian entrepreneurs with education, mentorship and business intelligence to build resilient enterprises. Adeosun made this known in a statement by the Chief Operating Officer (COO) of Nidacity, Oluwadamilola Oguntimoju, on Tuesday in Abuja. SheContinue Reading
By Lucy Ogalue The Federal Government plans to disburse over N1 billion to Micro, Small and Medium Enterprises (MSMEs) under the 2026 National MSME Awards. The Senior Special Adviser to the President on Job Creation and MSMEs, Temitola Adekunle-Johnson, disclosed this at a media briefing in Abuja on Tuesday. Adekunle-JohnsonContinue Reading
Bond By Constance Athekame The Federal Government’s N501.02 billion bond issuance has been described as a major milestone in Nigeria’s power sector reform agenda aimed at addressing longstanding liquidity challenges. Mr Bolaji Tunji, Special Adviser on Strategic Communications and Media Relations to the Minister of Power, Mr Adebayo Adelabu, saidContinue Reading
