By Taiye Olayemi Universal Insurance Plc has outlined plans to focus on digital innovation, product expansion and stronger partnerships in 2026 as part of efforts to enhance its revenue base. The Managing Director of Universal Insurance, Dr Japhet Duru, disclosed this during the firm’s 2026 Annual Thanksgiving and PrayerContinue Reading
By Grace Alegba Nigeria’s economy is stabilising but remains fragile, requiring sustained reforms to unlock its full potential, says Dr Yemi Kale, Afreximbank’s Chief Economist. Kale spoke on Tuesday at the Nigeria Economic Outlook 2026 hybrid event organised by FirstBank in Lagos. The event was themed ‘The Great Calibration: MasteringContinue Reading
By Grace Alegba The Managing Director of First Bank of Nigeria Ltd., Mr Olusegun Alebiosu, says Nigeria is entering 2026 with stronger economic momentum as reforms begin to stabilise markets, lift investor confidence and unlock new growth opportunities. Alebiosu spoke on Tuesday at the Nigeria Economic Outlook 2026, a hybridContinue Reading
By Constance Athekame The Nigerian Electricity Regulatory Commission says electricity distribution companies collected N570.25 billion in the third quarter of 2025, reflecting improved revenue performance across the power sector nationwide during the reporting period. NERC said the amount was collected from N706.61 billion billed to customers, indicating substantial recovery ofContinue Reading
LOTUS Bank appoints Ajani-Lawal as new chief executiveContinue Reading
By Kadiri Abdulrahman Nigeria Revenue Service (NRS) says its replacement with the defunct Federal Inland Revenue Service (FIRS) will overhaul the architecture of the country’s revenue administration. The Executive Chairman of NRS, Dr Zacch Adedeji, said this in a television interview monitored from Abuja. The News Agency of Nigeria (NAN)Continue Reading
By Grace Alegba, News Agency of Nigeria (NAN) As Nigeria started the implementation the 2026 tax reforms, millions of low-income workers, small business owners, and everyday Nigerians are watching closely. The Nigerian Tax Act and the Nigerian Tax Administration Act, two of the four laws collectively known as theContinue Reading
By Taiye Olayemi The pension industry is undergoing one of its most significant reform phases since the introduction of the Contributory Pension Scheme. It is driven by tougher regulation, expanded coverage efforts and renewed confidence among retirees. Central to the reforms is Pension Revolution 2.0, which the National PensionContinue Reading
By Taiye Olayemi The Nigerian stock market opened the week upbeat, gaining N1.869 trillion as market capitalisation soared to N101.806 trillion, boosting investor portfolios. The positive trend was driven by sustained investor interest in heavyweight stocks such as Cadbury, Abbey Mortgage Bank, Fidson, Champion Breweries, FTN Cocoa Processors and 68Continue Reading
By Grace Alegba The Naira on Monday opened the week with further appreciation against the U.S. dollar at the official market trading at N1,429.30. According to data released on the official website of the Central Bank of Nigeria, the Naira gained N1.54. This represents a 0.1 per cent gain whenContinue Reading
