Union Bank Honoured by ASBON at Nigeria National SME Business Awards
BY NGOZI ONYEAKUSI Union Bank of Nigeria has reaffirmed its reputation as a strong supporter of Nigerian businesses, receiving the Best SME Growth Banking Initiatives Award for 2025 from the…
Fidelity Bank’s gross earnings rise by 45%, shareholders’ funds surpass N1trn mark
BY NGOZI ONYEAKUSI Fidelity Bank Plc has reported a 45 percent increase in gross earnings for the 2025 financial year, as the lender’s shareholders’ funds crossed the N1 trillion mark…
CBN order: Four banks release 321,181 dormant accounts
CBN Governor, Olayemi Cardoso Four banks have published details of no fewer than 321,181 dormant accounts following a directive by the Central Bank of Nigeria, The PUNCH comes as economic…
W’Bank warns prolonged oil shock may worsen food insecurity
The World Bank has warned that a prolonged surge in oil prices triggered by escalating conflict in the Middle East could worsen food insecurity across developing economies, as higher energy…
Tinubu: Nigeria to spend $11.6b on debt servicing this year
Nigeria will spend $ billion on debt servicing this year, President Bola Ahmed Tinubu said yesterday in Nairobi, Kenya. The amount is half of the projected revenue for this year.…
Nigeria meets 99.2% of OPEC crude oil production in April
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has revealed that in April 2026, Nigeria met per cent of its Organisation of Petroleum Exporting Countries (OPEC) crude oil production quota of…
Avoiding the coming deaths in 2027 elections
Owhoko By Michael Owhoko, Inevitable deaths are in the offing in 2027. Those familiar with Nigeria’s electoral mythology, history and patterns, know that 2027 general elections will be a harbinger…
Organiser reschedules MediaConsortium CSR Impact and Excellence Conference
BY NGOZI ONYEAKUSI MediaConsortium, a marketing, brands and business publication has announced the postponement of its CSR Impact and Excellence Conference. The event earlier scheduled for Friday, May 15, 2026…
AIICO Insurance GPW Soars To ₦191.7 bn
BY NGOZI ONYEAKUSI AIICO Insurance Delivers Stellar FY 2025 Results, Solidifying Position as Nigeria's Premier Insurer In a year filled with economic twists and turns—like rising prices and global uncertainties—AIICO…
Nigeria Mortgage Refinance Lists ₦11.50bn B Fixed Rate Bond on FMDQ
BY NGOZI ONYEAKUSI The Nigerian debt capital market continues to experience growth, driving economic expansion, and expanding access to capital through enhanced liquidity, transparency, and price discovery. Reflecting this progress,…
Heirs Insurance Introduces Nigeria’s First Multi-Language GenAI Assistant
BY NGOZI ONYEAKUSI Heirs Insurance Group, Nigeria’s fastest-growing insurance group, has announced the launch of its multi-language generative AI assistant, Prince AI, marking a major milestone in its digital transformation…
Leadway Assurance, FRSC Collaborate to Reward Safety-Compliant Motorists Through ‘Arrive Alive Campaign’
BY NGOZI ONYEAKUSI L–R: Team Lead, Reinsurance, Specialty Risk & Global Client Services, Leadway Assurance, Lawal Bello; Acting Chairman, Kosofe Branch B/PRO, Biode Motor Park, Ojota, Comrade Adewale Olawale; Lagos…
Insurance Week Kicks Off May 18th 2026… CIIN
BY NGOZI ONYEAKUSI CIIN President, Ilori The President/Chairman of the governing council, Chartered Insurance Institute of Nigeria (CIIN), Mrs Yetunde Ilori today announced the commencement of Insurance Week, which kicks…
Rising sovereign debt signals growing fiscal strain –LCCI
LCCI DG, Chinyere Almona The Lagos Chamber of Commerce and Industry (LCCI) has raised concerns over Nigeria’s escalating public debt, warning that it reflects increasing fiscal pressure on the economy…
NAICOM, NPF Partner on NIIRA Implementation, Industry Reforms
BY NGOZI ONYEAKUSI L-R Mr Olusegun Ayo Omosehin; Commissioner for Insurance National Insurance Commission and Mr. Olatunji Disu; Inspector General of Police. The Executive Management of the National Insurance Commission…
MAN pushes for clear, efficient execution of naira-for-crude deal
The Manufacturers Association of Nigeria (MAN) has called on the Federal Government to ensure full transparency in the domestic pricing framework under the Naira-for-Crude policy. Speaking in Lagos, the Director-General…
Zenith Bank Appoints Mustafa Bello As Chairman
BY NGOZI ONYEAKUSI Zenith Bank Plc has announced the appointment of Engr. Mustafa Bello as the Chairman of its Board of Directors. The appointment, which takes immediate effect, has been…
NLNG Ignites Creative Storytelling with 98 Entries for The Nigeria Prize for Creative Arts Maiden Edition
BY NGOZI ONYEAKUSI A total of 98 entries were received at the close of submissions for the maiden edition of The Nigeria Prize for Creative Arts, which closed on Thursday.…
NAICOM, ECOWAS Council Partner To Depeen Collaboration Across Insurance value chain
BY NGOZI ONYEAKUSI L-R. Amb Allie E Bangura (Chairman Sierra Leone) Mr. Olusegun Ayo Omosehin (Commissioner for Insurance National Insurance Commission) and Winfred K Dodzih (Permanent General Secretary ECOWAS Brown…
emPLE Nigeria Settles Over N7bn In 2025
BY NGOZI ONYEAKUSI emPLE, one of Nigeria’s rapidly growing insurance companies, has announced total claims payouts of over N7 billion in 2025, reaffirming its commitment to empowering individuals, families, and…
