Economy
Insurance companies: Senate okays bill raising minimum capital base
The Nigerian Senate has passed the Insurance Reform Bill 2024, which raises the minimum capital base for insurance companies operating in the country.
The reform...
NBS reports 26.53 million rural crimes, ₦2.23 trillion in kidnap ransoms
The National Bureau of Statistics (NBS) has revealed that 26.53 million crime incidents were reported in rural households across the country between May 2023...
Seven companies optimistic about after-tax profits
Seven listed companies are optimistic that their first-quarter 2025 after-tax profits will rise to ₦58.9 billion, an analysis by BusinessDay shows.
The companies include: FCMB...
MDAs: Ogun State Assembly calls for accountability in government spending
The Ogun State House of Assembly has called on Ministries, Departments, and government agencies to embrace transparency and accountability in allocating and utilising public...
Shell’s ₦5 billion investment in Bonga North sparks optimism
Shell Nigeria Exploration and Production Company Limited (SNEPCo), a subsidiary of Shell Plc’s recent $5 billion Final Investment Decision (FID) on the Bonga North...
