Economy
Food inflation skyrockets by 60.88%
Despite securing multilateral loans amounting to $3.334 billion (₦5.178 trillion) and attracting over $4.3 billion investments to boost food production, the cost of essential...
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...
