Business and Economy

According to World Population Review, here are the Top10 African countries with the lowest population in 2024: Seychelles – Population: 108,263 – Global Rank: 197th Seychelles takes the top spot for the African country with the lowest population. Despite its small size, Seychelles is known for its stunning beaches . . .

Barely 24 hours after slashing the rate, the Central Bank of Nigeria (CBN) on Saturday morning raised the exchange rate for computing Customs duties at the nation’s seaports by 1.4 per cent. Customs duties rate is now benchmarked against the exchange rate of the Naira to the dollar and therefore would be subject to constant […]

By Martins Azuwike Following the sudden demise of its Group Chief Executive Officer, Dr Herbert Wigwe in a chopper crash in California, US at the weekend, the Board of the Holding company, on Monday, announced

By: Martins Azuwike The Nigeria Deposit Insurance Corporation (NDIC) at the weekend said it was in partnership with the Central Bank of Nigeria (CBN) to pragmatically deal with possible risks in the country’s banking system. Bello Hassan, the Managing Director, NDIC, disclosed this at a stakeholders retreat by the . . .

Image: Inspenonline By Martins Azuwike Insurance industry practitioners recently gathered at the Nigeria Insurers Association, NIA’s Multipurpose Hall in Lagos for the maiden edition of IFRS 17 Insurance Industry Roundtable -Series 1. Held by Mettlehouse Consulting Limited, participants, faculties, panel discussants, guests and the press attended the Roundtable workshop on financial reporting

The CEO and group chief executive officer of Access Holdings Plc, Hubbert Wigwe was involved in a helicopter crash in the United States on Friday. Wigwe, his wife, and son were in the helicopter when it crashed in California near the Nevada border, as were Abimbola Ogunbanjo, the former Group . . .

The Nigerian National Petroleum Company (NNPC) Ltd. has assured the public that there is no imminent increase in the cost of Premium Motor Spirit (PMS), commonly known as petrol. This is on the backdrop of queues seen at different fuel stations across the country, especially in Lagos, Ogun, Edo and Delta State. However, the state-owned […]

The Nigerian National Petroleum Company Limited has began the production of 14,000 barrels per day (bpd) of crude from offshore Akpo West Field. In a statement by the Chief Corporate Communications Officer, NNPC Ltd, Olufemi Soneye, explained that the milestone was the result of meticulous planning, strategic collaboration, and unwavering dedication from all stakeholders involved […]

A penalty shoot-out proved the deciding factor in a dramatic AFCON semi-final clash between Victor Osimhen’s Nigeria and South Africa. The Napoli striker managed to recover from a brief bout . . .

Hamas has proposed a four-and-a-half month-long ceasefire plan in Gaza under which all hostages would be released, but which includes “non-starters” for Israel including an end to the war, a former Israeli negotiator has warned. The Hamas proposed 135-day Gaza truce comprises three phases lasting 45 days each, according to a draft document seen by […]

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