The Nigerian Exchange Ltd(NGX) has lifted the suspension on trading in Universal Insurance Plc’s shares. This development, which became effective on Wednesday, September 3, 2025, now enables shareholders to resume trading of the company’s shares on the NGX platform. The suspension ...
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Vitapur Nigeria’s Innovation Hub Set To Revolutionise Household Products
A subsidiary of Vitafoam Nigeria Plc, Vitapur Nigeria Limited, has restated its commitment to sustainable development in the manufacturing industry with the launch of its innovation hub that will produce ozone-friendly polyurethane for rigid foam manufacturing. This initiative, supported by ...
Read More »Nigeria’s Foreign Reserves Rise To $41bn, Highest Since 2021
Buoyed by increasing foreing exchange inflows into the country, Nigeria’s foreign exchange reserves has hit $41.046 billion as at August 20, 2025, according to latest data released by the Central Bank of Nigeria (CBN), the highest it has been since ...
Read More »SiBAN, Roqqu Partner Over Blockchain Adoption In Nigeria
The stakeholders in Blockchain Technology Association of Nigeria (SiBAN) have entered into a strategic partnership with Roqqu, a leading African digital finance and blockchain solutions provider. The partnership, which follows Roqqu’s admission as a corporate member of SiBAN, is expected ...
Read More »itel Enters Nigeria’s Renewable Energy Market
itel Energy, a subsidiary of the itel brand, is making a bold play in Nigeria’s fast-growing renewable energy sector, unveiling new solar solutions designed to transform how homes and businesses access uninterrupted power. The company introduced two new All-in-One (AIO) ...
Read More »Tinubu Unveils New 40,000CBM NNPC/Sahara LPG Vessel
President Bola Ahmed Tinubu on Monday inaugurated the newest addition to Nigeria’s liquefied petroleum gas (LPG) fleet, the 40,000 cubic meters (CBM) vessel named “MT Iyaloja (Lagos),” in Ulsan, South Korea. The vessel, owned by WAGL Energy Limited — a ...
Read More »Telecom Operators Plan $1bn Investments In Networks By 2025 –NCC
The Nigerian Communications Commission (NCC) has announced that telecom operators in the country will invest more than $1 billion in expanding and upgrading their networks before the end of 2025. The Commission said this investment is a direct result of ...
Read More »Nigeria’s Economy Stable, Now Needs Growth — Okonjo-Iweala
Director-General of the World Trade Organisation (WTO), Dr. Ngozi Okonjo-Iweala has declared that the Nigerian economy has achieved stability under President Bola Tinubu’s administration. Okonjo-Iweala however noted that the administration must now shift focus to achieving growth and expanding social safety nets ...
Read More »AXA Mansard Health, PalmPay Collaborate On Digital Insurance
AXA Mansard Health and PalmPay have partnered to provide millions of Nigerians with affordable, accessible digital health insurance. This strategic partnership enables PalmPay users to access a range of health insurance packages directly from AXA Mansard within the PalmPay app. ...
Read More »Dangote Refinery Takes Delivery Of CNG Trucks For Fuel Distribution Initiative
Dangote Petroleum Refinery & Petrochemicals has commenced receiving 4,000 compressed natural gas-powered trucks, an integral part of its fuel distribution logistics programme. The initiative, set to start on August 15, aims to transform the fuel distribution landscape within Nigeria by ...
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