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Nigerian government defends sugar masterplan, bans importation of refined sugar from Free Trade Zones

Onome Amuge   The Nigerian government has issued a prohibition on the importation of refined sugar and its derivatives from…

Contactless payments expected to hit $1.6tn by 2024

Zainab Iwayemi   As consumers worldwide started avoiding cash for fear of spreading the virus, contactless payments technology has received…

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FG dismisses World Bank’s report on Nigeria’s electricity consumption

Wale Ameen Online Editor   The Federal Government has dismissed with a wave of hand the recent World Bank's report…

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Veritas Kapital Assurance introduces no-broker-required WhatsApp platform for swift transactions

Zainab Iwayemi   In a bid to further the company’s mission with the aim of putting insurance at the fingertips…

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BUA debunks N300 cement price hike, accuses retailers of exploiting demand surge

Onome Amuge   West Africa’s top cement producer, BUA Cement Plc, has refuted claims of a purported  increase in the…

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NAICOM, Federal Fire Service enforce compulsory public building insurance

Zainab Iwayemi National Insurance Commission, NAICOM alongside the Federal Fire Service has resolved to commence the enforcement of compulsory public…

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Increasing cyber risk pose bigger challenge for insurers

Zainab Iwayemi   As underwriters reported substantially higher segment claims losses in 2020 compared to the years before, property and…

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Insurers positioning better for digital transformation

Zainab Iwayemi Over time, insurance providers have transformed in terms of their products, culture, and organisational structure through a gradual…

New gas deal to boost Nigeria’s 1.2 tcf

…GDA, Nigeria’s first agreement separating gas development from oil production   Ben Eguzozie, in Port Harcourt   A new gas commercialization…

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AXA Mansard Pension rebrands, changes name to Tangerine Pensions Limited

Zainab Iwayemi   AXA Mansard Pensions Limited has announced a rebrand and change of name to Tangerine Pensions Limited after…

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