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KBL Insurance Limited has paid over N5 billion in claims, showcasing its commitment to customer service. The company is also advancing its recapitalisation plans to strengthen its operations.
Insurance companies are urging the National Insurance Commission (NAICOM) to expedite capital verification as the recapitalisation deadline approaches. They are concerned about meeting the requirements within the remaining 81 days.
Malabu oil firm has received permission to review its case against the Federal Government regarding OPL 245. The matter has been adjourned until June 11 for further proceedings.
Brands are exploring innovative promotional gifts for conferences and corporate events in 2026. This trend aims to enhance audience engagement and brand visibility.
Malaysia is set to showcase business opportunities for Nigerians and others at the upcoming 2026 Trade Fair. The initiative aims to expand Malaysia's economy, currently valued at $3.5 trillion.
Roy Murray-Bruce has been appointed as the new Chairman of Silverbird Group, succeeding Ben Murray-Bruce. His extensive experience is expected to guide the conglomerate's future direction.
The SWAN is mobilizing agencies and stakeholders to combat illicit trade in the spirits and wines sector. This initiative aims to address regulatory weaknesses and the impact of smuggling on the market.
Closeup has launched the 'Everybody Go Chop Promo,' which aims to reward Nigerians with ₦500 million. This initiative celebrates everyday moments and encourages confidence among people.
VivaJets has called on African leaders at the Africa CEO Forum 2026 to enhance mobility across the continent. The company emphasizes the importance of improving aviation services for better connectivity and economic growth.
GAMMA TECH is set to bring together key stakeholders in various sectors to discuss Africa's connectivity and trade. The event aims to enhance the continent's global competitiveness.
Tatum Bank has reported a profit of N1.7 billion and is looking to enhance its partnership with Lagos State. The bank aims to contribute to the economic growth of the region as it solidifies its presence in Nigeria's banking sector.
SpaceX is preparing for its initial public offering, which is expected to be the largest in Wall Street history. The IPO could launch next month under the ticker symbol SPCX.
UBA has launched a healthcare investment platform aimed at the Nigerian diaspora in the US. This initiative will position UBA as the custodian and structuring bank for healthcare investments.
Dangote Refinery has garnered over $2 billion in private placement interest for its IPO. This move aims to broaden ownership of Africa's largest refinery among retail investors.
DLM Securities has introduced a 10% cashback loyalty benefit for investors on annual commissions. This initiative aims to strengthen long-term relationships and promote shared prosperity.
DLM Securities has introduced a 10% annual cashback loyalty benefit for its investors, aiming to foster long-term relationships and enhance investor satisfaction. This initiative highlights the company's commitment to shared prosperity in the investment market.
Segilola Resources Operating Limited won three awards at the inaugural Solid Minerals Excellence Awards. This recognition highlights the company's significant contributions to Nigeria's mining sector.
Dr. Taiwo Afolabi, Chairman of SIFAX Group, has urged African businesses to focus on creating large, sustainable corporations that can compete on a global scale. He emphasizes the need to move away from small-scale operations to enhance competitiveness.
Seplat Energy Plc has launched a five-year strategic plan to increase oil production to 500,000 barrels per day and aims to distribute $1 billion in dividends to its shareholders. This initiative follows the successful integration of Mobil Producing Nigeria Unlimited.
Foreign investors and local banks are looking to acquire majority stakes in Nigerian insurance firms as the recapitalisation deadline approaches. This interest highlights the growing confidence in Nigeria's insurance sector.
Travellers are expressing frustration as major Nigerian airlines increase their base fares to over N200,000. The fare hikes from Air Peace, Ibom Air, and United Nigeria Airlines have sparked complaints among passengers.
Pipeline Infrastructure Nigeria Limited (PINL) has empowered 1,000 women in Bayelsa by providing each with N250,000. This initiative aims to strengthen household incomes and support local communities.
Lagos State has been recognized as the top state in Nigeria for ease of doing business. This achievement highlights its ambition to become Africa's leading commercial hub.
KBL Insurance has paid over N5 billion in claims to policyholders in the last 16 months, demonstrating its commitment to customer service. The company is also working on its recapitalisation programme to strengthen its financial position.
Asharami Synergy is enhancing its aviation fuel operations across Africa by modernizing infrastructure and leveraging digital technology. This expansion aims to improve service delivery and operational efficiency in the aviation sector.
Accion Microfinance Bank has disbursed over N350 billion in loans to more than 500,000 customers in the past 20 years. This achievement highlights the bank's commitment to supporting financial inclusion in Nigeria.
Seplat Energy Plc has announced a commitment to distribute $1 billion in dividends to its shareholders over the next four to five years. This move highlights the company's strong financial outlook and dedication to rewarding its investors.
Rank Capital has been recognized as the 7th fastest-growing fintech in Africa and the 6th in Nigeria. This achievement highlights the company's significant growth and impact in the financial technology sector.
Visa has launched six new tools to modernize the dispute resolution process, aiming to reduce costs and complexity. This initiative reflects a significant step towards improving digital payment systems.
LG Electronics is enhancing energy efficiency in Nigerian households with its advanced inverter-powered refrigerators. This initiative aims to support smarter living and meet the growing energy needs of consumers.