Saturday, November 1, 2025
Industry
QatarEnergy Secures 27% Stake in Shell’s North Cleopatra Block Offshore Egypt
QatarEnergy has signed an agreement with Shell plc to acquire a 27% participating interest in the North Cleopatra exploration block,...
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NAMA Pushes for Hike in ₦11,000 Per-Flight Fee, Citing Rising Costs
The Nigerian Airspace Management Agency (NAMA) has reignited its campaign to revise the longstanding ₦11,000 tariff charged to airlines for...
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Insurance recapitalisation plans to be submitted by Sept. 30, 2025 – NAICOM
The National Insurance Commission (NAICOM) has directed all Insurance companies to submit their recapitalisation plans to the commission on or...
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President Tinubu assents to Nigerian Insurance Industry reform bill 2025
President Bola Ahmed Tinubu has assented to the Nigerian Insurance Industry Reform Bill, 2025. Tinubu assented the landmark legislation which...
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Zenith, Access, Wema and five other banks meet CBN recapitalisation requirements
Zenith Bank Plc (NGX: ZENITHBANK), Access Holdings Plc (NGX: ACCESSCORP), and Wema Bank Plc (NGX: WEMABANK) are among the eight...
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Eight commercial banks meet recapitalization requirements – CBN
Eight commercial banks have fully met the recapitalization requirements according to a communique released by the Central Bank of Nigeria...
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List of Banks considering Interim Dividend for H1 2025
Several Banks listed on the Nigerian Exchange will be considering the payment of interim dividend to shareholders for the first-half...
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Renaissance Capital names banks affected by CBN’s dividend payout suspension
The payment of dividends by the Nigerian banking sector is undergoing significant changes, following the Central Bank of Nigeria’s directive...
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President Tinubu sacks Mele Kyari, dissolves NNPC Limited’s Board
President Bola Tinubu has sacked Mele Kyari as the Group Chief Executive Officer (CEO) of the Nigerian National Petroleum Company...
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Access bank Nigeria raises $228 million in Rights Offer
Access Bank Plc, the largest lender in Nigeria by assets, has raised 351 billion naira (approximately $228 million) through a...
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