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Category : Business & Economy

FinanceInsurance digestMetro news

4m Lagosians to benefit from flood insurance scheme backed by Cornerstone Insurance

Kelvin Egerue
by Kelvin Egerue0394
Cornerstone Insurance Plc has reaffirmed its commitment to strengthening climate resilience and expanding financial protection for vulnerable communities through its participation in the Lagos Flood Risk Transfer Scheme, an innovative flood insurance initiative expected to benefit approximately four million residents across Lagos State. Flooding remains one of the most significant......
Business & Economy

Obi engages UK stakeholders on strengthening Nigeria’s MSMEs

Peter Anayo
by Peter Anayo0659
KASIE ABONE, Enugu Presidential candidate of Labour Party in 2023, Mr Peter Obi has emphasized the importance of strengthening Nigeria’s Micro, Small, and Medium Enterprises (MSMEs) as a pathway to economic growth and employment generation. Speaking after a series of engagements in London on Tuesday, the presidential hopeful of the......
Agriculture

Gov Kefas empowers farmers, rolls out advanced agricultural machinery

Peter Anayo
by Peter Anayo0596
  EMMANUEL AWARI, Jalingo   The Governor of Taraba State, Dr. Agbu Kefas, as part of fulfilling his administration’s pledge to transform Taraba State into a major food production hub, has deployed a multi-billion-naira fleet of modern agricultural machinery. He said that from the initiative, farmers will gain subsidised access......
Business & Economy

1,000 delegates to converge for 3rd edition of ‘Invest Lagos’

Peter Anayo
by Peter Anayo0300
IBRAHIM QUADRI The Lagos State Government has unveiled plans for the 3rd edition of the Invest Lagos Summit, with 1,000 delegates from 50 countries expected to participate at the event scheduled for June 8 and 9 at Eko Hotels and Suites, Victoria Island. The summit, themed: “Lagos: Business Gateway to......
Business & Economy

FG woos German investors, lists gains in Tinubu’s reforms

Peter Anayo
by Peter Anayo0578
CHIDIMMA UCHEGBU, Abuja  Minister of Budget and Economic Planning, Senator Abubakar Bagudu, has urged German businessmen to deepen their investment in Nigeria, saying that President Bola Tinubu’s reforms have broadened investment opportunities in the country. The minister spoke at the Nigeria–Germany Business Day, themed “Germany and Nigeria: Cooperating for Development......
Finance

Atlantian Crown Bank rebrands as Arizona Global Bank LLC, begins licensing for global expansion

Peter Anayo
by Peter Anayo0320
    *UNITED KINGDOM OF ATLANTIS* — In a move signaling a push into international markets, the Royal Throne of the United Kingdom of Atlantis on Sunday announced the corporate transformation of Atlantian Crown Bank LLC into *Arizona Global Bank LLC*, as part of a wider restructuring to position the......
Business & Economy

Fidelity Bank’s gross earnings rise by 45% to ₦1.5trn as shareholders’ funds cross N1trn mark

Peter Anayo
by Peter Anayo0243
Fidelity Bank Plc has reported a 45 percent increase in gross earnings for the 2025 financial year, as the lender’s shareholders’ funds crossed the N1 trillion mark following sustained balance sheet expansion and fresh capital injection. Analysis from the audited financial statements for the year ended December 31, 2025, reveals......
Business & Economy

Eterna Plc holds 33rd AGM, committed to growth and shareholder value

Editor
by Editor0269
From L-R:: Mr. Emmanuel Omuojine, Non-Executive Director; Mr. Okechukwu Ashiegbu, Executive Director/Chief Operating Officer; Dr. Bunmi Agagu-Adu, Executive Director/Managing Director, Eterna Industries Limited; Mrs. Phoebean Ifeadi, Executive Director, Corporate Services; Mr. Olumide Adeosun, Managing Director/Chief Executive Officer, Eterna Plc; Mr. Gabriel Ogbechie, OON, Chairman; Mr. David Edet, Company Secretary/Legal Adviser;......
Agriculture

Bauchi Guber aspirant pledges ₦100bn to fund agriculture, SMEs within first 100 days

Peter Anayo
by Peter Anayo0288
CYRIL MBAH, Abuja Bauchi State governorship aspirant, Dr. Nura Manu, has pledged to inject ₦100 bn into the state’s economy within his first 100 days in office to industrialise Bauchi and boost commercial agriculture. Speaking with newsmen after his screening in Abuja on Sunday, Manu described the exercise as interactive......
Business & Economy

BPP’s price intelligence unit saved Nigeria N1.1trn –DG

Peter Anayo
by Peter Anayo0748
The Bureau of Public Procurement (BPP) says the Federal Government saved about N1.1 trillion within a year through a newly established Price Intelligence Unit. Dr Adebowale Adedokun, Director-General (l D-G), BPP, disclosed this in an interview with the News Agency of Nigeria (NAN) in Abuja on Sunday. Adedokun said that......
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