Business

All the recent business news in Nigeria, economy and industry updates.

What to know about new insurance law

President Bola Tinubu recently signed the Insurance Industry Reform Bill 2025 into Law (NIIRA) marking a significant shift in conventional insurance o

UBA launches PAPSS transaction on LEO chatbot

The United Bank for Africa (UBA) Plc, has launched the successful integration of the Pan-African Payment and Settlement System (PAPSS) into its AI-pow

Controversy over status of Ikeja DisCo, Egbin power plant

Controversy has ensued over the current ownership of Ikeja Electricity Distribution Company and Egbin Power plant following an advertorial on the purp

We’ll drive full implementation of NIRRA Act — NIA

The Nigerian Insurers Association (NIA) yesterday welcomed the presidential assent to the Nigerian Insurance Industry Reform Act (NIIRA) 2025, describ

Aviation unions ask Tinubu to cancel airport concession process

A fresh row is imminent over the proposed concession of some airports as aviation unions yesterday called on President Bola Tinubu to cancel the ongoi