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Business

Home Business Page 10
Universal Insurance is rated “Bbb-” by Agusto & Co. with a stable outlook.
Posted inBusiness

Universal Insurance is rated “Bbb-” by Agusto & Co. with a stable outlook.

Universal Insurance Plc's lengthy operational history, increased profitability, low loss ratio, modest liquidity position, and successful implementation of digital initiatives have all contributed to Agusto & Co.'s "Bbb-" long-term rating.…
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Posted by Taiwo Ayomide December 26, 2025
PIA: Rivers Host Community Calls Out Oil Companies’ Non-Compliance
Posted inBusiness

PIA: Rivers Host Community Calls Out Oil Companies’ Non-Compliance

Despite the cluster's substantial contribution to increasing oil and gas production—it has eight oil licenses, more than ten pipelines, and two delivery lines—an oil and gas host community in Rivers…
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Posted by Taiwo Ayomide December 26, 2025
Customs is moving to install a new scanner at the port of Apapa.
Posted inBusiness

Customs is moving to install a new scanner at the port of Apapa.

The Nigeria Customs Service (NCS) has stepped up its preparations for the opening of its state-of-the-art scanning facility at Lagos' Apapa Port. The scanner is almost ready for use and…
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Posted by Taiwo Ayomide December 26, 2025
AFRIMA: Participants Open Up Financing Options for the Music Industry
Posted inBusiness

AFRIMA: Participants Open Up Financing Options for the Music Industry

A major event of the 9th All Africa Music Awards (AFRIMA), the Africa Music Business Summit (AMBS), has stakeholders in the music business preparing. Artists, music executives, investors, legislators, and…
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Posted by Taiwo Ayomide December 26, 2025
In 2025, REA plans to deploy more than 200 mini-grids and 1,350 power projects.
Posted inBusiness

In 2025, REA plans to deploy more than 200 mini-grids and 1,350 power projects.

According to REA Managing Director Abba Abubakar Aliyu, who revealed the numbers during a media briefing in Kano, the Rural Electrification Agency (REA) deployed more than 200 mini-grids across underprivileged…
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Posted by Taiwo Ayomide December 26, 2025
The company uses a turnaround strategy.
Posted inBusiness

The company uses a turnaround strategy.

In order to reposition the business for sustainable growth and increased shareholder value, Geofluids Plc has started a comprehensive turnaround process. The corporation claims that in order to improve efficiency…
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Posted by Taiwo Ayomide December 26, 2025
A Nigerian Company Wins the 2025 JA Africa Award
Posted inBusiness

A Nigerian Company Wins the 2025 JA Africa Award

Intercontinental Schools has awarded Smartgenix Aeromonitor Ltd., a Nigerian company based in Darul Noor, the title of 2025 Africa Company of the Year (ACOY) coupled with a $3,000 cash reward.…
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Posted by Taiwo Ayomide December 26, 2025
Civil Service Digitization Will Save Billions of Dollars—HOCSF
Posted inBusiness

Civil Service Digitization Will Save Billions of Dollars—HOCSF

According to Didi Esther Walson-Jack, Head of the Federation's Civil Service, the federal government will save spending billions of naira on communication materials every year.Speaking at the Ministry of Petroleum's…
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Posted by Taiwo Ayomide December 26, 2025
NCAA Airworthiness Shake-Up: Why Did Keyamo Take Action?
Posted inBusiness

NCAA Airworthiness Shake-Up: Why Did Keyamo Take Action?

The Director of Airworthiness Standards (DAWS) at the Nigeria Civil Aviation Authority (NCAA) was transferred to the Nigeria Airspace Management Agency (NAMA) as part of the Ministry of Aviation and…
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Posted by Taiwo Ayomide December 26, 2025
Traffic between Nigeria and the US is threatened by the visa ban.
Posted inBusiness

Traffic between Nigeria and the US is threatened by the visa ban.

Travel sector players have warned that once the US imposes a visa block on Nigeria, the flow of passengers between Nigeria and the US is expected to slow down. This…
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Posted by Taiwo Ayomide December 26, 2025

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