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Santam, South Africa’s largest short-term insurance company, has received full approval to launch a new underwriting syndicate in the United Kingdom, starting from 1 January 2026. The new entity, known as Santam Syndicate 1918, has been granted final permission to operate under the Lloyd’s insurance market. This marks a major step in the company’s plan to expand globally and ...
The Lagos State Government has announced that its major tourism, entertainment and transport agencies are fully prepared to manage a safe, organised and lively festive season across the state. The assurance followed a high-level stakeholders’ engagement held at the Lagos Continental Hotel in Victoria Island, where key industry players met to align plans ahead of the December ...
Akmodel Homes and Properties has marked its 5th anniversary, celebrating a major milestone that reflects years of steady growth, innovation and commitment to raising standards in Nigeria’s real estate industry. The celebration also highlights the company’s dedication to building trust, expanding opportunities and contributing to national development through housing.
The Nigerian National Petroleum Company Limited is currently weighed down by crude-backed loan obligations estimated at N8.07tn, based on a detailed review of its 2024 financial statements and capital-commitment records. The debt exposures, spread across several forward-sale and project-financing agreements, require heavy crude oil and gas deliveries over the coming years.</p...
Nigeria is losing about N20bn every day at its seaports due to poor infrastructure, weak systems, and inefficiencies that frustrate cargo movement and drive business to neighbouring countries. This revelation was made by maritime expert and Senior Advocate of Nigeria, Olisa Agbakoba, in a detailed report released on Sunday. He warned that most of the revenue expected at Niger...
