Economy

SEC Orders Freezing of Assets, Funds of Nine Terrorism Financiers

By Aduragbemi Omiyale Capital market operators have been directed to immediately freeze the assets, funds, and other economic resources belonging...

Recapitalisation: NIA Says Seven New Insurers Have Met Threshold

By Adedapo Adesanya The Nigerian Insurers Association (NIA) has disclosed that seven additional insurance companies have secured full recapitalisation approval...

Dangote Sugar Raises N486bn Rights Issue to Reduce Debt, Strengthen Capital Base

By Adedapo Adesanya Dangote Sugar Refinery Plc, Nigeria’s biggest sugar producer, has raised N486 billion ($356 million) through an oversubscribed...