The International Energy Insurance Plc has announced the final takeover of its company by Norrenberger, a Financial Services Group. The company disclosed this in a notification sent to the Nigerian Exchange Limited on Thursday, noting…

International Energy Insurance Plc has announced Ebunolu Ayeni, its Chief operating officer, as acting Managing Director, following the resignation of erstwhile chief executive officer, Peter Irene.  IEI in a statement on Monday by its…

ADEBISI ADEMOLA International Energy Insurance Plc (IEI) has said the submission of its full year 2016 results to the Nigerian Stock Exchange (NSE), due for filing on the March 31, 2017 will be delayed till the  June 30, 2017. The company…

Three Heirs Holdings portfolio companies - Transcorp Group, Abuja Electricity Distribution Company (AEDC) and Redtech - have earned recognition in leading global and continental business rankings published by The…

The Centre for the Promotion of Private Enterprise (CPPE) has urged the government to tackle insecurity, energy costs and transportation challenges to sustain disinflation gains. CPPE, which noted that price escalation has slowed,…

The NGX Insurance Index ended the day as the worst-performing sector on the Nigerian Exchange, dropping 1.35 per cent to 1,324.09 points, as investors kept pulling back ahead of the industry’s looming recapitalisation deadline. Even so,…

British independent energy firm, Savannah Energy PLC, has announced key changes to its board of directors as part of its ongoing succession planning process. In a statement released on Tuesday, the company confirmed the…

Renewed investor optimism in the oil and gas and insurance sectors pushed the All-Share Index (ASI) of the Nigerian Exchange higher by 0.86 per cent to close at 144,822.78 points in a new bullish week. The rally, despite mixed…

The United States has introduced a new round of sanctions targeting over 400 entities connected to Russia’s energy sector, prompting strong approval from Ukrainian President Volodymyr Zelenskyy. Zelenskyy, via his X on Friday described the…

South Africa is launching a credit-guarantee facility to boost private sector involvement in the country’s ambitious infrastructure investment plans, reducing the need for public spending. “We are looking to manage levels of risk…