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Essential Nigeria News

Saturday, September 19, 2026 Volume XXIII Breaking News & Latest Updates
SUNU Moves to Rejig Board, Accelerates Growth Business

SUNU Moves To Rejig Board, Accelerates Growth

 SUNU Assurances Nigeria Plc is set to reorganise its board as the insurer moves to strengthen its operations and accelerate growth.The board changes are expected to support the company’s strategic direction and position it for greater opportunities in Nigeria’s evolving insurance market.The mo...

By Esther August 17, 2026
Refiners Eye $329m Savings From Proposed Crude Swap Business

Refiners Eye $329m Savings From Proposed Crude Swap

 Nigerian refiners are expected to save about $329 million through a proposed crude oil swap arrangement aimed at improving access to feedstock a...

11 0
1 month ago
FG Offers 70:30 Profit Oil Split for New Fields Business

FG Offers 70:30 Profit Oil Split For New Fields

The Federal Government has introduced a 70:30 profit oil-sharing arrangement for new oil fields as part of efforts to attract investment and encourage...

10 0
1 month ago
Universal Insurance Secures ₦7.1bn Investment for Recapitalisation Business

Universal Insurance Secures ₦7.1bn Investment For Recapitalisation

 Universal Insurance Plc has secured ₦7.1 billion in fresh investment to support its recapitalisation programme and strengthen its financial posi...

9 0
1 month ago
NSDC Targets $1bn Investment to Cut Sugar Imports Business

NSDC Targets $1bn Investment To Cut Sugar Imports

 The National Sugar Development Council is targeting about $1 billion in investment to strengthen local sugar production and reduce Nigeria’s dep...

11 0
1 month ago