24. July 2026
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Category: Refined Living

James Obasi12 January 2026
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Refined Living

NNPC Confronted with N2.27tn In Lawsuits as Legal Exposure Intensifies

3min9060
The Nigerian National Petroleum Company Limited (NNPC) is confronting significant legal exposure, with pending lawsuits against the state-owned energy firm estimated at around N2.27tn for the financial year ending 2024, according to an analysis of its 2024 Annual Report. The report revealed that while NNPC recognised N474.8bn as contingent liabilities in its financial statements, additional […]
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Lifestyle & Wellness Desk12 January 2026
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Refined Living

CIS, ASHON Praise NGX As Market Capitalisation Surpasses N100tn

1min3740
The Chartered Institute of Stockbrokers (CIS) and the Association of Securities Dealing Houses of Nigeria (ASHON) have congratulated the Nigerian Exchange Group Plc and Nigerian Exchange Limited on the landmark achievement of the capital market surpassing N100tn in market capitalisation. In a joint statement, ASHON Chairman Samuel Adenagbe and CIS President Oluropo Dada described the […]
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Lifestyle & Wellness Desk12 January 2026
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Refined Living

Wema Bank Launches Voice Banking Feature On ALAT

3min5440
Wema Bank, Nigeria’s leading innovator and pioneer of Africa’s first fully digital bank, ALAT, has unveiled the upgraded version of its flagship digital banking platform, ALAT by Wema. Dubbed ALAT: The Evolution, the enhanced platform offers a smarter, faster, and more intuitive banking experience, further cementing Wema Bank’s leadership in technology-driven financial services. The upgrade […]
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Lifestyle & Wellness Desk12 January 2026
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Refined Living

Heritage Bank Liquidation: NDIC Secures Extra N24.3bn For Depositors

3min4150
The Nigeria Deposit Insurance Corporation (NDIC) has recovered an additional N24.3bn from the assets of the defunct Heritage Bank Limited to repay depositors with balances above N5m at the time the bank’s licence was revoked. The disclosure was made in a statement issued on Sunday by NDIC’s Head of Communication & Public Affairs, Hawwau Gambo. […]
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Tech & Tools Desk12 January 2026
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Refined Living

NIIRA Highlights Safer Cities and Enhanced Financial Stability

3min4550
Coronation Insurance Plc has highlighted the transformative impact of the Nigerian Insurance Industry Reform Act (NIIRA) 2025, describing the legislation as a significant step toward boosting consumer protection, enhancing safety standards, and expanding insurance coverage nationwide. In its latest thought leadership release, Coronation Insurance noted that NIIRA, signed into law in July 2025, has been […]
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James Obasi12 January 2026
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Refined Living

Minister Calls for Nationwide Ban on Wooden Boats

4min8710
The Minister of Marine and Blue Economy, Adegboyega Oyetola, has called on state governments nationwide to invest in modern fibre and aluminium boats to enhance safety and reduce accidents on Nigeria’s waterways. Oyetola renewed his appeal for an urgent ban on wooden boats for commercial water transport, highlighting the dangers posed by outdated and unsafe […]
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Lifestyle & Wellness Desk12 January 2026
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Refined Living

NBS Engages Stakeholders Ahead of December Inflation Data Release

5min3600
The National Bureau of Statistics (NBS) is preparing to hold a stakeholder engagement ahead of the release of Nigeria’s December inflation data. The meeting is scheduled for Monday, coming amid widespread projections that the recent disinflationary trend may pause temporarily in December due to year-end spending pressures and diminishing base-year effects. Several analysts have forecast […]
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Lifestyle & Wellness Desk12 January 2026
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Refined Living

MA’AM Energy’s $750m Acquisition of Geregu Boosts Investor Optimism

7min6950
Minority investors and capital market operators have expressed strong optimism over MA’AM Energy Limited’s acquisition of a majority stake in Geregu Power Plc, describing the transaction as a significant boost for Nigeria’s power sector. Stakeholders who spoke separately said the takeover of Geregu Power—one of only two power generation companies listed on the Nigerian Exchange […]
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Lifestyle & Wellness Desk12 January 2026
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Refined Living

Short-Term Rentals and Studio Apartments Reshape the Housing Market – Report

5min7640
A 2025 report by Knight Frank indicates that short-term rentals and studio apartments are reshaping Nigeria’s housing landscape, driven by rising demand for compact, flexible living options in urban centres. The report noted that in a bid to accelerate housing delivery, the Lagos State Government is leveraging public-private partnerships across multiple levels, ranging from enabling […]
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