Derivative Fund

Business

H1 2025: Derivative Fund Soars 128.83 percent to N781.83bn as Oil-Producing States Record Zero Foreign Investment in Q1

Sam Diala, THEWILL -
August 17, (THEWILL) — Nigeria’s nine oil-producing states amassed a total of N781.83 billion as statutory13 percent derivative fund from the Federation Account Allocation Committee (FAAC) in the first six months (H1) of 2025, according to data by the...
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BusinessOgochukwu Onwaeze, THEWILL -

Lasaco Assurance Enters Agricultural Insurance Market, Eyes Revenue Growth

Lasaco Assurance Plc has secured regulatory approval to offer agricultural insurance products as the company seeks to diversify its business, expand its market reach, and increase revenue.
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