Business News
NIA engages states on implementation of motor insurance policy’
The Nigerian Insurers Association (NIA) has engaged Lagos and other states on the enforcement of motor insurance through its licensing offices. The post NIA engages states on implementation of motor
Kwara spends N20b on pensions, gratuities in two years
The Special Adviser on Strategy to Gov. AbdulRahaman AbdulRazaq, Sa’adu Salahu, disclosed this on Sunday during an award programme organised by ‘ Friends of AbdulRahaman AbdulRazaq’ in Ilorin, the state
CIBN donates six lecture halls to banking, finance faculties
The Chartered Institute of Bankers of Nigeria (CIBN) has announced the approval to build mini lecture halls for selected departments of banking and finance of six Nigerian tertiary institutions. The
Insurers eye high-revenue investments with recapitalisation funds
Insurance companies are exploring high-yield investment windows to utilize the money raised through the suspended insurance recapitalisation, The Guardian has learnt. The post Insurers eye high-revenue investments with recapitalisation funds
‘Jersey cow importation central to Promasidor’s backward integration’
Promasidor Nigeria Limited said the importation of pregnant Jersey heifers as part of its effort to boost local dairy production and that the decision is central to its backward integration
N120b petrol subsidy to double as CBN adjusts exchange rate
As the Central Bank of Nigeria (CBN) signals a subtle harmonisation of exchange rates with the removal of N379/$1 official rate from its website, all is set for labour unions
Currency printing is Finance Ministry’s responsibility, says Owoh
It was shocking to many economic agents to hear that that bank was under CBN-induced oxygen since 2016. Four years was too long for the CBN to maintain forbearance without
Nigeria needs right infrastructure to encourage industries, says Akintayo
Chief Executive Officer (CEO), Gtext Global, Stephen Akintayo, has said the easiest way Nigeria could ensure political stability and prioritise job creation is for the government The post Nigeria needs
Proposed national carrier gets $250m lifeline
About three years after its unveiling in London, the Federal Government has relived hope of the new national carrier with a funding offer above $250 million. The post Proposed national
Data, mobile money push Airtel Africa Q4 profit to $154m
Bharti Airtel has said that its Africa’s operation reported a net profit of $154 million in the fourth quarter of last year, which doubled on-year and jumped 32.7 per cent…
