Business
BDCs set for market dominance, regulatory compliance
By Peter Egwuatu, Assistant Business Editor The achievement of N1 trillion annual market turnover by Nigerian Bureaux De Change (BDCs) has reinforced their prime role in the economy. Not relenting
Prepaid Meters: Indigenous producers record 79% under-performance in phase zero of NMMP
File: Prepaid meters …April 2021 one million meters target to be shifted …Consumers groan under estimated bills; NERC remains optimistic By Udeme Akpan & Obas Esiedesa THERE are indications that
UBA’s profitability rises 27% to N38bn in Q1’21
By Babajide Komolafe United Bank for Africa (UBA) Plc has recorded a 27 per cent increase in its Profit After Tax (PAT) to N38.16 billion in the first quarter of
Ariston redefines water heating category in Nigeria
A map of Nigeria By Providence Adeyinka Ariston Thermo Heating Technology Nigeria Limited, member of the Ariston Thermo Group –global leader in thermal comfort solutions for domestic, commercial and industrial
Audit Regulations:FRCN plans implementation training in Q3
By Elizabeth Adegbesan The Financial Reporting Council of Nigeria, FRCN, said it plans to commence training of stakeholders on the implementation of Audit Regulation 2020, in the third quarter of
Jumia lists challenges to business growth in Africa
By Cynthia Alo The African E-commerce pioneer, Jumia Group, has said that distribution challenges will continue to hinder business growth, increase prices of goods, obstruct new market entrants and limit
Experts task insurers on adopting digital channels
Experts in the insurance industry have advised underwriting companies to adopt digital channels to remain relevant to the emerging business environment. The post Experts task insurers on adopting digital channels
As states’ internally-generated revenues also slip
Last year, states’ internally generated revenues (IGRs) slipped, indicating an increasing dependence on Abuja to fund state governments’ expenditures, much of which is recurrent. The post As states’ internally-generated revenues
Insurer pays N501million claims in Q1
Great Nigeria Insurance Plc has disclosed its commitment to honouring genuine claims as and when due, as its quarterly total claims pay was N501.6 million. The post Insurer pays N501million
CBN plans to strengthen risk management in OFIs
CBN By Peter Egwuatu The Central Bank of Nigeria (CBN) has taken moves to strengthen risk management in the financial services subsector categorized as Other Financial Institutions (OFIs), mainly
