CBN to address e-payment issues at FICAN Bi-monthly Forum
The Central Bank of Nigeria (CBN) will be addressing key issues confronting the e-payment industry at a Bi-Monthly Forum organised by the Finance Correspondents Association of Nigeria (FICAN). The...
View ArticleKenya: Insurance industry records 16.8pc net profit rise in 2016
Kenya’s insurance industry recorded a 16.8 per cent net profit growth to Sh11.1 billion in the year ended December, according to statistics from the Insurance Regulatory Authority (IRA). The sector’s...
View ArticleDrivers overcharged for motor insurance as firms use secret deals to inflate...
Every driver in Britain is being overcharged for motor cover because insurers are using secret deals to grossly inflate repair bills, a Telegraph investigation has established. Insurers are routinely...
View ArticleIRDAI Asks ICICI Prudential To Take Over Sahara’s Insurance Business
Mumbai: Insurance regulator Irdai on Friday asked leading private sector life insurer ICICI Prudential Life Insurance (IPRU) to take over the business of beleaguered Sahara India Life Insurance (Sahara...
View ArticleCIC to offload 30pc stake in Uganda unit
CIC INSURANCE GROUP CHIEF EXECUTIVE TOM GITOGO CIC Insurance Group is seeking to dispose of at least a 30 per cent stake in its loss-making Ugandan subsidiary by selling the shares to Saccos in...
View ArticleNorth East: Nigerian Military Unable To Hold Recaptured Territories – U.S.
The United States Department of State is worried about Nigeria’s inability to effectively secure and hold onto territories recaptured from Boko Haram terrorists despite the successes recorded by the...
View ArticleAluu 4 trial : Finally court sentences three to death for murder
The High court in Rivers state has sentenced three persons to death for lynching 4 students in Aluu community in 2012. The Court presided over by Justice Nyordee has also discharged and acquitted the...
View ArticlePolice raid shrines in Ikorodu Lagos, find five graves
The Deputy Commissioner of police in charge of operations Edgar Imohimi led officers to what he termed one of the biggest shrines in Ikorodu area of Lagos this Monday. The owner of the shrine Alhaji...
View ArticleStandard Chartered Bank Appoints Okonjo-Iweala As Director
By Our Reporter—Top lender, Standard Chartered Bank Plc has announced the appointment of Okonjo-Iweala as director. This is contained in a statement made available to BusinessToday Online by the...
View Article9,030 Kwara Pensioners’ Wait Endlessly For Unpaid Pension Arrears
By Our Reporter—- Kwara state government has expressed concern over the plight of 9,030 pensioners especially those of the local government whose gratuities and arrears are yet to be paid. The...
View ArticleFG pleas with Dangote to finish refinery before 2019
The Federal Government has said it relies heavily on the Dangote refinery to fulfil its promise to Nigerians to end fuel importation by December 2019. To this end, the Minister of State for Petroleum...
View ArticleOando boost shareholders’ confidence, report N4.6billion after tax in H1, 2017
The Nigerian oil and gas sector is gradually recovering from the upheaval of low oil prices; this is due in part to the exemption of Nigeria from the global oil production cut by the Organization of...
View ArticleFeet ‘n’ Tricks Redeems Pledges Worth Over N20m, Handover Saloon Car, Ticket,...
Feet ‘n’ Tricks International Limited, organizer of the just concluded Nigeria National Freestyle Championship, in conjunction with its major sponsor, GAC Motors, Federal Inland Revenue Services (FIRS)...
View ArticleUnbanked Nigerians reduce, as Heritage Bank targets 1, 000 agent banking...
Heritage Bank Plc, has taken aggressive approach to support the Central Bank of Nigeria’s initiative to curb the unbanked Nigerians in the rural areas by 20 percent by 2020, thereby offering...
View ArticleFirstBank Launches MVisa
First Bank of Nigeria Limited has partnered with Visa to launch the Mobile Payments Solution – mVisa. This mobile solution allows customers pay for goods and services by scanning a QR code using a...
View ArticleMPC Maintains Status Quo; Notes Economic Recovery is Still Fragile
The Monetary Policy Committee (MPC) held its fourth meeting for the year on the 24th and 25th July, 2017 and much in line with our expectation, status quo was maintained on all key rates as the...
View ArticleFidson Healthcare Plc New plant is Delivering Enorm
In this report, we provide an update on Fidson Healthcare Plc following the opening of its World Health Organisation (WHO) certified manufacturing plant last year and the organic expansion into a new...
View ArticleCBN Opens Week With $195m Intervention
The Central Bank of Nigeria (CBN) on Monday, July 31, 2017, offered $100 million in wholesale auction at the inter-bank Foreign Exchange market and intervened in the Small and Medium Enterprises (SMEs)...
View ArticleEFCC recovers N328.9b from NNPC retails, Oando, Total, Mobil, others
The Economic and Financial Crimes Commission (EFCC) has recovered a total sum of N328, 988,296,990.62 from NNPC retails, Oando Plc, Mobil Plc, Conoil Plc, Total Plc, OVH Energy Plc, Forte Oil and Gas...
View ArticleLeadway Assurance launches mobile insurance office to deepen Insurance...
From left: Executive Director, Leadway Assurance Company Limited, Adebayo Okuwobi; Executive Director, Tunde Hassan-Odukale; Executive a Director, Ms. Adetola Adegbayi; Head of Business Development,...
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