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Mutual Benefits says N2b Right Issue to begins next month

L-R:  Segun Omosehin, Managing Director/CEO  Mutual Benefits Assurance Plc; Dele Ogunaike, Managing Director, Man Mountain Insurance Brokers; Dr. Akin Ogunbiyi, Chairman, Mutual Benefits Assurance Plc...

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Better service delivery: Mutual Benefits set to introduce online portal for...

L-R:  Segun Omosehin, Managing Director/CEO, Mutual Benefits Assurance Plc; Saheed Egbeyemi, Deputy Managing Director, Hogg Robinson  and Dr. Akin Ogunbiyi, Chairman, Mutual Benefits Assurance Plc,...

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Photo News: Mutual Benefits Assurance Plc Dinner With Brokers in Lagos

L-R: Segun Omosehin, Managing Director/CEO Mutual Benefits Assurance Plc; Dele Ogunaike, Managing Director, Man Mountain Insurance Brokers; Dr. Akin Ogunbiyi, Chairman, Mutual Benefits Assurance Plc...

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Unity Bank Names Aminu Babangida as Board Chairman

This is to formally notify shareholders of Unity Bank Plc. and other stakeholders of the Bank that, the Board of Unity Bank Plc. at an Emergency Meeting held on October 4, 2017 approved the retirement...

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Emefiele at London Stock Exchange, explains highest ROI in Nigeria

Emefiele at London Stock Exchange, explains highest ROI in Nigeria The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele has urged investors to come over to Nigeria, declaring that the...

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Guinness Nigeria releases results for Q1 2018, as revenue surges by 30%

  Guinness Nigeria announced its first quarter results for the period ended 30 September 2017. The company delivered revenue of N29.9 billion and gross profit of N10.4 billion representing a 30 percent...

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SON Destroys Sub-standard Electrical Appliances, Phone Accessories, Wine, Others

The Standards Organisation of Nigeria (SON), recently destroyed substandard electrical appliances, phone accessories, wine worth about N10 million. Other products destroyed include antiseptic soap,...

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Conoil Pretax Profit Down -25.4% Q3’17

BY NKECHI NAECHE—–Oil marketing,  Conoil Plc said on Monday announced 25.4 drop in its pretax profit for the period ended September 30, 2017 from N2.71billion reported the same period of last year to...

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SEC Commended on establishment of Capital Market Development Fund

L-R: Dr Suleyman Ndanusa, Chairman Nigerian Capital Market Development Fund (NCMDF) with Mounir Gwarzo, DG/CEO SEC during launching and Inauguration of the NCMDF Board in Abuja on Monday.       The...

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CSCS Names Haruna Jalo-Waziri as New CEO

Haruna Jalo-Waziri     Pursuant to the Securities and Exchange Commission’s (SEC) “No Objection”, the Board of Directors of the Central Securities Clearing System (CSCS) Plc is pleased to announce the...

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Union Bank Post-tax Profit Decline -4.63% Q3’17

  BY NKECHI NAECHE—Top lender, Union Bank of Nigeria Plc (UBN) on Monday said it reported a drop in  its post-tax profit for the period ended September 30, 2017. The bank in a notice to the Nigerian...

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Buhari Sacks Babachir Lawal, NIA DG, Appoints New SGF

President Muhammadu Buhari has sacked the suspended Secretary to Government of the Federation (SGF), Mr Babachir Lawal, and the Director-General of the National Intelligence Agency (NIA), Mr Ayodele...

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Handover Lawal, Oke To EFCC, ICPC-SERAP tells Buhari

Socio-Economic Rights and Accountability Project (SERAP) on Monday commended the decision by President Muhammadu Buhari to sack the suspended Secretary to Government of the Federation, Mr Babachir...

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Only Sacking Babachir, NIA DG ‘Totally Unacceptable’ – PDP

The Peoples Democratic Party (PDP) on Monday  criticised President Muhammadu Buhari for sacking the suspended Secretary to Government of the Federation (SGF), Mr Babachir Lawal, and the...

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Emir Sanusi launches Islamic insurance in Kano

The Emir of Kano, Alhaji Sanusi Lamido II departing after a closed-door meeting with Ag. President Yemi Osinbajo at the VP’s Wing, Presiidential Villa, Abuja. Photo by Abayomi Adeshida.       The Emir...

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FBN Insurance wins Fastest Growing Insurance Company Award

L-R: Elizabeth Agugoh, Head, Marketing and Corporate Communications, FBNInsurance, receiving the company’s award as the fastest growing insurance company from Hon. Lanre Laoshe of Leverage Insurance...

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Federation Account recorded N797bn VAT revenue in 10 months – Adeosun

      …VAT is key to Nigeria’s revenue strategy * To extend tax compliance to Private Sector     Revenue from Value Added Tax (VAT) grossed N797.51 billion into the Federation Account between January...

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Former MTN Nigeria CFO joins Terragon Group’s Board of Directors

The Board of Directors of Terragon Group  recently announced the appointment of Andrew Bing, former Chief Financial Officer of MTN Nigeria, as an independent non-executive director (NED) at the last...

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AFDB refute statement that it has called off loans to Nigeria* Says is...

  BY NKECHI NAECHE—The African Development Bank on Tuesday refute the statement that it has “called off loans to Nigeria”, as reported in Reuters and credited to AfDB Vice-President for Power, Energy,...

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CBN Issues Deadline on Repatriation of Oil, Non-Oil Export Proceeds

Further to the provisions of the circular Ref: TED/FEM/FPC/GEN/01/005 of February 19, 2015 on the above subject, exporters are hereby reminded that failure to repatriate their exports proceeds within...

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