LAGOS RELEASES N5.5BN TO CONTRACTORS FOR 181 INNER ROADS
…Project To Be Delivered Within Six Months The Lagos State Government on Thursday said it has released the sum of N5.563billion to contractors to flag off the construction of the 181 roads spread...
View ArticlePhotos News: Faces at NAICOM’s consumers forum in Lagos
L-R: Chairman, Nigerian Insurers Association, Eddy Efekoha; Adenike Fajemirokun of Dangote Group and commissioner for Insurance, Mohammed Kari at the event held today in Lagos. Deputy Commissioner,...
View ArticlePhotos News: Faces at NAICOM’s consumers forum in Lagos
Head Corporate Communication, NAICOM, Mr. ‘Rasaaq ‘Salami welcoming the Corps Marshal, Federal Road Safety Commission, Boboye Oyeyemi for the event.
View ArticleEquity Assurance Sells 67% to French Company
Steven S. Kolubah, Board Chairman of Equity Assurance and Karim Franck Dione, Head, Management Control, Equity Assurance subsidiaries A Franco-phone African Insurance Group, SUNU has bought...
View ArticleDangote pays N5b premium to insurers in 2016 * As insurers fail to settle...
BY NKECHI NAECHE—-Dangote Group yesterday said it has paid a total of N5 billion as insurance premium in 2016 to insurance companies that insured its insurance portfolio. Ms. Adenike Fajemirokun,...
View ArticleVerify claims with FRSC before claims payment – FRSC tells insurers* As...
The Federal Road Safty Corp (FRSC) has called on insurance operations to make adequate enquirering about owners of vehicle before settlement of claims. The Corps Marshal, Federal Road Safety...
View ArticleThe “Golden Handshake” that ended SEC DG, Gwarzo career in public service
* Mounir Gwarzo BY NKECHI NAECHE—-More information recently emerged on why the Administrative Panel of Inquiry (API) set up by the Federal Government finally recommended the dismissal of...
View ArticleLinkage Assurance names Joshua Fumudoh new Chairman
*Dr. Pius Apere Linkage Assurance Plc has announced the appointment of Chief Joshua Benard Fumudoh as Chairman of the Board of Directors, subject to the approval of the National Insurance...
View ArticleNigeria’s weak institutions, bane to growth, says Ambode
Nigeria has had weak institutions that has made it difficult to have a life span of business above 50 years. The reason the Governor stated is that in Nigeria, the municipal laws operate within...
View ArticleNigeria, Foreign Countries Share Data on Overseas Bank Accounts, Property...
L-R: Honourable Minister of Finance, Mrs. Kemi Adeosun; Vice Chairman of the National Tax Policy Implementation Committee, Mr. Taiwo Oyedele and a member of the Committee, Mr. Oluseye Arowolo, during...
View ArticleKuru, AMCON MD Urges Nigerians To Patronise Peugeot Cars
Mr. Ben Daminabo, Head, Subsidiaries Asset Management Corporation of Nigeria (AMCON) and representative of AMCON MD/CEO, Mr. Ahmed Kuru (left) presenting the award for the Best Dealership Network Car...
View ArticleDangote, Aig-Imoukhuede push for African Union-Private Sector
Africa’s richest man and Chairman of Dangote Foundation, Alhaji Aliko Dangote in company of the immediate past President of the Nigerian Stock Exchange, who is also the Chairman of Coronation Capital...
View ArticleFitch Affirms Guaranty Trust Bank at ”B ”; Outlook Negative
Fitch Ratings has affirmed Guaranty Trust Bank Plc’s (GTB) Long-Term Issuer Default Rating (IDR) at ‘B+’. The Outlook is Negative. All other ratings of GTB have also been affirmed. A full list of...
View ArticleFitch Affirms Zenith Bank at ”B ”; Outlook Negative
Fitch Ratings has affirmed Zenith Bank Plc’s Long-Term Issuer Default Rating (IDR) at ‘B+’. The Outlook is Negative. The bank’s Viability Rating (VR) has been affirmed at ‘b+’ and its Support...
View ArticleFlour Mills N39.9 Billion Rights Issue Closes February 21, 2018
Flour Mills of Nigeria (FLOURMILL) Rights Issue, opened on 15 January, 2018, will close on Wednesday, 21 February 2018. The Rights Issue is being undertaken to enable FLOURMILL deleverage its balance...
View ArticleFitch Affirms FBN Holdings and FirstBank at ”B-”; Outlook Negative
Fitch Ratings has affirmed the Long-Term Issuer Default Ratings (IDR) of FBN Holdings Plc (FBNH) and First Bank of Nigeria Ltd (FBN). The Outlooks are Negative. The banks’ Viability Ratings (VR)...
View ArticleGhana: Distressed farmers receive GHc45,000 insurance package
Mr. Quantson handing over the cheque to Agricare rep on behalf of the farmers The Ghana Agricultural Insurance Pool (GAIP) has settled the claims of five farmers, under an outgrower scheme of...
View ArticleTotal to sell 25% stake to Qatar Petroleum
French oil and gas group, Total, has agreed to sell a 25 per cent stake in the Exploration Block 11B/12B, offshore South Africa, to Qatar Petroleum, in a deal which Total said would strengthen its ties...
View ArticleMinister: Military rescues 30,000 women, children from Boko Haram in two years
Minister of Defence, Mansur Dan-Ali Minister of Defence, Mansur Dan-Ali, on Monday said that no fewer than 30,000 women and children have been rescued from Boko Haram by the troops of operation...
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