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NAICOM Insists AIICO, Consolidated Hallmark, NEM, Others Are Solvent

  BY NKECHI NAECHE—–The National Insurance Commission (NAICOM) on Tuesday refuted news publication in BusinessDay Newspaper that Nem, AIICO, Consolidated Hallmark, Leadway, AXA Mansard, FBN Insurance...

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GN RE sets up research fund for pension & insurance

Joseph Tieku – CEO GN Reinsurance       The Chief Executive Officer (CEO) OF GN Re, Mr Joseph Kusi-Tieku, has announced his outfit’s readiness to support the academia to conduct deeper research into...

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Nigeria’s Foreign Reserves Increased to $47.49bn in April 2018

  8/5/2018/Proshare Research Nigeria’s gross official reserves increased by $1.24bn in one (1) month and $16.63bn over twelve (12) calendar months to $47.49bn in April 2018 A stated by FBNQuest in its...

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Sovereign Trust Grows Gross Premium By 34.9% FY17

Soyinka     BY NKECHI NAECHE—–Sovereign Trust Insurance Plc on Wednesday announced a growth of N8.5billion in its Gross Premium Written for the financial year ended 31st, December 2017. Disclosing this...

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AMERC commends SEC Nigeria ….. as Nigeria hands over to Kenya

    Securities and Exchange Commission (SEC) Nigeria has been commended on its tirelessness, professionalism and dedication among others while it hosted the secretariat of the Africa and Middle East...

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Growth: Nigeria to mobilise more revenues, as tax payers’ base hits 19m –...

Honourable Minister of Finance, Mrs. Kemi Adeosun with the Leader of the World Bank Mission to Nigeria and Executive Director of the Bank, Patrizio Pagano, during a meeting with the Minister at the...

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Sabrina and Saheed Osupa Team Up to thrill Ibadan

In an attempt to keep Ibadan as its major market, Sabrina brand from the stables of Euro Global Food & Distilleries recently embarked on activities to excite and further connect with Ibadan...

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IOSCO restates commitment to Protection

  The International Organisation of Securities Commissions, IOSCO has restated its commitment to maintain investor confidence in all its jurisdictions by ensuring that investors are protected in its...

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ETF: LAGOS DISBURSES N5.22BILLION TO 6,462 BENEFICIARIES

The Lagos State Government on Thursday said a total of 6,462 residents with proven business ideas have so far benefitted about N5.22billion from the Employment Trust Fund (ETF) designed to grow the...

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Fola Daniel Joins African Insurance Hall Of Fame

*Fola Daniel     BY NKECHI NAECHE (ACCRA, GHANA)—–Following his contributions to the growth of Nigerian and African insurance industry, Mr Fola Daniel has been enrolled into the African Insurance Hall...

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Non Payment of Subscription Fees: AIO Suspends Prestige Assurance, Standard...

Prisca Soares, Secretary General, AIO       BY NKECHI NAECHE (ACCRA, GHANA)—–African Insurance Organization (AIO) has announced the suspension of Prestige Assurance Plc, Standard Alliance Plc and...

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Ethiopian Airlines, Air Côte d’Ivoire Seal Agreement On West Africa, US routes

  The managements of Ethiopian Airlines and Air Côte d’Ivoire have entered into a codeshare agreement effective May, 2018. Under the new codeshare partnership, passengers originating from West African...

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Banks Are Sabotaging Our Efforts On New Notes-CBN

The Central Bank of Nigeria (CBN) has blamed commercial banks for sabotaging its efforts in replacing mutilated notes with new ones in the country. Mr Isaac Okorafor, Acting Director, Communications...

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Ghana, Nigeria private sectors to spearhead socio-economic transformation – Veep

Vice-President Dr Mahamudu Bawumia       Vice-President Dr Mahamudu Bawumia has urged the private sectors of both Ghana and Nigeria to lead the way towards a healthy collaboration in trade, investment...

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Access Bank confident of improved performance ahead of meeting on new capital...

Access Bank has held its 10th Annual General Meeting (AGM) to consider and adopt the Statement of Accounts for the year ended December 31, 2017 at the Swiss Spirit Hotel & Suites Alisa Accra. The...

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Mobile Money transactions hit GH¢52.35 billion

Mobile money transactions have increased by about 177 per cent between 2013 and March 2018, reaching GH¢312. 93 million and valued at GH¢52.35 billion transactions in March this year, Dr Ernest...

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Premium Pension Appoints Kemi Oluwashina As Executive Director Business...

Kemi Oluwashina     As part of its strategy to achieve higher Business Development potentials aimed at repositioning the Company to greater enviable heights, the Board of Premium Pension Limited...

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Sahara Power Group Backs Light Up Nigeria Energy Confab

Sahara Power Group, a subsidiary of Sahara Group, a leading international energy conglomerate in Africa, has backed a conference aimed to address the key issues affecting the energy sector in Nigeria....

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Indonesia sees coal output flat in 2019 amid equipment shortage

Indonesia is targeting annual production of 481 million tonnes of coal this year and next, a mining ministry official said, as producers of the fuel are struggling to get new heavy equipment and parts....

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Remain Focused On Oil Cut Deal-Barkindo Charged OPEC

Secretary General of the Organisation of the Petroleum Exporting Countries, (OPEC,) Dr. Mohammed Barkindo, has called on member Nation to stay focused on the oil-cut deal. He gave the advice while...

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