IMF praises Ghana for ‘reducing debt’
Ghana’s flag A few days after approved Ghana’s third review under the its Extended Credit Facility (ECF) program the International IMF has praised Ghana for making substantial progress in pushing...
View ArticleAfrican non-life premiums stand at $20.4bn
Non-life premiums in Africa amounted to $20.4bn in 2015, according to a report released by consultancy Dr Schanz, Alms & Company. The report found that the $20.4bn represented about 1 percent of...
View ArticleAfDB approves US$ 22 million to finance Youth Agribusiness project in Malawi
AfDB The African Development Bank (AfDB) has approved a US$22.33 million concessional loan to the Republic of Malawi to finance the country’s Agricultural Infrastructure and Youth in...
View ArticleAfDB President Akinwumi Ayodeji Adesina Receives African Passport, Symbol of...
The President of the African Development Bank Group (AfDB), Akinwumi Ayodeji Adesina received his copy of the African Passport in Abidjan on Wednesday, 5 October 2016, hailing the occasion as a clear...
View ArticleChile relaxes pension fund investment rules
Chile’s congress approved the so-called productivity bill, which opens up new investment alternatives for local pension funds. Under the legislation, 5-15% of a pension fund’s value can be invested in...
View ArticleLeadway Assurance seeks partnership with Nollywood
Leadway Assurance logo Leadway Assurance Company Ltd. has indicated interest to partner Nollywood on “Production Package Insurance.” Ms Olubusola Makinde, Associate Manager of the company, made...
View ArticleChange Begins With Me” is leadership-driven – Minister
Minister of Information and Culture, Alhaji Lai Mohamed, poses for a group photograph with representatives of the private sector at the unveiling of ”Change Begins With Me” Campaign to Corporate...
View ArticleNorway Contributes US$4.8 Million to an IMF Fund for Natural Resources...
IMF logo By Nkechi Naeche Washington Norway today signed a contribution of NOK40 million (about US$4.8 million) to a new phase of the International Monetary Fund’s (IMF)’s Managing Natural...
View ArticleEcobank renews Partnership with the Global Fund
Ecobank logo A selected high-level audience composed of business leaders and development experts were present at the signing ceremony on September 16, 2016 in Montreal Canada. Ecobank...
View ArticleIMF Members Commit US$340b in Bilateral Borrowing to Maintain IMF’s Lending...
Christine Lagarde , IMF MD By Nkechi Naeche (Washington) Poised to maintain the IMF’ s lending capacity, twenty-five members of the International Monetary Fund (IMF) have committed a total of...
View ArticleMinister seeks implementation of signed bilateral pacts in cultural sector
The Minister of Information and Culture, Alhaji Lai Mohammed, the German Ambassador to Nigeria, Mr. Bernard Schlagheck and the Permanent Secretary, Federal Ministry of Information and Culture, Mrs. Ayo...
View ArticleSkye Bank Gets Approval to Postpone AGM
Skye logo Skye Bank Plc has announced the postponement of its 2015 annual General meeting. The lender in a notice to the Nigerian Stock Exchange said that further to its publication of September...
View ArticleSEC seeks Collaboration on Master Plan
SEC DG Mounir Gwarzo The Securities and Exchange Commission (SEC) has sought the collaboration of media organizations in the country to ensure effective implementation of the Capital Market Ten Year...
View ArticleSukuk issuance gets major boost
SEC logo Sukuk issuance gets major boost …..,guidelines for granting liquid assets approved The Securities and Exchange Commission (SEC) is pleased to notify issuers and investors that the Central...
View ArticleHaiti to receive US$20-m tropical cyclone insurance payout
A young man walks on a palm tree in front of a house destroyed by Hurricane Matthew, in Croix Marche-a-Terre, in south-west Haiti yesterday. Hurricane Matthew has claimed at least 108 lives in Haiti,...
View ArticleCar insurance premiums set to rise to over £700 in 2016, report warns
Motor.Insurance Average car insurance premiums are set to rise beyond £700 by the end of 2016, a new report warns. A combination of rising repair bills and insurance scams are among the reasons higher...
View ArticleMicroinsurance venture launched in Zimbabwe
A new insurance firm set up with the help of Bermudian companies to provide microinsurance in the developing world is to launch its first venture in Zimbabwe. And Blue Marble Microinsurance, set up by...
View ArticleAXA CEO: Rumored Generali Takeover ‘Makes No Sense At All’
Thomas Buberl French insurer AXA has no plans to merge with large rivals, its chief executive told a German newspaper, responding to recent speculation about a possible takeover of Italian peer...
View ArticleBusinessToday Live at Spring Meeting of the IMF and World Bank Group in...
Nkechi Naeche, Editor News portal BusinessToday Online, is among top media organisations accredited this year to cover Spring Meeting of the International Monetary Fund and World Bank Group...
View ArticleNERC Fines Benin, Port Harcourt DisCos N6.2 Million
The Nigerian Electricity Regulatory Commission (NERC) has fined Benin and Port Harcourt electricity distribution companies (DisCos) N6.220 million over their failure to comply with the decisions of...
View Article