Photos News: Faces at 2016 CIIN induction ceremony
L-R: Deputy President, Chartered Insurance Institute of Nigeria, Mrs Funmi Babington-Ashaye and Chairman, Nigerian Insurers Association, Eddie Efekoha at the event in Lagos.
View ArticlePhoto News: Faces At 2016 CIIN Induction Ceremony of Fellows & Associates
L-R: Chairman Alpha Choice Insurance Brokers Limited and Former President of CIIN Mr Sunny Adeda and former MD/ CEO Lasaco Insurance Plc Oladipo Ajayi at the event.
View ArticleFG Appoints Transaction Parties for Execution of Eurobond Programme
The Honourable Minister of Finance, Mrs Kemi Adeosun on Wednesday at the Federal Executive Council (FEC) meeting presented a Memorandum seeking approval for the issuance of the USD1.00 Billion...
View ArticleEFCC Storms Justice Ofili-Ajumogobia’s Home
Operatives of the Economic and Financial Crimes Commission, (EFCC), have visited the home of Justice Rita Ofili-Ajumogobia, at Park View Estate in Ikoyi, Lagos. It was gathered that the EFCC officials...
View ArticleNAICOM Unveils New Insurance Distribution Channels
Mohammed Kari, NAICOM Boss In continuous effort to deepened insurance penetration in Nigeria, the National Insurance Commission (NAICOM) is introducing new channels of insurance distribution in...
View ArticleNigerian Breweries Donates Library Facility to Lagos School
Photo shows staff/management of Nigerian Breweries Plc with Rotarians of the Rotary Club of Lagos; Sole Administrator of Surulere Local Government Council; Education secretary of Surulere Local...
View ArticleFirstBank Partners Eventful to Host the 2nd Edition of Fiesta of Flavours
…Drives the Food Economy through Entertainment First Bank of Nigeria Limited, Nigeria Most Valuable bank brand has reinstated its commitment to economic diversification through support for the...
View ArticleSouth Africa’s business confidence index rises to 93.9 in November
Business confidence in South Africa rose to its highest in four months in November, helped by improvements in new vehicle sales and manufacturing output, a survey showed on Wednesday. The South African...
View ArticleNIMASA DG canvasses utilization of PPP model for maritime infrastructure
Adequate provision of basic infrastructure has been identified as a necessary step capable of unlocking the vast opportunities in Nigerian maritime industry. This position was canvassed by the Director...
View ArticleGhana: Electricity to go up by 59.2%, water 67.2% – PURC
The Public Utility Regulatory Commission (PURC) has increased electricity tariff by 59.2 % and water tariff by 67.2% for residential consumers. The commission announced that changes are expected to...
View Article2016 Results Review – Underperform Rating Maintained
Slight cuts to 2016-17E EPS forecasts; PT down -4% In Q3 2016, Total Nigeria’s (Total) sales were up 58% y/y to N74.7bn while PAT grew faster. Similar to the trend observed for peers, key P&L...
View ArticleNovember Inflation Rate to Increase Further to 18.45%
We expect the November 2016 inflation rate (year-on-year) to increase further to 18.45% from 18.33% recorded in the month of October 2016. The expected increase in the inflation rate will be driven by...
View ArticleIslamic Development Bank Lists USD$1.25Bn Sukuk On Nasdaq Dubai
The Islamic Development Bank (IDB) listed a 1.25 billion US dollar Sukuk today on Nasdaq Dubai, the region’s international financial exchange. It is the seventh Sukuk listing on the exchange by the...
View ArticleGross Official Reserves Picked Up by US$820m in November 2016
CBN data show that gross official reserves picked up by US$820m in November on a 30-day moving average basis to US$24.8bn. The monthly average movement has been an outflow of US$430m over the past 12...
View ArticleShareholders of Union Bank give nod to N50bn rights
Shareholders of Union Bank Nigeria Plc, one of Nigeria’s leading commercial banks, have approved five resolutions authorizing the board of the bank to raise up to N50 billion through rights issue....
View ArticleGhana and Japan sign $100m loan agreement
Mr Seth Terkper, the Minister of Finance and Mr Kaoru Yoshimura, Japan’s Ambassador to Ghana Ghana has signed a $100-million (11,239 billion Yen) loan agreement with the Japan International...
View ArticleRoyal Exchange General Pays N.68b As Claims Q3 2016
Nigeria’s top underwriter Royal Exchange General Insurance Company, (REGIC), on Friday announced it has paid a total of N1.683billion as claims to its clients at the end of the third quarter (Q3) of...
View ArticleTwin Bomb Blast Rocks Adamawa, AsDeath Toll In At 47
The death toll in suicide attacks on two markets in Madagali town of Adamawa State has been put at 47 by an official of the local council according to report by Channels Television. Mr Yusuf Mohammed,...
View Article21 Killed In Multiple Accident In Edo State
No fewer than 21 persons lost.their lives in an accident involving a tanker, a motorcycle and other vehicles at the Abudu axis of the Benin Asaba expressway, according to report by Channels Television....
View ArticleAlleged Perversion Of Justice: Court Grants Order To Arrest Amaechi, Onu
A Federal High Court in Abuja on Friday granted leave to a group, Kingdom Human Rights Foundation, to initiate proceeding for an order to arrest the Minister of Transportation, Mr. Chibuike Amaechi,...
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