We have not raised Tariffs for Food Items, Luxury Goods-FG
Kemi Adeosun The Federal Government on Friday denied it has raised import duties on food items and luxury goods. The federal Ministry of Finance in a statement signed by its Director...
View ArticleNigeria’s 2017 Budget of Recovery & Growth – Bright and Sore Spots
Nigeria’s President Buhari presented the 2017 Budget to a rare joint session of the National Assembly on December 14th, 2016. The Budget speech was also the first major economic speech of the president...
View ArticleNASD USI Down by -1,25% WoW
Unlisted Securities Index As at Friday, 06 January 2017, the index closed at 618.55 points (down 1.25% on previous close of 626.39 points). PI Activity Market in Numbers (YTD – 6 January, 2017)...
View ArticleDiezani Alison-Madueke: forfeits $153.3 million
Former Nigerian oil minister, Diezani Alison-Madueke temporarily forfeited $153.3 million to the Nigerian government today. This was sequel to an order by a Federal High Court in Lagos. The seized...
View ArticleRecommended All-Share Merger Between London Stock Exchange Group Plc and...
London Stock Exchange Group plc (“LSEG”) and LCH Group Limited (“LCH Group”) announce today that they have received an irrevocable all-cash offer from Euronext N.V. (“Euronext”) to purchase LCH SA, LCH...
View ArticleGroup life insurance: Police present N15.4m to families of 30 deceased,...
The Police in Zone 5, with headquarters in Benin, Edo State, have presented cheques of N15.4 million to families of 30 police officers who were either killed or maimed in the line of duty especially in...
View ArticleWith God, Lagos‘ll Continue To Experience Steady Growth – Ambode
*Continue To Embrace God, Adeboye Urges Nigerians Lagos State Governor, Mr. Akinwunmi Ambode on Sunday attributed the steady growth of the State in all sectors to God’s intervention, just as he said...
View ArticleSSNIT defends 18% increase in pension benefits
The Social Security National Insurance Trust (SSNIT) has justified its 18% increment of pension benefits. This is despite complaints of pensioners who had hoped for a higher percentage increase of...
View ArticleGhana: ACTIVA Insurance gets new CEO
Solomon Lartey, New MD/CEO, ACTIVA The board of Activa International Insurance at its last November meeting in Conakry appointed Mr Solomon Lartey as its new Managing Director & Chief Executive...
View ArticleBuhari fire Jim Obazee, official responsible for Enoch Adebayo’s exit from RCCG
Jim Obazee, Financial Reporting Council of Nigeria January 9, 2017-Barely 48 hours after the exit of Pastor Enoch Adeboye, Jim Obazee, the man in charge in charge of Financial Reporting Council of...
View ArticleNaira Gains, Trades 490 at Parallel Market
At the time of writing, the naira — in the interbank market — had appreciated against two of the three currencies we currently track. The NGN/GBP (+1.24%) and NGN/EUR (+0.01%) appreciated to N384.82...
View ArticleYESGrant: Heritage Bank empowers 35 entrepreneurs with N50m
Ifie Sekibo, Managing Director/Chief Executive Officer, Heritage Bank Limited. As part of its culture of providing timely and affordable credit to assist youth in implementing their business ideas,...
View ArticleElumelu, Ovia others named top 10 living legends of Nigerian banking
…As Herbert Wigwe emerges Man of the year. In continuation of its ground breaking publications, Nigeria’s high rising publication, The Top10 Magazine hinas released the list of its Top 10 living...
View ArticleNAICOM restores Glanvill Enthoven Licences
The National Insurance Commission (NAICOM) has made a u-turn by reinstating the operating licences of Glanvill Enthoven Nigeria (GEN), a firm of incorporated insurance brokers. With this turnaround,...
View ArticleN510b Budget Support Facility: FG commences independent monitoring of State...
* Appoints KPMG, Ernst & Young, PWC to monitor, evaluate implementation of FS The Federal Government on Tuesday said it has commenced independent review of State financial management by...
View ArticleSenate rejects Akinwande for NERC Chairman, ask for new nominee
THE inability of the nominee of President Muhammadu Buhari for the chairmanship position of the Nigerian Electricity Regulatory Commission (NERC), Professor Akintunde Akinwande to appear before Senate...
View ArticleSIC Insurance Explains Deal With Ivory Finance
SIC Insurance, Ghana’s largest general insurer, has provided insights into a deal it entered into with Ivory Finance for the construction of affordable houses in the country about three years ago. On...
View ArticleBuhari removes four heads of Aviation parastatals
President Muhammadu Buhari has removed four heads of parastatal agencies and college in the nation’s aviation industry. A statement released by the Permanent Secretary, Federal Ministry of...
View ArticleNIMASA redeploys Directors, others
The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has approved the redeployment of some senior management staff of the Agency. According to...
View ArticleFG reconstitutes FRC board, suspends Code
President Muhammadu Buhari has approved the immediate removal and the replacement of the Executive Secretary and the reconstitution of the board of the Financial Reporting Council of Nigeria (FRC). He...
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