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Global Money Week: FirstBank Promotes Financial Literacy

    Nigeria’s Most Valuable Bank Brand, First Bank of Nigeria Limited, is joining the rest of the world in celebrating the 2017 Global Money Week to engage children and youths on the rudiments of...

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How to get more Ugandans buy insurance

Ibrahim Kaddunabi, Miriam Magala and Mustapha Mugisa           Insurance regulator, experts share views at high profile meeting in Kampala How do you convince more Ugandans to buy insurance? That was...

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Enact Policies To Attract Africa’s Pension Funds To Invest In Continent’s...

  Mayaki Africa must commit to a roadmap that will allow African Pension Funds to invest in Africa’s own infrastructure projects, Ibrahim Assane Mayaki, Chief Executive Officer of the Nepad Planning...

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FBN General report 17.4% increase in gross premium in 2016

Bode Opadokun         Nigeria’ s top Insuer, FBN General Insurance, said its gross premium  for the financial year 2016 grew by 17.4 percent from N1.8 billion in 2015 to N2.2 billion at the close  of...

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Guaranty Trust Bank Plc – Management expects higher earnings in 2017

Segun Agbaje, Group Managing Director/CEO, Guaranty Trust bank Plc   Guaranty Trust Bank of Nigeria Plc held its earnings conference call to explain its FY’16 results. We retain our target price (TP)...

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FGN Savings Bond Teaser and Auction Notice

    The Debt Management Office (DMO) has indicated that the next FGN Savings Bond offer will open on Monday, April 03 2017 and close on Friday, April 07 2017. As an agent to the DMO, kindly find below...

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AMCON hands over Keystone Bank to new investors

    Following the sale of Keystone Bank to Sigma Golf-Riverbank Consortium by the Asset Management Corporation of Nigeria (AMCON), the new investors have finally taken possession with a view to...

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Obasanjo’s wife files suit in Lagos court to stop son’s wedding

          Mrs Taiwo Obasanjo, wife of former President Olusegun Obasanjo, on Monday, filed a suit at an Ikeja High Court, seeking to stop the wedding of her son, Olujonwo Obasanjo, scheduled for May...

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Zurich Insurance moves into takaful with Malaysia buy

  Zurich Insurance is set to take full ownership of Malaysia’s MAA Takaful after the deal received regulatory approval, giving Europe’s fifth-biggest insurer a foothold in the world’s second largest...

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Nigeria pension office sacks five deputy directors for alleged employment fraud

  Executive Secretary, Pension Transitional Arrangement Directorate, PTAD, Barr. Sharon Ikeazor [Photo: icpc.gov.ng] Bassey Udo Five deputy directors of the Pensions Transitional Arrangement...

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Senate urges FG to Release N174bn bailout funds for pension arrears

 Some retirees     The Senate on Tuesday urged President Muhammadu Buhari to order the immediate release of N174 billion voted in the 2016 budget for payment of pension arrears. The upper chamber said...

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Forex: CBN Slashes BDC Rate to N360…$100m Offer Fully Subscribed

    Barely 24 hours after its directive to Deposit Money Banks (DMBs) in the country to sell foreign exchange obtained from it to retail end-users at not more than N360/$1 for invisibles, the Central...

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Wema Bank appoints Babatunde Kasali as Non-Executive Director

    The Board of Directors, Wema Bank Plc. has appointed Mr Babatunde Kasali as a Non-Executive Director of the Bank following the approval of the Central Bank of Nigeria. The appointment took effect...

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President Adesina leads AfDB mission to India ahead of 2017 annual meetings...

  The president of the African Development Bank Group (AfDB) Akinwumi Adesina and Senior Official of the Bank will make a four-day official visit to India beginning on Thursday, March 30, 2017 to...

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FCMB Customers Deposit Down By N42.6bn In 2016*As Investors Gets N0.10k Dividend

Nigeria’s lender, FCMB Group has said that its customers deposit dropped by N42.607 billion during the 2016 financial year. This is contained in its consolidated and separate statements of financial...

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Just In: Senate Suspends Ali Ndume For Six Months

The Nigerian Senate on Wednesday suspended Senator Ali Ndume for six months for bringing Senator Dino Melaye, the Senate President Dr. Bukola Saraki and the institution of the Senate to an unbearable...

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Photo News: Staffs of FBN Insurance at the Marketing Conference and 2016...

R-L: Val Ojumah, Managing Director, Johan Schalkwyk, Chief Operating Officer, Odinakachi Umekwe, Head, Retail Distribution, Roseline Iyogoya, Silver Award Winner, Nwamiri Adaku, Gold Award Winner, and...

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Photo News: Benola Cerebral palsy Initiative visit to FBN Insurance

L-R: Festus Izevbizua, Chief Financial Officer, FBNInsurance, Johan Schalkwyk, Chief Operating Officer, FBNInsurance, AVM Femi Gbadebo (Rtd.) OFR, Val Ojumah, Managing Director, FBNInsurance and Emeka...

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Breaking News: CBN Licences Development Bank of Nigeria

Kemi Adeosun The Central bank of Nigeria (CBN) on Wednesday approved the grant of a Wholesale Development Finance Institution Licence with national authorization to the Development Bank of Nigeria...

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Nigeria Priced Its US500m Notes At A Yield Of 7.5 %

Kemi Adeosun         The Federal Republic of Nigeria (the “Republic”) on Wednesday announces that it has priced its offering of US$500 million aggregate principal amount of notes (the “Notes”) at a...

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