Central Bank to disburse lower currencies to microfinance banks
To stem the scarcity and hawking of the currency, the Central Bank of Nigeria (CBN), has released guidelines for the...
AXA Mansard underwrites N29bn in H1 2019
AXA Mansard Insurance plc, a member of the AXA Group has announced its unaudited financial results for the period ended...
Fajemirokun Appointed AIICO MD/CEO, NSE All-Share Index Falls Further
AIICO Insurance Plc has appointed Mr. Babatunde Fajemirokun as the managing director/chief executive officer (MD/CEO) effective August 14, 2019. He...
Consolidated Insurance unfolds plan to attain N10 billion recapitalisation
The Consolidated Hallmark Insurance has revealed its laid down plans on how it will attain the new recapitalization directive NAICOM...
Falling oil price won’t change our production– NNPC
Nigeria will not alter the production adjustments agreed upon between Organisation of Petroleum Exporting Countries and Non-OPEC countries despite recent...
Shareholders okay Red Star Express N253m dividend
Shareholders of Red Star Express Plc have approved a dividend of N253 million, totaling 43 kobo for every 50 kobo...
Okomu Oil to Boost Performance with 5,000 Hectares of Oil Palms Plantation
Okomu Oil Palm Plc wednesday said it was making efforts towards the cultivation of 5,000 hectares of oil palms in...
Investors lose N109bn to depreciation in MTN, other stocks
Price depreciation in MTNN (-1.3%), GUARANTY (-2.1%) and FBNH (-6.1%) made investors to lose N109 billion as market capitalisation fell...
Be vigilant against Ebola, NCAA warns airlines
The Nigerian Civil Aviation Authority has directed all airline operators, especially those operating regional and international flights into the country...
Ikeja Electric, Mojec Sensitise Customers on Meter Registration
Ikeja Electricity Distribution Company (IE), in conjunction with one of its Meter Asset Providers (MAPs), Mojec Meter Assets Management Company,...
City escape transfer ban, fined £315,000
Manchester City have avoided a transfer ban after FIFA found the Premier League club guilty of falling foul of regulations...
Barca, Madrid Continue Battle for Neymar
A number of Real Madrid players are reported to have contacted Neymar to try convince him to move to the...
Report says Arsenal undersold Iwobi to Everton
Arsenal fans celebrated Alex Iwobi’s £40 million switch to Everton as the best business of the summer – but computer...
Oil inches above $60 as U.S. delays tariffs on Chinese goods
Oil prices continued to rally yesterday, following reports that the United States has decided to delay the next round of...
Senate seeks divestment of 40% govt’s stake in DisCos
The Senate has urged the Federal Government to divest its 40 per cent stake in electricity distribution companies (DisCos) to...
Why FG’s bonds were oversubscribed in 2019 – Expert
The Federal Government has recorded oversubscription of its savings bonds offers consistently since January 2019. The Debt Management Office (DMO)...
Foreign investors acquiring insurance firms over recapitalisation
Many indigenous underwriting firms have been taken over by foreign investors since the last recapitalisation that took place in the...
Host Communities Seek Payment of N98bn Gas Flare Penalty Fund
Members of the Host Communities of Nigeria Producing Oil and Gas (HOSCON) have declared as unacceptable the federal government’s continuous...
LAPO Microfinance targets N154 billion loan deals in 2019
LAPO Microfinance Bank Limited is targeting a disbursement of N154 billion loan as support to Micro, Small and Medium Enterprises...
CBN to auction N34bn T-bills today
The Central Bank of Nigeria is on Wednesday billed to auction N34bn worth of Treasury bills, 14, roll over existing...
‘Nigeria can fight poverty if forex potential is explored’
Nigeria can reduce its level of unemployment and fight poverty if the potential in the foreign exchange (fx) market is...
Debt Market Capital to Get more Boost as FMDQ Transforms
The Nigerian debt capital market is set to witness a boost following the transformation of the FMDQ OTC Securities Exchange...
Mane battles Messi, Ronaldo for best CL forward award
The Senegal international could be rewarded for his sterling performances last season in the European competition Liverpool forward Sadio...
Everton sign Arsenal’s Alex Iwobi for £34m
Everton have signed forward, Alex Iwobi, from Arsenal on a five-year deal worth up to £34m. Iwobi came through the...
Court sends Sowore to 45-day detention, Nigerians attack FG
The Federal Government and the judiciary came under attack on Thursday as a Federal High Court in Abuja granted the...
Powered by Agusto & Co.