The Nigerian Export-Import Bank has entered into a $1bn trade facilitation pact with the African…
Business & Economy
Insurers pay N143bn claims in third quarter 2018
Matthew Otoijagha Insurance companies have paid N143 billion as claims to policyholders who suffered losses as…
Two micro-insurance firms on verge of securing approval to operate
Matthew Otoijagha There are strong indications that two micro-insurance companies will soon commence operation as they…
Insurance, pension identified as instrument to mitigate election risk
Matthew Otoijagha Insurance and pension have been identified as reliable instruments to mitigate risks that stem…
Finance Houses can access N220b MSME cash-CBN
The Central Bank of Nigeria (CBN) said Finance Houses can now access N220 billion Micro Small and Medium…
Access Bank Acquires Diamond Bank
There are indications that Access Bank Group is close to acquiring Diamond Bank Plc. According to…
NCDMB unveils list of profitable vessels for Nigerian ship-owners
Matthew Otoijagha The Nigerian Content Development and Monitoring Board (NCDMB) has identified the types of vessels…
Senate, Ministry of transport demand collaboration for maritime development
Matthew Otoijagha The Senate Committee on Marine Transport and the Federal Ministry of Transportation (FMOT) have…
CBN to sanitize loan defaulting
The Central Bank of Nigeria is planning to introduce a new mechanism, called the ‘Global Standing…
Nigeria’s first gold refinery to provide over 500,000 jobs
Nigeria’s first gold refinery to be completed by the end of the first half of next…
Unity Bank partners NACCIMA to drive e-payment with debit cards
Unity Bank and the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) have…
FIRS targets N5.3tn by year-end
The Executive Chairman, Federal Inland Revenue Service, Tunde Fowler, has said it generated N5tn by the…
Maritime stakeholders task government on seaport development
Matthew Otoijagha As the Lagos Seaports currently battles with congestion, some stakeholders in the maritime industry…
Akeredolu to offset all pensioners’ gratuities from January
Matthew Otoijagha Ondo State governor, Mr. Rotimi Akeredolu, has assured pensioners in the State that his…
Imo state is owing pensioners N56bn ― NUP
Matthew Otoijagha The country celebrated the Pensioners Day on Tuesday, with a declaration by the Nigeria…
Governors owing salaries, pensions placed on ‘watch list
Matthew Otoijagha The Nigeria Labour Congress (NLC) is to liaise with the International Trade Union Congress (ITUC) to…
AfDB approves $15m equity fund for SMEs
The Board of Directors of the African Development Bank has approved a $15 million equity investment…