Underwriting firms face acquisition, mergers over poor capitalization

Matthew Otoijagha More than two-thirds of insurance companies are valued below the minimum capital requirement to…

Non-oil sector not competitive to drive nation’s economy- Experts

Despite Federal Government’s efforts at leveraging a vibrant non-oil sector to boost nation’s economy, the sector…

FIRS rakes in N12.66b from billionaire tax debtors

The Federal Inland Revenue Service has announced the collection of N12.66 billion in tax revenue from…

CBN withdraws Skye Bank’s license

The Central Bank of Nigeria (CBN) has withdrawn the operating license of Skye Bank. CBN Governor,…

Berger Paints appoints Ayokunle Ayoko as Company Secretary

The Board of Directors of Berger Paints Plc has approved the appointment of Mr. Ayokunle Ayoko…

APH charges delegates on partnering to develop regional deep seaport

Matthew Otoijagha African Countries need to look into the possibilities of partnering as part of measures…

Honeywell to pay shareholders N475.8 million as dividend

The Chairman, Board of Directors, Honeywell Flour Mills, Dr Oba Otudeko has said shareholders of the…

TBMSC regime: Underwriters lobby brokers to secure their businesses

Matthew Otoijagha As the race for Tier-Based Minimum Solvency Capital (TBMSC) intensified, underwriters are trooping to…

Heritage Bank partners NPA on infrastructure

The maritime sector through Nigerian Port Authority (NPA) is set to get improved infrastructural boost as…

FG targets N6bn from 20 silos’ concession

The Federal Government is to get about N6bn from the concession of 20 silos in different…

FG suspends national carrier project indefinitely

The Federal Government has suspended the planned commencement of operations of Nigeria Air. Although no reason…

Economic empowerment for women is paramount- Wigwe

Group Managing Director/CEO Access Bank Plc, Herbert Wigwe said economic empowerment for women is needed to…

NSE approves May & Baker’s N2.45b rights issue

The Nigerian Stock Exchange (NSE) has approved the plan by May & Baker Nigeria Plc to…

LASACO Assurance to sell 40b shares

LASACO Assurance Plc plans to issue up to 40 billion ordinary shares of 50 kobo each…

FG transfers 21% shares in the mint to CBN

The Federal Government has transferred its 21 per cent shares in the Nigerian Security Printing and…

Zainab Ahmed resumes as Acting Minister of Finance

The Acting Minister of Finance, Mrs Zainab Ahmed, on Monday formally assumed duties at the headquarters…

CBN approves disbursement of lower denominations

In a bid to get rid of dirty Naira notes in the public domain, the Central…

FG liability on accrued pension grows to N67b

Matthew Otoijagha The Federal Government’s liability on accrued pension to its employees has risen to about…

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