The sustained rally in the banking stocks yesterday lifted the stock market performance as the Nigerian Stock Exchange, NSE, market capitalisation increased by N16.5 billion to close at N9.1trillion. In ...
By Nojeem Adetuberu There is an urgent need to examine the activities of certain Non-Governmental Organisations (NGOs), considering the abundant declarations they make and the demands placed on corporate organisations ...
Heritage Bank has embarked on mass retrenchment of its workers with 400 staff sacked in December. Investigations by the News Agency of Nigeria (NAN) on Monday indicated that more workers ...
With the double digit inflation and naira devaluation affecting the prices of goods and services across the country, the owners of the 16 million vehicles plying Nigeria’s roads will have ...
Pension Fund Administrators, PFAs, have accused life insurance companies of contravening the Pension Reform Act, 2014 by luring retirees under the Contributory Pension Scheme, CPS, with mouth watering loan offers ...
Ahead of this year’s raining season, insurers are considering a national policy on flooding and how awareness can be massively created. Underwriters under the aegis of the Nigerian Insurers Association, ...
Banks’ deposit fell by N213 billion in December, reflecting impact of the economic recession on individuals and businesses. Meanwhile, Federal Government’s Bonds, FGB, recorded significant sell off last week leading ...
The banking industry has witnessed efforts by several banks to encourage savings habits and mobilise cheap funds through savings promotions that offers more than the paltry interest rate. Two of ...
In this second edition of our Executive Platform interview series we present the positions of the Managing Director of Nigerian Deposit Insurance Corporation, NDIC, Alh. Umaru Ibrahim, on threats to ...
Over 10, 000 ex-staff of banks have sued the One of those convinced that Nigerians should adopt bitcoins is the Managing Director of the Nigeria Deposit Insurance Corporation (NDIC) and ...