NAICOM retires more directors The Director, National Insurance Commission (NAICOM), Inspectorate Directorate, Pius Agboola, and his Administration and Human Resources counterpart, Habila Amos, have retired. Recently, the commission’s Director, Finance and Accounts (DFA), Barineka Thompson, also retired in line with the Federal Government’s new tenure policy. Agboola and Amos[Read More…]
LASACO Assurance maintains stable performance LASACO Assurance Plc has maintained the A(NG) performance rating in the latest GCR rating. The company in a statement said it hit the “stable outlook” standard in the last performance assessment of the world-acclaimed rating agency, maintained the feat through professional discipline, customer relations,[Read More…]
Fidelity Bank records highest earnings per share on the NGX for H1 2023 For the second year running, leading financial institution, Fidelity Bank Plc, has emerged the company with the highest earnings per share on the Nigerian Exchange Limited (NGX) based on half year financial figures. According to a[Read More…]
FG discovers illegal crude oil connection in Abia The Federal Government’s Oil Theft Situation Assessment Delegation to the Niger Delta Region during the tour of states in the region. An oil theft situation assessment delegation deployed in the Niger Delta by President Bola Tinubu discovered an illegal oil connection[Read More…]
Dangote Emerges Most Valuable Brand In Nigeria For 6th Year Dangote Industries Limited has emerged as Nigeria’s most valuable brand for the sixth consecutive year, as confirmed by the brand and marketing firm, TOP 50 BRANDS NIGERIA. Winning the award for a record 6th time confirms the foremost African indigenous[Read More…]
Brics Summit: Nigeria committed to collaborating with China, African countries – Shettima The Vice President, Kashim Shettima, has said that Nigeria remains committed to collaborating with China and African countries to ensure that the objectives of the partnership are achieved for the benefit of both parties. Mr Olusola Abiola,[Read More…]
Heineken sells off Russian beer business for €1 Heineken has finally sold off its Russian business for €1 – or 86p – nearly a year and a half after first pledging to do so. The Dutch brewer said it will take a loss of €300m on the division, which[Read More…]
Nigeria’s unemployment rate dropped to 4.1%, National Bureau of Statistics reveals Nigeria’s unemployment rate dropped to 4.1 per cent in the first quarter of 2023 from 5.3 per cent in the fourth quarter of 2022. Semiu Adeniran, the statistician-general of the federation and CEO of the National Bureau of[Read More…]
Budget Minister Promises Strict Project Monitoring Minister of Budget and Economic Planning Atiku Bagudu has said his agenda for office would be anchored on President Bola Tinubu’s ‘Renewed Hope’ agenda for sustainable economic development and democratic governance, while also outlining the key priorities of his administration. Mr Bagudu said[Read More…]
Manufacturers want Govt Support To Revive Local Textile Industry Manufacturers are soliciting federal government intervention in the revitalisation of Nigeria’s textile sector. The operators called on President Bola Ahmed Tinubu to showcase increasing interest in rejuvenating the manufacturing sector to boost indigenous entrepreneurship in the country. This call for intervention[Read More…]
