Eko Electricity Distribution Company (EKEDC) has solicited the support of the Lagos State Police Command in curbing assault on its employees and vandalism of electrical equipment. Mr Godwin Idemudia, the General Manager, Corporate Communications, EKEDC, made this known in a…
The National Insurance Commission (NAICOM) has warned that to strengthen Nigeria’s insurance industry, it may sanction more insurance companies through liquidation. This was disclosed by the Deputy Commissioner, Technical, NAICOM, Mr Sabiu Abubakar, at the Chartered Insurance Institute of Nigeria…
Capital Express Assurance Limited increased its total assets to N12.86bn in 2021 financial year from N11.95bn recorded in the previous year. The Board Chairman, Otunba Ademola Adenuga, disclosed this while speaking at the company’s 21st Annual General Meeting in Lagos…
Pension fund assets rose by N842.7 billion in the first half of the year, hitting a record high of N14.27 trillion from N13.42 billion recorded at the beginning of the year. This is according to a report released by the…
By Philemon Adedeji The Nigerian stock market yesterday ended on a bullish note with a gain of N365 billion following appreciation in Nestle Nigeria, MTNN, UACN and 16 others. In summary, the All-Share Index (ASI) grew by 675.72 absolute points,…
The Board of Directors of Ecobank Nigeria Limited has announced the appointment of Dr Nnaeto Orazulike as a Non-Executive Director. Orazulike is a seasoned business magnate, corporate administrator, and philanthropist. He is the Founder and Group Managing Director of Genesis…
By Philemon Adedeji Lafarge Africa plc, the Nigeria’s third Largest cement producer has posted gross profit of N96 billion for its 2022 half year H1 results, representing an increase of 32.6 per cent Year-on-Year (y-o-y) In its unaudited half year…
Minister of the Communications and Digital Economy, Profession Ali Ibrahim Pantami, has reaffirmed Federal Government’s determination to reverse the trend of importation of all types of telecommunications products, especially where production in Nigeria is possible. Pantami who spoke at the…
…We are committed to welfare of all NSDP beneficiaries By Seun Ibiyemi The Nigerian Maritime Administration and Safety Agency, NIMASA, is currently reviewing the cost of direct sponsorship of Nigerian cadets undergoing foreign training under the Nigerian Seafarers Development Programme…
By Ibiyemi Mathew The Director-General, National Information Technology Development Agency (NITDA), Kashifu Inuwa has revealed that the agency plans to train one million youths within 18 months. Inuwa disclosed this while delivering a keynote address at the Ogun Digital Summit on the theme…
