By Matthew Denis Abuja In a bid to ensure safety of the Financial institutions in the country, the Nigerian Deposit Insurance Corporation (NDIC) provides deposit insurance for 33 Deposit Money Banks (DMBs), 882 Microfinance Banks, 34 Primary Mortgage Banks (PMBs),…
The Debt Management Office (DMO) on Tuesday released two Federal Government Savings Bond offers for October. According to a statement by the DMO, the first one is a two-year bond due in Oct. 12, 2024 at interest rate of 11.38…
Africa’s global bank, the United Bank for Africa’s Foundation has been recognised as a leader in Corporate Social Responsibility at the just concluded 10th anniversary of the Marketing Edge brands and advertising excellence awards which was held in Lagos recently.…
President Muhammadu Buhari has reiterated the Federal Government’s commitment to drive industrilisation focusing on Small and Medium Enterprises (SMEs). Buhari said this while declaring open the 17th Abuja International Trade Fair with the theme: “Creating an Export-Ready Market through SMEs…
Nestlé is investing over one billion Swiss Franc ($1.01 billion) in its Nescafé Plan 2030 to help drive regenerative agriculture, reduce greenhouse gas emissions and improve farmers’ livelihood. The company said this in a statement by Mr. Bola Audu, Corporate…
The Nigerian insurance industry is expanding and expects to exceed its projections as consumer confidence grows and operators adopt more technology. Previously, the industry’s growth prospects were hampered by low penetration levels due to a lack of priority and trust…
The Pension Fund Operators Association of Nigeria (PenOp) on Tuesday lauded the National Pension Commission (PenCom) for releasing guidelines to access equity for residential mortgage. A statement made available by PenOp’s spokesperson, Ms Olajumoke Akinwa, in Lagos described the policy…
The National Drug Law Enforcement Agency (NDLEA) in collaboration with Attorney General Alliance, Africa (AGA-Africa) and the Roost Foundation has organised a two-day workshop for the training of critical stakeholders on tackling the menace of human trafficking, irregular migration, drug…
By Ismail Azeez, Osogbo An Osogbo Magistrate Court has ordered remand of four suspected Kidnappers in police custody over alleged kidnapping and Killing of All Progressives Congress (APC) Chieftain, Kazeem Alli in Osun State. The suspects, Fatai Owolabi, 60; Akinola Isiaka, 59;…
By Ridwan Adekunle A Federal Capital Territory High Court has fixed October 26 for the re-arraignment of former Accountant General of the Federation, Ahmed Idris, over an alleged N109 billion fraud. Idris was arraigned on a 14-count charges alongside Godfrey…
