Gov. Seyi Makinde of Oyo State has called on states to focus more on productive activities that can boost internally generated revenues. Makinde, made the call while reacting to the Supreme Court judgment that granted financial autonomy to local governments.…
Despite the harsh operating environment in the country, Universal Insurance Plc has projected a premium income of N20 billion for the 2024 financial year. The Managing Director of Universal Insurance, Mr. Ben Ujoatuonu made the revelation at the 2023/2024 Annual…
A Non-Governmental Organization (NGO), Drug Free World Africa (DFWA) has proposed an adoption of a public health literacy model derived from African traditional knowledge and ethics to fight substance abuse and drug addiction in Nigeria and Africa. The proposal was…
The value of pension funds in Nigeria increased by 2.23 percent month-on-month to cross the N20 trillion mark to N20.23 trillion in May 2024. According to the unaudited report on the pension funds industry portfolio for the period ended May…
By Esther Agbo Sovereign Trust Insurance Plc is gearing up to host its annual Ikoyi Club 1938 Table Tennis competition, set to commence from July 15 to July 19, 2024, at the Table Tennis Section of Ikoyi Club 1938. This…
By Esther Agbo AIICO Insurance Plc, one of Nigeria’s premier composite insurers, has reached a significant milestone, disbursing over N200 billion in claims and benefits over the past five years. This achievement highlights AIICO’s steadfast dedication to providing financial security…
…New Subscription Manager service lets consumers track subscriptions at a glance. Visa, a world leader in digital payments, has announced the launch of Subscription Manager, a new, all-in-one service for financial institutions to provide Visa cardholders with a simple, convenient…
In its continued drive to financial inclusion across Nigeria, leading fintech company PalmPay, continues to give its users unlimited free transfers to all banks. This feature which was introduced earlier in the year has been allowing users to make transfers…
The prevalence of fraud and forgery in Nigeria’s payment system has shown a significant shift in the first quarter of 2024, with Point-of-Sale (POS) transactions experiencing the highest increase in fraudulent activities. According to the Fraud and Forgeries Report in…
Stakeholders in the telecommunications industry have said the Federal Government’s plan to deploy 90,000 kilometres of fibre optic cables across the country will face several obstacles, especially from state governments, that might truncate the project. According to them, without addressing…
