By Asishana John Lasaco Assurance Plc has recorded a 115 percent growth profit after tax (PAT) for the year ended December 31, 2020, despite the challenging business environment. The figure grew from N315.75 million in 2019 to N679.36 million in…
By Asishana John President Muhammadu Buhari has charged insurance firms in the country to take advantage of ongoing efforts by the federal government to grow the non-oil sector of the economy through innovation. He also commended the insurance companies for…
By Asishana John The Lagos State Government says it has paid 245 retirees over N1bn pension benefits for the month of August. The Director-General, Lagos State Pension Commission, Mr Babalola Obilana, said this during the 88th Bond Presentation Ceremony in…
By Asishana John Veritas Kapital Assurance Plc has posted Gross premium amounting to N6,063,203 for the year, 2020 financial year, which translates to 105 percent growth when compared to N2,953,792 recorded in the 2019. While the Underwriting Profit accounted N1,203,658…
Minister of State, Petroleum Resources, Chief Timipre Sylva, has called for urgent agreement that will lead to the setting up of an African energy bank to accelerate and sustain hydrocarbon business activities business activities in the continent. Sylva’s statement is…
Nigeria is leading discussion on the role of gas toward achieving global energy transition as the African Energy Week (AEW) 2021 places energy poverty history at the forefront of the event’s agenda. The conference is providing a platform for a…
The Manufacturers Association of Nigeria (MAN), Kano and Jigawa state Branches, have decried what they called high electricity tariff the electricity distribution company (DisCo) was charging manufacturers. The complaint was contained in a statement jointly signed by the chairmen of…
By Racheal Oyelola The State Commissioner for Education, Science and Technology, Dr. Olabimpe Aderiye has charged both parents and teachers to be focused, diligent and alive to their responsibilities in the task of ensuring qualitative education for school children in…
By Kayode Tokede Foremost diagnostic firm, Union Diagnostics and Clinical Services Plc, says it has received approval from the Securities and Exchange Commission (SEC) and other agencies to delist its shares from the Nigerian Exchange Limited (NGX). The indigenous medical…
By Kayode Tokede As Nigerian Exchange Group Plc (NGX Group) is set for its maiden Annual General Meeting (AGM) after its demutualisation, members of the Association of Securities Dealing Houses of Nigeria (ASHON) have renewed confidence in the organization and…
