By Kayode Tokede The National Insurance Commission has announced that from September 1st, all its operations will be done online including the processing of requests from insurance companies. The announcement was contained in a circular issued on in ABUJA on…
By Kayode Tokede Access Bank Plc has released its audited half year ended June 30, 2021 results with 1.2 per cent increase in profit before tax to N97.5billion as against N74.31billion reported in prior half year result and accounts. The…
The Nigeria National Petroleum Corporation (NNPC), which is looking to pay for a 20% stake in the refinery representing $2.7 billion, will be paying one-third of the money in cash, one-third in the supply of crude and one-third from the profit the…
The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Mele Kyari, has assured that the corporation would no longer render free service to the federal government once the firm becomes fully commercialised in coming months. NNPC boss made this disclosure…
Dangote oil refinery complex being built in Nigeria by a company owned by Aliko Dangote, Africa’s richest person, will cost more than double the amount originally projected. “Our capex will almost go to $19 billion by the time we finish,” Devakumar Edwin,…
By Alao Matthew Total Nigeria Plc has appointed Dr. Samba Seye as the new Mangaing Director of the company. Seye would be replacing Mr. Imrane Barry who has been re-assigned to TotalEnergies SE Headquarters in Paris from his previous position…
By Kayode Tokede Transactions on the Nigerian Exchange Limited (NGX) stock market on Wednesday closed on a bearish note, taking the trading losses to the third consecutive day as investors’ investment lower by N18.5 billion. The NGX All-Share Index (ASI)…
Financial mishandling in Nigeria’s public administration has remained a deep seated phenomenon. With broadening extension over the years, the dimensions of the wings of the deficiency have well become an estate accommodating sharp practices which have eaten deep into the…
By Kayode Tokede Some capital market operators and regulators say socially responsible investments like Sukuk and Green Bonds have the potential to grow the country’s economy. They expressed the view at the Nigerian Exchange (NGX) Limited virtual retail investor coverage,…
The Nigerian Exchange Limited (NGX) has reiterated its commitment to leverage technology to digitize securities investment and other market related transactions. The Chief Executive Officer, NGX, Temi Popoola, disclosed this during the Business Morning Show on Channels Television on Tuesday.…
