By Kayode Tokede Naira at the Investors & Exporters Foreign Exchange ( I & E FX) window on Tuesday appreciated by 0.2 per cent to close at N411.08 against the dollar. The local currency also appreciated by 0.1 per cent…
By Kayode Tokede FBN Holdings and five other Tier-2 banks operating in the country generated a total of N57.9billion from their customers’ current account maintenance and Electronic-banking income in first half (H1) of 2021. These six financial institutions in prior…
By Asishana John Transactions in the shares of Sovereign Trust Insurance, Mutual Benefits Assurance, and Transnational Corporation of Nigeria Plc dominated in volume terms, at the end of last week’s transactions on the equities sector of the Nigerian Exchange Limited…
By Asishana John A set of retirees under the Contributory Pension Scheme (CPS) wishing to earn pensions for life has put down N474.1 billion premium with life insurance companies offering retiree life annuity. Retirees bet N474bn in payment for life…
By Asishana John LASACO Assuran ce Plc has reported 11 per cent increase in its total assets despite the challenging operating environment in the country, In the financial report, the insurer declared N10.94billion gross premium written (GPW) in the year…
MTN Nigeria Communi cations Plc said its has cleared N95.5billion indebtedness to the Federal Government of Nigeria with respect to outstanding taxes. MTN’s Company Secretary, Uto Ukpana, made the clarification in a notice posted on the website of the Nigerian…
By Ibiyemi Mathew The Nigerian Communications Commission has invited stakeholders in the telecommunications industry to deliberate on three new regulations it seeks to implement. In a press statement issued by Dr. Ikechukwu Adinde, the agency’s Director of Public Affairs, he said the…
The National Information Technology Development Agency (NITDA) has drawn the attention of Information Technology sector stakeholders and the general public to a proposed bill aimed at repealing and re-enacting the NITDA Act, 2007 to develop “stakeholder-led robust regulatory architecture.” According…
…as MTN retains lead in number of GSM subscribers Telecommunication companies gained 195,313 subscribers in the month of July according to new industry statistics released by Nigerian Communications Commission(NCC) on Tuesday. According to the data, MTN Communications has maintained lead…
The Organization of Petroleum Exporting Countries (OPEC) and its allies are expected to press on with their planned revival of oil production when they meet next week, as prices bounce back from their August stumble. The coalition led by Saudi…
