By Kayode Tokede Amid the sector reforms by National Insurance Commission (NAICOM), coupled with cheap price of its shares, the Insurance Index on the Nigerian Stock Exchange (NSE) outperformed Banking and Oil/Gas indices in 2020, our correspondent can report. The…
By Kayode Tokede The Nigerian Stock Exchange (NSE) has announced the results of its annual full year market index review for the following indices – the NSE 30, NSE Lotus Islamic, NSE Pension, Corporate Governance Index, Afrinvest Bank Value Index,…
By Kayode Tokede AIICO Insurance Plc and Prestige Assurance Plc have announced listing of additional shares on the Nigerian Stock Exchange (NSE). AIICO Insurance said it listed additional 4,357,770,954 Ordinary Shares of 50 Kobo on the Daily Official List of…
Banks have warned customers of fraudsters who are taking advantage of the National Identity Number (NIN) exercise of the federal government to access their mobile phone to steal vital information. Specifically, FCMB in a message to its customers stated that,…
The naira weakened against the dollar by 4.5 per cent on its week-on-week (w/w) performance to N410.25/USD at the Investors & Exporters Foreign Exchange (I&E FX) window. It also depreciated by 1.1 per cent to N470.00 wow against the dollar…
By Joshua Elekwachi,Abuja. Senator representing Anambra Central Senatorial District, Senator Uche Ekwunife has congratulated a worthy daughter of Anambra Central Senatorial District, Mrs Nneka Onyeali-Ikpe as she assumes office as the substantive MD/CEO of Fidelity Bank Plc. Ekwunife in a…
By Kayode Tokede Banks and Merchant Banks operating in Nigeria deposit with Central Bank of Nigeria (CBN) dropped by 38 per cent to N7.25trillion in 2020, our correspondent can report. However, in 2019, banks and merchant banks deposited N11.66trillion with…
Mrs Nneka Onyeali-Ikpe, has formally assumed office as the 4th Managing Director and Chief Executive Officer and first female to occupy the position at Fidelity Bank Plc, effective on Jan. 1. On Sunday, in Lagos, the bank disclosed that Onyeali-Ikpe…
By Matthew Denis Hundreds of disengaged workers of the Kwara State Universal Basic Education Board on Wednesday held a peaceful protest over the termination of their appointments by the state government. The aggrieved teachers who converged in multitude at the…
Governor Babajide Sanwo-Olu has assured Lagos State residents that the N1.163 trillion would expand opportunities for residents to flourish despite the economic challenges caused by the disastrous events. This statement was in reaction to the 2021 budget financial document signed into law on…
