By Kayode Tokede Naira at the Investors & Exporters Foreign Exchange ( I & EFX) window appreciated by 0.11 percent to close at N410.83 against the Dollar on Tuesday. The local currency also gained by 0.33 percent and 0.35percent against…
By Kayode Tokede The Central Bank of Nigeria (CBN), under the Anchor Borrowers’ Programme (ABP), has approved the release of 50,000 metric tonnes of maize to 12 major producers, from the strategic maize reserve (SMR). The apex bank said that…
By Kayode Tokede Group Head, Emerging Businesses, Access Bank Plc, Mrs. Ayodele Olojede, has said that the bank remains committed to the growth and development of the Micro Small and Medium Scale Enterprises (MSMEs) sub-sector of the economy. She also…
The Economic and Financial Crimes Commission, EFCC, Enugu Zonal Office has arraigned Jossy Honnah and Ecobank before Justice S.N Odili of the Federal High Court sitting in Awka, Anambra State on a 20-count charge bordering on forgery and stealing to the…
Qualified women entrepreneurs in the Nigerian Oil and Gas industry can now benefit from the US$40m Women in Oil and Gas Intervention Fund deployed by the Nigerian Content Development and Monitoring Board (NCDMB) and Nexim Nigerian Export-Import Bank. The NCDMB…
…Our govt is irrevocably committed to uplifting the socioeconomic life of citizens — Gov. Oyetola The Governor of the State of Osun, Adegboyega Oyetola, on Tuesday flagged off the construction of 33KV power supply line from Ile-Ife to Garage-Olode (Awolowo…
By Asishana John The total gross claims paid by NEM Insurance Plc rose by 15 per cent to N8.4bn as of the end of 2020 from N7.3bn in 2019. The Chairman, NEM Insurance, Dr Fidelis Ayebaa, disclosed this during the…
By Asishana John Having obtained the necessary approvals from all relevant regulatory authorities, Law Union and Rock Insurance Limited has transited to Tangerine General Insurance Limited (“Tangerine General”). This development follows an earlier acquisition by Verod Capital Management Limited, through…
…as enrolment systems increase to 5,410 The Federal Government has approved the extension of the deadline for NIN-SIM data verification to the 26th of July, 2021. The decision to extend the deadline was made after a request by stakeholders on…
By Kayode Tokede Equities market transactions on the Nigerian Exchange Limited (NGX) on Tuesday closed on a positive trajectory as market recovers by N28.94billion. In summary, the NGX All-Share Index (ASI) increased by 55.50 basis points, representing a growth of…
