Cornerstone Insurance has recorded a drop in its full year 2020 profit by as much as 46.6 per cent despite a signifcant improvement in its gross premium written (GPW), according to its financial report seen by Nigerian NewsDirect agent. The…
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday retained the Monetary Policy Ratio at 11.5 per cent for the fifth consecutive time. The CBN Governor, Mr Godwin Emefiele, presenting a communique from the MPC…
…Promises to woo more investors to Tanzania President of Dangote group, Aliko Dangote on Monday assured the new President of Tanzania, Samia Suhulu that Dangote group will increase its investment in the country and inform investors all over the world,…
The Director-General of the World Trade Organisation (WTO), Dr Ngozi Okonjo-Iweala, said the African continent needed more fiscal stimulus to engender economic growth and recovery. Okonjo-Iweala spoke at the UBA Africa Conversations 2021 with the theme: “Africa to the World,”…
By Faizat Adeboye 143 school teachers were trained on cyber bullying and strategies to prevent the act by Access Bank and Xploit Consulting Company Limited on Monday in Abuja. Director, Communication of Xploit Company, Mrs Grace Taiwo said that the…
Shareholders of 11Plc, a downstream oil and gas company, have approved the dividend payment of N3.06bn for the 2020 financial year. The approval was given at the 43rd Annual General Meeting (AGM) of the company in Abuja, the company said…
The Central Bank of Nigeria (CBN) has debited banks a total of N120.2 billion for failing to meet its Cash Reserve Ratio (CRR) policy CRR debits implemented by the CBN from time to time and estimates over N10 trillion has…
Naira at the Investors & Exporters Foreign Exchange (I & E FX) window on Tuesday depreciated by 0.08 per cent against the Dollar to close at N411.56. The local currency gained against the Euro and Pound Sterling by 0.10per cent…
Attention over the recent repatriated £4.2million James Ibori loot has since gathered cloud, following the disclosure of the arrival of the fund by the Attorney General of the Federation and Minister of Justice, Abubakar Malami, SAN. The AGF had also…
The University of Lagos says a total of 19 of its research outputs, including AmbuVent, have been patented in the past three years, with the Lagos State Government approving them for clinical trials. Our Correspondent reports that the AmbuVent, was…
