The Lagos Commodities and Futures Exchange (LCFE) has screened Agvest Ltd. for listing of its N5 billion cashew nut contracts by diversified financial instruments. The financial instruments would be offered to the investing public through Commercial Papers (CP) and short…
By Asishana John The Institute and Faculty of Actuaries (IFoA) has awarded a Quality Assurance Scheme accreditation to AIICO Insurance, making the firm the first in Nigeria to bag such feat. AIICO’s Chief Actuary, Mr Wycliffe Obutu announced this in…
After gaining slightly on the first trading of the week, the Naira on Tuesday relapsed against the US Dollar to cat the Investors & Exporters window of the foreign exchange market on Tuesday, The Nigerian currency, which opened for trading…
By Kayode Tokede FMDQ Securities Exchange Limited (FMDQ Securities Exchange) has continued to fulfill its mandate to further deepen and effectively position the Nigerian Debt Capital Market (DCM) for growth, in support of the realisation of a globally competitive and…
By Kayode Tokede The African Export-Import Bank (Afreximbank) has successfully closed a $1.3 billion dual tenor bond issuance, its largest-ever transaction in the international debt capital markets. The bank announced this in a statement in Cairo, Egypt on Tuesday. It…
Kankara, President, Miners Association of Nigeria, has advised affected miners in Zamfara to stay away from their mining sites, until the Federal Government lift its ban. Kankara gave the advice in an interview with journalists on Monday in Abuja. The…
By Asishana John The Contributory Pension Scheme (CPS) assets that lost some funds in February has recorded N92 billion increased in March. The National Pension Commission (PenCom) disclosed this in its official website, in the unaudited report on pension funds…
As the world marks the 2021 World Telecommunication and Information Society Day, with the theme: “Accelerating Digital Transformation in Challenging Times,” telecommunication service provider, 9mobile has restated its commitment to drive the pace of digital transformation in Nigeria, through strategic…
By Asishana John Sovereign Trust Insurance Plc has announced a Profit Before Tax (PBT) of N510 million for the first quarter of 2021. A statement made available by the insurer on Tuesday in Lagos indicates that the figure represents 66…
By Kayode Tokede The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has faulted claims in certain quarters suggesting that the Bank’s targeted interventions in the agricultural sector are tilted in favour of a certain section of the country.…
