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NAICOM Targets 3m Insurance Agents to Deepen Sector Growth
By NIYI JACOBS
The National Insurance Commission (NAICOM) has set an ambitious target to increase the number of insurance agents from 50,000 to 3...
Banking & Finance
Economy
Senate approves Buhari’s $16.2bn, €1.02bn foreign loan request
By Abiodun Jimoh
The Senate on Wednesday approved President Muhammadu Buhari’s loan request of $16,230,077,718 billion, €1,020,000,000 billion, under the 2018-2020 External Borrowing plan.Also approved...
Technology
UZOKA-ANITE CONVENES GROUNDBREAKING GOVERNMENT–PRIVATE SECTOR (GPS) DIALOGUE SERIES WITH SOUTHEAST BUSINESS...
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The Honourable Minister of State for Finance, Dr. Doris Uzoka-Anite, CFA, has convened the first edition of the Government–Private Sector (GPS) Dialogue Series– a...
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PRESIDENT BUHARI PROMISES TO ADDRESS FOREX SUPPLY TO MANUFACTURERS FOR IMPORTATION
The Federal Government will take appropriate measures to improve access to foreign exchange for importation of raw materials and machines that are not available...
Nigerian banks closed 234 branches, 649 ATMs amid COVID-19 pandemic
The International Monetary Fund (IMF) has said Nigerian banks closed 234 branches and 649 automated teller machines (ATMs) in 2020 amid the COVID-19 outbreak.The...
PenCom Unveils Leadership Council to Drive Pension Reforms
In a major step to strengthen Nigeria’s pension architecture, the National Pension Commission (PenCom) is inaugurating the Pension Industry Leadership Council (PILC), a strategic...
Father Faces Threats for Resisting Daughter’s Circumcision
A resident of Ogun State, Mr. Oluwo Azeez, has raised the alarm over persistent threats from family members following his refusal to subject his...
News
REA, ECOWAS Sign $700,000 Deal to Solar-Power 15 Health Centres and Schools
Rural Electrification Agency (REA) has signed a Memorandum of Understanding (MoU) with the Economic Community of West African States (ECOWAS) Commission to electrify 15...
FCMB’s Flexxtern Programme Empowers Young Graduates with Real-World Experience
As the latest cohort of 30 young graduates complete their internships through the First City Monument Bank-powered Flexxtern programme, partner organizations praise the initiative...
Jaiz Bank Becomes 2024’s Most Promising Islamic Bank
By Niyi Jacobs
In a prestigious recognition, Jaiz Bank, Nigeria's pioneering Non-Interest Bank, has been awarded the 2024 Global Most Promising Islamic Bank by...
Fidelity Bank, Others To Stop Accepting Old £20, £50 Notes From Dec 31
By Abiodun Jimoh
Banks in Nigeria will stop accepting old £20 and £50 notes from December 31, 2021.This is to enable proper conclusion of cash...
NAICOM Grants Operational License to CHI Life Insurance for Life Insurance Operations
By Niyi JacobsThe National Insurance Commission (NAICOM) has officially granted an operational license to CHI Life Insurance Company, enabling the firm to commence life...
Investments
PHOTOJOURNALISTS HONOUR LAGOS NAWOJ CHAIRPERSON WITH EXEMPLARY LEADERSHIP AWARD
The Photojournalists Association of Nigeria (PJAN) has recognized Comrade Adeola Ekine, Chairperson of the Nigeria Association of Women Journalists (NAWOJ), Lagos State Chapter, with...
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