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Mutual Benefits Assurance

Mutual Benefits Assurance Changes Registrar

September 2, 2021
By Aduragbemi Omiyale One of the players in the insurance industry in Nigeria, Mutual Benefits Assurance Plc, has announced a new registrar. A statement issued by the company disclosed that it has chosen Apel Capital Registrars Limited as its new registrar, replacing Meristem Registrars and Probate Services Limited. In the notice signed by the company secretary, Ide Ibitayo, the reason
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Nigerian Green Bond Market

Nigerian Green Bond Market Grows to N49.19bn

September 2, 2021
By Dipo Olowookere In three years, the Nigerian green bond market grew by N49.19 billion from the scratch, giving local investors alternative investment opportunities and deepening the ecosystem, Business Post reports. Before 2017, the space was untapped but the desire by the regulators, including the Securities and Exchange Commission (SEC), the Debt Management Office (DMO) and the Nigerian Exchange (NGX)
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Kingsley Obiora Deputy Governor CBN

CBN Denies Failure to Remit 80% Operational Surpluses to CRF

September 2, 2021
By Adedapo Adesanya The Central Bank of Nigeria (CBN) has denied the allegation put to it by the Senate that it failed to remit 80 per cent of its operational surpluses into the Consolidated Revenue Fund (CRF) in the last five years. This came from Mr Kingsley Obiora, CBN Deputy Governor in charge of Economic Policy, at the senate public
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Benin River Port Project

Obaseki Lures Investors With Benin River Port Project

September 2, 2021
By Adedapo Adesanya The Governor of Edo State, Mr Godwin Obaseki, has called on stakeholders, especially investors, to take advantage of the geographical location of the Benin River Port project, a critical and strategic link to all parts of the country, to boost the Nigerian economy. Mr Obaseki made the call in Benin City during a courtesy visit of a
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Access Bank stocks

Demand for Access Bank Stocks Lifts Market by 0.17%

September 3, 2021
By Dipo Olowookere The Nigerian Exchange (NGX) Limited rebounded on Thursday by 0.17 per cent following the rush for Access Bank Plc stocks by investors, especially the dividend hunters. After the close of trading activities on Wednesday, the lender released its much-anticipated earnings for the period ended June 2021 and it proposed the payment of an interim dividend of 30
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Politics

NNPC guarantee energy security

NNPC, First E&P Empower NGOs With N53m

May 12, 2024
By Adedapo Adesanya The Nigerian National Petroleum Company (NNPC) Limited and First Exploration & Production Limited (First E&P) joint venture (JV) have donated a sum of N53 million to non-governmental organizations (NGOs) in Nigeria as part of their Corporate Social Responsibility (CSR) initiatives. Under the JV’s Impact First Initiative, the donation, targeted towards enhancing societal welfare, would address areas such
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Travel

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Nigeria's total debts

Nigeria Not in Debt Crisis at the Moment—DMO

By Modupe Gbadeyanka Director-General of Nigeria’s Debt Management Office (DMO), Ms Patience Oniha, has allayed fears of some observers that the country was already in a debt crisis. However, the debt office boss admitted that the nation was not generating enough revenue
October 12, 2018
business in nigeria

Investors Eye Nigeria’s Multi-Billion Dollar Retail Market

By Modupe Gbadeyanka The convergence of AI, tech, and data on Nigeria’s multi-billion dollar plus retail market will be a strategic focus to local and international developers, investors and retailers at the 4th annual West Africa Property Investment Summit taking place on
October 12, 2018

David Hall Becomes 2018 Inventor of the Year

By Modupe Gbadeyanka Chief Executive Officer and founder of Velodyne LiDAR, Mr David Hall, has been named as 2018 Inventor of the Year. This honour was bestowed on Mr Hall by the Intellectual Property Owners (IPO) Education Foundation. The inventor created the
October 12, 2018

Nigerian Journalist Frank Eleanya for Web Summit 2018

By Modupe Gbadeyanka Leading global media relations consultancy and press release distribution service, APO Group, has announced an Online News Editor, Mr Frank Eleanya (@Iamfrankelean), from Nigeria as winner of APO’s invitation to attend the Web Summit. The event, the largest tech
October 12, 2018
Angola

International Terror Financiers Find Haven in Angola

By CAJ News While they are in jail on allegations of financing the terror group, Hezbollah, the companies founded by these bank-rollers remain operational in Angola, the Southern African country that has earned a reputation as a refuge for international terror financiers. Among
October 12, 2018

Africa Needs Urgent Action to Meet Agenda 2063—Murombedzi

By Modupe Gbadeyanka Officer in Charge of the Economic Commission for Africa’s African Climate Policy Center (ACPC), Mr James Murombedzi, has disclosed that Africa will not successfully implement the sustainable development agenda and it’s 50-year development plan, Agenda 2063, if urgent climate
October 12, 2018

About FBN Nigeria Eurobond (USD) Fund

By FBNQuest The Nigerian investment market is rich and viable, with the money market yields relatively high and quite attractive compared to global interest rates. There has never been a better time for Nigerians, as well as foreign investors, to tap into
October 12, 2018

Asian Equities Rebound After Recent Heavy Losses

By Investors Hub Asian stocks rebounded on Friday after recent heavy losses, as investors cheered media reports suggesting that the U.S. Treasury Department has not labeled China as a currency manipulator in an internal report. Sentiment was also bolstered after data showed
October 12, 2018
European Shares

European Shares Recover Some Lost Ground Friday

By Investors Hub European stocks have recovered some lost ground on Friday as trade tensions ease and strong Chinese trade data has helped eased concerns over slowing global growth. Media reports suggested that the U.S. Treasury Department has not labeled China as
October 12, 2018
wall street

Wall Street May Rebound on Bargain Hunting

By Investors Hub The major U.S. index futures are pointing to a higher opening on Friday, with stocks likely to regain ground after moving sharply lower over the two previous sessions. Bargain hunting may contribute to early strength on Wall Street after
October 12, 2018
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