FRSC partners NAICOM, NHIS on compulsory motor, health insurance

The National Insurance Commission has sought the support of the National Health Insurance Scheme and the Federal Road Safety Corps on implementation of some of the compulsory insurance policies in…

Recapitalisation: Insurance industry assets rise to N2.02tn

Insurance companies’ gross written premium rose to N520bn as of the end of 2020, while their assets hit N2.02tn as the sector undergoes recapitalisation, NIKE POPOOLA reports The Nigerian insurance…

Buhari urges MTN to reduce call, data costs in Nigeria

President Muhammadu Buhari on Friday urged the MTN Group to reduce its cost of calls and data in Nigeria. The President received members of the board led by its President…

Unemployment to push more Nigerians into poverty – NESG

The Nigerian Economic Summit Group said on Friday that many Nigerians are expected to fall into the poverty trap amid rising unemployment in the country. The NESG, a private sector-led…

Rivers: Don’t Borrow Without Approval, Gov. Wike Warns Council Chairmen

Governor Nyesom Wike has told newly sworn-in chairmen of the 23 Local Government Areas of Rivers State to seek clearance from the state government before approaching any financial institution to…

Enugu state will train 5,000 Ndi Enugu youths  on skill Acquisition  masterclasses- Offiah 

Enugu State Government through the office of the SPA to Governor  on Small and medium-size Enterprises (SME) has announced the  training of 5, 000 Ndi Enugu youths on  Enugu Skill…

Naira DEPRECIATEs By 51.95% Despite CBN’s Defence Measures

The value of the naira to the dollar fell from 196.99 in December 2015 to 410 in April 2021, reflecting a 51.95 per cent decline despite the various foreign exchange…

Emirates airline posts first annual loss in over 30 years

Dubai-based Emirates airline on Tuesday posted a $5.5 billion annual loss, its first in more than three decades after the coronavirus pandemic devastated the aviation industry. The carrier said it…

CBN’s digital currency’ll begin before 2022– Bankers’ Committee

The Director-Information Technology Department, Central Bank of Nigeria, Mrs Rakiyat Mohammed, has said that the banking regulator will launch a digital currency before the end of 2021. Muhammed disclosed this…

 Market Survey: Enugu Traders  complains hike in the price of Onions

Traders  of fresh foods in Enugu major markets has continued  to lament of hike in the prices of  fresh food especially  onions  At the popular and ever-busy Garki, ogbete  and…