CBN Advert

newscorner

Business news

Month: October 2017

Insurance industry gears up to check fake marine certificates

The Insurance industry has mapped out measures to tackle the challenge of fake marine certificates in the country. Executive Director, General Business, Leadway Assurance Plc., Mrs Adetola Adegbayi, revealed this at a training organised by the firm for the National Association of Insurance and Pension Correspondents (NAIPCO) in Lagos, recently. She regretted that most people […]

BJAN Gears Up For Brands and Marketing Conference In Enugu

The Brand Journalists Association of Nigeria, BJAN,  is out to prove itself at its  5th Annual Brands and Marketing Conference in Enugu State on November 2 to 4. The conference aimed at bringing together seasoned industry analysts and stakeholders to discuss emerging issues facing the marketing industry and the country at large, is billed to take […]

FG to begin crude oil tracking next year

The Federal Government announced on Monday that plans were in top gear to deploy technology that would track and account for every molecule of crude oil produced in Nigeria by 2019. It also stated that investment requests by multinational oil firms seeking to invest in the country’s oil and gas sector were currently in excess […]

Rising foreign loans risky for exchange rate – IMF

The International Monetary Fund says the Federal Government’s plan to refinance local loans with increased foreign loans may expose the economy to exchange rate risks. The Washington-based Fund said on Monday that Nigeria’s plan to raise fresh foreign loans to reduce debt servicing costs could elevate its exchange rate risks. The Federal Government is planning […]

Israeli firm to secure Nigeria’s maritime space

The Federal Government has contracted an Israeli firm to handle the security of the nation’s waterways and maritime facilities and train personnel. The Minister of Transportation, Mr. Rotimi Amaechi, disclosed this on Monday in a keynote address at the 2017 World Maritime Day in Lagos. The minister said the government had engaged the firm for […]

AfDB cancels $400m loan to Nigeria

The African Development Bank has called off a loan to Nigeria that would have helped fund the country’s budget, the Vice-President for Power, Energy, Climate Change and Green Growth, AfDB, Amadou Hott, has said. He said the bank would likely be redirecting the money to specific projects in Nigeria rather than give to the country […]

Leadway Assurance gets Accolades for holding capacity building workshop

    Amaka Obiefuna. Journalist who participated in the recently concluded Insurance Correspondents training workshop have commended Leadway Assurance for the laudable initiative designed to improve their skills and knowledge about the insurance industry.   Leadway Assurance in partnership with the National Association of Insurance and Pension Correspondents (NAIPCO) organized the workshop as part of activities for the 2017 NAIPCO Conference.   Roland Okoro of Riskshield described the training as an […]

Monkey Pox : Six More Cases Confirmed

The Minister of State for Health, Dr. Osagie Ehanire has announced laboratory confirmation of  six additional cases among the suspected cases  for Monkeypox. These include two cases each in Bayelsa and Akwa Ibom States, one in Enugu State and one in the Federal Capital Territory. With this, there are nine confirmed cases of Monkeypox in […]

Cassava glut: Farmers, processors squabble over prices

Following the reported glut of cassava in the market, the inability of farmers and processors to agree on a uniform selling price for the crop may put the business in jeopardy, ANNA OKON writes THE cassava business is currently experiencing some difficulties as a result of misunderstanding between farmers and processors over pricing. Our correspondent gathered from […]

1 2 3 … 17