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Day: November 2, 2017

NCRIB: New president vows improvement

  Mr. Shola Tinubu, the new President of the Nigerian Council of Registered Insurance Brokers (NCRIB), said his tenure will make  the insurance broking profession stand toe to toe with its counterparts anywhere in the world, and he has drawn a ten year agenda in agreement with the deputy president and Vice President to ensure […]

Ikeja, Ketu, others to experience eight-day power outage

Ikeja Electric Plc, one of the power distribution companies in the country, on Wednesday said there would be an interruption of power supply to some parts of Lagos from November 3 to 10. The Head, Corporate Communications, Ikeja Electric, Mr. Felix Ofulue, said the outage was part of the strategic efforts to improve power supply […]

TSA probe: Reps threaten Emefiele, Baru with arrest

The House of Representatives on Wednesday summoned the Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele, and the Group Managing Director of the Nigerian National Petroleum Corporation, Dr. Maikanti Baru, over the total accruals into the Treasury Single Account since inception. An ad hoc committee of the House, which summoned the officials during […]

MTN set to list on NSE in six months

Telecoms company, the MTN Group Limited, is focused on laying the groundwork for an initial public offering of its Nigerian business and should complete the process in the next six months, its Chief Executive Officer, Rob Shuter, said on Wednesday. “We have a lot of advisers running around and getting everything ready,” he said in […]

VAIDS collects five million Nigerians’ assets, income data

The Voluntary Assets and Income Declaration Scheme has collected data of over five million corporate organisations and individuals in the country. This was disclosed in a statement issued by the VAIDS Office in the Federal Ministry of Finance on Wednesday. According to the statement, data collected will be subjected to further analysis to ensure that […]