Business news
The National Pension Commission (PenCom) has introduced a Non-Interest Fund (Fund VI) and issued an Operational Framework for the Fund infurtherance of the implementation of the Multi-Fund Investment Structure, which seeks to provide investment portfolio choices to pension contributors and retirees. A statement signed by Pencom says “the Non-Interest Fund is a fund that complies […]
Nairobi, 28 October 2021: Airtel Africa, a leading provider of telecommunications and mobile money services, with a presence in 14 countries across Africa, today launched a comprehensive sustainability strategy (www.airtel.africa/investors) which sets out its detailed plans to improve the lives of millions of people across Africa through digital and financial inclusion and access to education. […]
Insurance companies under aegis of the Nigerian Insurers Association (NIA) have so far paid claims totaling about N9bn to different customers that suffered losses from the lootings and destructions that marred the #EndSARS protests in the country in October 2020.The Nigerian Insurers Association disclosed this in a report on claims paid one year after the […]
In a bid to ensure that entrepreneurial goals of the Nigerian youths are achieved, Heritage Bank Plc, Nigeria’s most innovative service banking provider, in collaboration with The Next Titan is set to further invest N15million on viable Nigerian entrepreneurs. Tagged “Uncaged,” The Next Titan season-8 is Nigeria’s foremost Business Reality TV Show where contestants […]
Consolidated Hallmark Insurance(CHI) Plc has renewed the Group Personal Accident Insurance cover worth N24 million Sum Assured for insurance journalists in the country. This, according to the company, is part of its Corporate Social Responsibility (CSR) project, to ensure that journalists who are exposed to danger and hazard in the discharge of their civic duties […]
The Manufacturers Association of Nigeria (MAN) recently called on the Federal Government to monitor and note that driving of local content of all the sectors of the economy cannot be neglacted thereby urging for the effective implementation of Executive Order 005. It will be recalled that the Executive Order 005, which was signed by President […]
The important role sports play in the socio-economic development of any nation has again been emphasised. Director-General of the Securities and Exchange Commission, Mr Lamido Yuguda stated this when he was presented with the trophy won by the victorious SEC Football Team at the just concluded Central Bank of Nigeria All Financial Institutions […]
Amaka Obiefuna The Managing Director/Chief Executive of Nigeria Deposit Insurance Corporation (NDIC), Mr. Bello Hassan says “the NDIC’s maximum coverage limits of N500,000.00 per depositor per commercial, merchant and, non-interest bank, primary mortgage bank and mobile money operator, as well as N200,000.00 per depositor per microfinance bank remain the most adequate and robust in the world.” In […]
