Business news
Africa’s Global Bank, United Bank for Africa (UBA), has said that stakeholders need to come together to checkmate growing threats to the country’s digital payment system. The Head of Digital Banking at UBA, Olukayode Olubiyi stated this while speaking on the topic titled ‘Unlocking the Future of Payments’ at the 2023 annual conference of the […]
As part of the National Insurance Commission’s drive to sensitize stakeholders on the benefits of compulsory insurances (Public Buildings and Buildings Under Construction, 3rd Party Motor Insurances amongst others), the Commissioner for insurance and a delegation from NAICOM paid a courtesy visit on the Executive Governor of Nasarawa State His Excellency Engr. Abdullahi A. Sule […]
Online platform X could introduce a monthly fee for all users, its owner Elon Musk said Monday, citing the need to cut down on bots. The tech tycoon has made multiple changes since taking over the site for $44 billion in October last year when it was known as Twitter. He has fired thousands of […]
Nigeria President Bola Tinubu has canvassed an economic development diplomatic drive for investment attraction as he engaged extensively in a bilateral discussion on Monday with his South African counterpart, Cyril Ramaphosa, in New York City, ahead of the United Nations General Assembly. President Tinubu stressed that Africa must have a consensus view that the hundreds […]
The price of Qua Iboe, Nigerian premium crude, has surpassed $100 per barrel as the global market continues to suffer a supply deficit. This is the first time since 2022 when the volatile market showed recovery from COVID-19 lockdowns, which was also driven by the Russian invasion of Ukraine. According to LSEG data, Qua […]
As the official Liquidator of the failed Banks in Nigeria, the Nigeria Deposit Insurance Corporation (NDIC), in line with its mandate wishes to inform the depositors & ex-staff (deposits) of defunct Peak Merchant Bank that it hasconcluded preparations to pay their first liquidation dividend. According to a release signed by the Director, Communication and Public Affairs, NDIC, Bashir A. Nuhu, the verification exercise would enable […]
FirstBank’s FirstEdu product has been adjudged as a veritable tool towards enhancing and boosting Nigeria’s education sector. The product is designed to put schools at an advantage in the financing of capital projects such as the acquisition of new property, school expansion and reconstruction has been remodeled to a period of up to a maximum […]
Bode Opadokun, MD/CEO, Sanlam General Insurance Sanlam General Insurance, a subsidiary of Sanlam Life Insurance and member of the Sanlam Pan African group has made history in the Nigerian Insurance Industry by settling the fastest claim, which was done in less than one hour, using its game changer, Code of Confidence *1056#, USSD enabled device. […]
AIICO Insurance Plc, a prominent entity in Nigeria’s insurance industry, announces its remarkable achievement as the “Insurance Company of the Decade” at the prestigious 2023 MARKETING EDGE Brands & Advertising Excellence Awards held in Lagos on September 16. The Marketing Edge Brands & Advertising Excellence Awards is a platform that […]
Finance expert and Managing Director/ Chief Executive Officer APT Securities and Funds Limited, Mallam Kasim Garba Kurfi, has said that insurance and pension sectors are the engine of growth of Nigerian economy maintaining that the role played by the two institutions in sustaining economic growth left no one in doubt that they are the vehicle […]