Archives for June, 2018 - Page 6
CBN Injects $210 million into forex market
The Central Bank of Nigeria (CBN) has made available the sum of $210million, to meet customers’ requests in various segments of the foreign exchange market.…
Union Bank Releases Second Citizenship, Sustainability, Innovation Report
Union Bank has announced the release of its second Citizenship, Sustainability and Innovation (CSI) report – an annual compendium which highlights the bank’s strategic approach, initiatives…
PenCom assures civil servant of prompt pension payment
The National Pension Commission on Monday assured civil servants of prompt payment of their pensions once they retire from active service. The Acting Director-General, PenCom, Mrs. Aisha Dahir-Umar,…
Mutual Benefits Assurance settles N5.15bn net claims in 2017
Mutual Benefits Assurance Plc. has settled net claims worth for the financial year ended 31st December 2017, this indicated a 54 per cent growth when compared with 2016…
Law Union & Rock Insurance floats in retail products
Law Union & Rock Insurance Plc has announced the introduction of more retail products to meet the needs of the insuring public. The new products are the Travel…
FG Earmarks N37bn for private meter providers
The Federal Government on Monday, said it would take advantage of the Meter Asset Provider Regulations recently introduced by the Nigerian Electricity Regulatory Commission, by providing N37bn for…
Critical Transmission Infrastructure Revamp : TCN Raises $1.57bn
Transmission Company of Nigeria (TCN), Mr. Usman Gur Mohammed said it has raised a total of $ billion to build critical infrastructures across the country. This was disclosed…
Power-solutions theme draws largest-ever entries in NLNG’s Science Prize
For the first time in the history of The Nigeria Prize for Science, sponsored by Nigeria LNG Limited (NLNG), the 2018 edition of the prize has received a…
Services sector holds key to tackling Nigeria’s unemployment Challenge- PwC
Structural reforms to lay the foundation for long-term sustainable growth in the broader economy and the services sector, is critical to solving the country’s unemployment challenge. This is according to…
Reggae star, Ras Kimono, dies at 60
Nigerian reggae star, Ras Kimono, has died. Our correspondent gathered that the dreadlocked musician had slumped at the Murtala Muhammed International Airport, Lagos, while waiting…