Archives for August, 2018
Anchor Insurance 2017 accounts gets NAICOM’s approval
The Management of Anchor Insurance Company Limited, a company specially known for its clean claims administration record, has announced the approval of the organisation’s audited financial statement for…
Underwriters Charge Nigerians To Insure Life, Assets
C Insurance industry players have charged Nigerians to insure their respective lives and assets as this remains the best risk mitigation mechanism against eventual loss. The experts, who…
Foreign Reserve Dips By $990m In Three Weeks
For second consecutive month, Nigeria's foreign exchange reserves have dropped, falling by $ million this month, latest data from the Central Bank of Nigeria show. At the end…
Farmers Seek Effective Implementation, Monitoring Of CBN’s Credit Policy
Farmers across the country have applauded the nine per cent interest rate credit policy of the Central Bank of Nigeria (CBN) to the agriculture sector, saying it will…
Nigeria Imports 165.7m Litres Of LPG In Q2 – NBS
Nigeria imported over million litres of Liquefied Petroleum Gas (LPG) in the second quarter. The National Bureau of Statistics (NBS), in its “Petroleum Products Importation and Consumption (Truck…
Nigeria’s Oil Export Earnings Peaks At $26bn In Seven Months
Nigeria revenue accruals from export of crude oil to the international market has grown to an estimated $26 billion from January to July 2018. The country’s total…
NIMASA’s Contribution To Federation Account Soars To N20Bn
The Nigerian Maritime Administration and Safety Agency (NIMASA) has announced that its annual revenue contribution to the Federation Account has soared to N20 billion. The growth according to…
PenCom Promotes Transparency Through Ethical Conduct
One of the major achievements of the Pension Reform is the establishment of robust legal and institutional frameworks for the administration of pensions in Nigeria. The reform…
AIICO Commences Agric Insurance
AIICO Insurance Plc, one of the leading underwriting firms in Nigeria has commenced Agric insurance across the country. According to the company, "With an average contribution of…
CBN unveils Guidelines for Long-term Credit to Agric, Manufacturing
The Central Bank of Nigeria (CBN) has underscored its intention to increase the flow of credit to the real sector of the economy, in order to consolidate…