Archives for April 10, 2019
Agriculture insurance to grow by 400 per cent by 2021—NAICOM
The National Insurance Commission, NAICOM, says the Nigeria agriculture aspect of insurance business has the capacity to grow by 400 per cent in the next two years.…
FBNInsurance Records N26.0bn gross premium
FBNInsurance Limited, has recorded a gross premium written of billion for the financial year ended 2018. The report which has been approved by the industry regulator,…
Customs generate N65.5bn from three commands in Q1
Following an increase in cargo throughput and strategic diligence on the part of officers and men of the service, the Ports and Terminal Multi-purpose Limited,…
Apapa Gridlock: NPA To Begin Call-up System At Lagos Ports By August
The Nigerian Ports Authority (NPA) said on Tuesday that it would begin automation of the call-up system in August. Mr Adams Jatto, NPA’s General Manager, Corporate and…
Again, CBN Boosts Forex Market with $210
By Ngozi Onyeakusi----The Central Bank of Nigeria (CBN) has again injected the sum of $210 million into the inter-bank Foreign Exchange Market in continuation of its sustenance…
Jaguar Land Rover Gives Reasons For Shutdown
By Ngozi Onyeakusi---Following the outcome of Brexit, Jaguar Land Rover(JLR) shuts its UK plants on Monday for five days , adding to other shutdowns to leave…
Fuel Price Increase: Sanction Depot Owners Selling Petrol Above Ex-depot Price, IPMAN Urges DPR
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has called on Department of Petroleum Resources (DPR) to sanction depot owners selling petrol above ex-depot price of…
Senate Approves 2019-2021 MTEF, Fiscal Strategy Paper
After a 155 days consideration, the senate on Tuesday approved the 2019-2021 Medium Term Expenditure Framework and Fiscal Strategy Paper. The development came just as the…
Maritime Crime: Navy Arrests 26 vessels, 70 Persons In 8 Months
The Nigerian Navy on Tuesday said it had arrested 26 vessels and 70 persons for various offences within Lagos maritime domain in the last eight months.…
IMF Advocates Tight Monetary, Fiscal Policies For Nigeria
By Ngozi Onyeakusi---The International Monetary Fund, on Tuesday, advised Nigeria to continue to tighten monetary and fiscal policies amid weakening oil prices and multiple global economic…