Archives for April, 2019 - Page 13
Reinsurers In Trouble Over Ethiopian Airline Claims
James Vickers, chairman of Willis Re International said liability claims related to the Ethiopian Airlines crash and the grounding of Boeing 737 MAX 8 aircraft could be…
Community Decries Killing Of Nigerian In South Africa
The President of the Nigerian Community in South Africa, Mr Benjamin Okoli, has decried the killing of a Nigerian, Mr Ire Chinello by an unidentified assailant on…
ExxonMobile Considers Sale Of Nigeria Oil,Gos Feild For $3bn
Nearly two and a half years after exiting Nigeria’s downstream oil sector, ExxonMobil is weighing the sale of some oil and gas fields in the country. The…
Wike Leads In 8 Of 17 Council Area As INEC Collates Rivers Election Result
Latest results for the governorship and state parliamentary elections held in Rivers State on March 9 show that the incumbent governor and governorship candidate of the…
FIRS Set To Rake In N750bn From 55,000 Million Defaulters
The Federal Inland Revenue Service has disclosed plans of raking in about N750bn from about 55,000 millionaire tax defaulters. The FIRS Executive Chairman, Mr Tunde Fowler, said…
$300m Worth Cashew Nut Trapped In Apapa Gridlock, As Amaechi Blames Human Element For Port Inefficiency
Nigeria’s quest to boost revenue through non-oil exports is threatened as shipment of about 50,000 tons of cashew nuts valued at $300 million are delayed, due to the…
Old Mutual Launches ‘Protect Your Dreams’ 2-In-1 Savings Plan
Old Mutual, has launched its 2 in 1 Savings Plan for customers in Nigeria, especially young professionals and families. With a minimum monthly contribution of N5,000, customers…
NPA’s New Simulation Center To Conserve Forex — Transportation Minister
The Minister of Transportation, Mr Rotimi Amaechi, says the new Nigerian Ports Authority (NPA) Simulation Centre will help conserve foreign exchange expended on manpower training…
Union Bank PBT Grows By 33% To ₦18.5bn
Union Bank of Nigeria announces its audited financial statements for the year ended 31st December 2018. Following the successful execution of our debut local currency…
FG Offers 2, 3 Year Savings Bonds At 11.27%, 12.27% For April – DMO
The Federal Government has offered for subscription two-year savings bond at per cent and three-year savings bond at per cent per annum, the Debt Management Office (DMO)…