Archives for June, 2019 - Page 2
Internet Users In Nigeria Hit 119.5 Million In April – NCC
Internet users in Nigeria increased marginally to 119,506,430 million in April 2019, the Nigerian Communications Commission (NCC) has said. The NCC made this known on Monday in its…
Inflation Rate Peaks At 11.40 In May
The rate of general increase in prices of goods and services in Nigeria for the Month of May 2019, inflation rate, rose by per cent (year-on-year) in…
Crude Oil Prices Drops As Economic Fears Outweigh Tanker Tension
Oil prices slipped as signs of an economic slowdown amid international trade disputes began to outweigh supply fears that were stoked by attacks on oil tankers in…
Insurance Now Affordable, Accessible’
By Ngozi Onyeakusi -- The period of finding it difficult to access insurance companies is over, for now with only N5,000, an insurance policy can be purchased as it…
Heritage Bank gets CIBN nod on established academy, trains 300 new intakes
REFINERY 1: MD/CEO, Heritage Bank Plc, Ifie Sekibo (8th right sitting), Executive Director, Jude Monye (7th left), other Management staff and some of the 300 new intakes…
Foreign Investment Inflow Into Nigeria Dips by 43 Per cent
By Ngozi Onyeakusi --- The United Nations Conference on Trade and Development report has revealed that Foreign investment inflow FDI into Nigeria, a major oil producer…
EFCC To Clampdown On Illegal Use Of POS Machines
The Economic and Financial Crimes Commission, EFCC, is set to start a clampdown on the fraudulent use of Point Of Sale, POS Machines in the country. This…
Fidelity Bank, NIPOST Seal Deal On Agency Banking
By Ngozi Onyeakusi --- Fidelity Bank Plc yesterday sealed a deal with NIPOST. The Deputy Managing Director Fidelity Bank, Mohammed Balarabe said the bank will provide banking…
Shells Loses 11,000 bpd In 2018 To Crude Theft
L-R: Encroachment Management Lead, The Shell PetroleumDevelopment Company of Nigeria Limited (SPDC), UcheomaAmechi; External Relation Manager, Shell Nigeria Gas, BabatundeOlaleke; SPDC’s General Manager, External Relations, Igo Weli;Compliance…
Recapitalization To Boost Local Underwriters Risks Retention Capacity – Kari
By Ngozi Onyeakusi---Nigerian insurance industry is presently undergoing through recapitalization exercise. This exercise according to the industry's regulator, the National Insurance Commission (NAICOM) would boost the local…