Archives for August 12, 2019
Reinventing First Bank Through Creativity, Innovation
For a financial institution of FirsBank’s pedigree, it is not uncommon for its top managers to be creative and constantly innovative. Indeed, Dr. Adesola Adeduntan, Chief Executive Officer…
NSE Lifts Suspension On Trading In Shares of Universal Insurance
By Precious Chimezie -- The Nigerian Stock Exchange (NSE) has lifted the suspension placed on the trading of shares of the Universal Insurance Plc. This was announced on…
CBN injects $280.04m, CNY 28.3m into Retail SMIS
By Ngozi Onyeakusi -- The Retail Secondary Market Intervention Sales (SMIS) has received a boost of $ from the Central Bank of Nigeria (CBN), which also injected the sum…
Vacant Billboards Billing/Membership: OAAN, RISAA Consider Partnership
The Outdoor Advertising Association of Nigeria, OAAN, alongside the Rivers State Signage and Advertisement Agency, RISAA, are working towards partnership with the aim of promoting conducive business environment…
Businessman Returns N2.2b Mistakenly Paid Into His Account
The Managing Director of Peace Mass Transit (PMT), Dr Maduka Onyishi, returned N2,219,500,000 which was overpaid into his account by the First Bank Nigeria. A cheque bearing the…
Sovereign Trust Insurance Right Issue Extension Gets SEC Aporoval
By Ngozi Onyeakusi -- Following the approval from the Securities and Exchange Commission, SEC, Sovereign Trust Insurance Plc has extended its Rights Issue offer closing date…
Lagos Police Begins Investigation Into Case of Woman Found Dead in Hotel
The Lagos State Police Command says it has commenced investigations into the case of a woman who died in a hotel room in Morogbo, Badagry. She was said…
SEC Urges Nigerians to Shun Ponzi Schemes
Ngozi Onyeakusi -- Nigerians have again been advised to desist from investing their money in various investment schemes that are not registered to carry out fund management functions.…
Manpower Development: CIIN Urged To Work With NAICOM, Other Industry Arms
By Ngozi Onyeakusi --- The National Insurance Commission (NAICOM) has urged the Chartered Insurance Institute of Nigeria (CIIN) to work with the commission and other arms of the…
Five Children From Same Family Burnt To Death In Lagos
Five children from the same family in Lagos State have been burnt to death. According two the police, the children, who were left by their mother, Florence Asoye,…