Archives for October, 2019 - Page 6
CBN to continue to apply monetary policy tools to control Inflation
The Central Bank of Nigeria (CBN) says it will continue to apply monetary policy tools to control the rising inflation. The CBN made the promise in its 2018 financial stability…
FG considers excise duty on soft drinks
The Federal Government is considering introducing excise duties on carbonated drinks, according to the Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed. Ahmed gave the indication in an…
Anambra sets up Victims Support Fund Account for fire victims
By Ngozi Onyeakusi -- The Governor of Anambra State, Willie Obiano has opened a bank account to assist the fire victims in response to enquiries by the people on how…
NAICOM Harps On Use Of Technolgy
By Ngozi Onyeakusi-- The National Insurance Commission (NAICOM) has reiterated the need to focus on use of technology in driving the growth of the nation’s insurance industry. The ag Commissioner…
Plaqad congratulates bb naija “pepper dem” finalists
Leading Influencer Marketing platform, has congratulated the Big Brother Naija ‘Pepper Dem’ finalists — Mercy, Omashola, Seyi, Frodd and Mike. The innovative digital company which boasts of over 10,000 influencers…
IGI Insurance Workers Protest Mass Retrenchment
By Ngozi Onyeakusi -- Aggrieved employees of Industrial and General Insurance company limited (IGI) in Lagos on Wednesday, warned the management to rescind its decision to retrench majority of them…
Successful Recapitalization To Pave Way For Solid, Vibrant Insurance Market —NAICOM
By Ngozi Onyeakusi -- The National Insurance Commission (NAICOM) has assured that a successful conclusion of the ongoing recapitalization exercise in the insurance industry will give birth to financially solid…
Nigeria Loses Supply Chain To Boarder Closure
Lagos Chamber of Commerce and Industry has said that the closure of Nigeria -Benin Border has come with a cost mainly to the informer sector doing business across the subregion.…
Nigerian student shot dead in US over loud music
Oyerinde An 18-year-old Nigerian, Olufemi Oyerinde, was shot and killed outside his apartment in the US for allegedly playing music at high volume. Oyerinde, a mechanical engineering freshman at…
AIICO Insurance Authorized Share Capital Hits N18bn
By Ngozi Onyeakusi -- In line with the company’s preparedness to meet the new minimum capital requirement for the insurance industry, AIICO Insurance Plc has received shareholders’ approval to increase…