Archives for February, 2021 - Page 5
Food inflation rises 20.6% as price increases persist
Increases in the prices of basic food items continued for the 17th consecutive month, prompting the Food inflation to hit per cent in January, the highest since September…
N69.4bn debt: Jimoh Ibrahim loses bid to vacate order on seized property
Justice Rilwan Aikawa of the Federal High Court, Lagos on Tuesday declined to vacate an application by a businessman, Mr. Jimoh Ibrahim, seeking to reclaim his properties…
WTO: Okonjo-Iweala assures readiness for international challenges
By Ngozi Onyeakusi--------Dr Ngozi Okonjo-Iweala, the newly appointed Director-General of the World Trade Organisation (WTO), has given an assurance that she will tackle challenges associated with her…
Nigeria’s inflation rises to 16.47% in Jan 2021
Nigeria’s headline inflation maintained its upward trajectory for the 17th consecutive month, as it rose by 71bps in January 2021 to y/y up from in December 2020. It…
Universal Insurance Posts 80.63% Growth In GPW
By Ngozi Onyeakusi------ Universal Insurance Plc, has recorded growth its gross premium written to billion from billion in same period in 2019. The firm in its consolidated statements of…
Mutual Benefits Assurance GPW Soars To N20.1bn, Grows Profit By 25.9% To N4.5b In 2020
By Ngozi Onyeakusi------ Mutual Benefits Assurance Plc, one of the foremost underwriting firms in Nigeria’s insurance industry has released its consolidated and separate statement of profit or…
AXA Mansard Insurance Staff Get 100% share options, bonus
By Ngozi Onyeakusi-------The Board of Directors of AXA Mansard Insurance Plc, a major insurance firm, has approved an accelerated exercise of the company’s Options Scheme that…
Nigeria Issues Red Alert As Ebola Kills Four In Guinea
By Ngozi Onyeakusi------ Nigerian authorities have put health workers on red alert following the resurgence of Ebola epidemic in Guinea. Health Minister Osagie Ehanire said they would monitor…
SOVEREIGN TRUST INSURANCE PAYS OUT N13.3B CLAIMS IN 5 YEARS
By Ngozi Onyeakusi------Underwriting firm, Sovereign Trust Insurance (STI) Plc has paid out a whopping billion to its clients across the country that suffered different kinds…
Sterling Bank Partners Zipline on medical drone delivery
By Ngozi Onyeakusi------ Sterling Bank’s Health Technology Partner; Zipline has signed a service level agreement with Kaduna State Government for the implementation of drones in the health supply…