Archives for June, 2021
FCMB moves to support small scale businesses
First City Monument Bank has said its increased and consistent support to Small and Medium-scale Enterprises is aimed at further empowering them to take the lead in the growth and…
CBN warns against naira abuse
The Central Bank of Nigeria has frowned on continued abuse of currency note by the general public, especially during weddings and other occasions. Speaking on Monday in Gombe at a…
Why state govs should be denied Pension fund loan bid
By Lanre Laoshe & Sina Kawonise AT the 22nd teleconference meeting of Nigerian Governors Forum, the 36 states governors took a decision to borrow N2 trillion out of the total…
LAW UNION & ROCK INSURANCE NOW TANGERINE GENERAL INSURANCE LIMITED
By Ngozi Onyeakusi--- Law Union and Rock Insurance Limited has announced a name change to Tangerine General Insurance Limited. This development was in line with earlier acquisition of the 100…
PTAD Receives £26.5 Million Pounds Sterling Repatriated Pension funds from Crown Agents Investment
By Ngozi Onyeakusi--- The Pension Transitional Arrangement Directorate (PTAD) has received the sum of £26,505, (Twenty Six Million, Five Hundred and Five thousand, Eight hundred and Sixty-two Pounds, Ninety-Seven Pence)…
Passengers stranded in bush as Abuja-Kaduna train breaks down
Amaechi Passengers travelling from Kaduna to Abuja on the Nigerian Railway Corporation’s train service on Monday were left stranded in Dutse, Kaduna, after the train conveying them broke down due…
Osinbajo Lauds MSME operators for hard work, innovation
Acting President, Yemi Osibanjo The vice president, Prof Yemi Osinbajo, has expressed satisfaction with the resilience and innovation of young Nigerians across different sectors of the economy. Speaking yesterday at…
Eminent Nigerians warn World Bank, IMF, EU, others against granting loans to Nigeria
Prominent statesmen and leaders of thought yesterday warned the international community against lending the Nigerian Government loans, stating that Nigeria is now a country with questionable sovereignty. The Nigerians, numbering…
MSME Day: ACCI, Stakeholders Seek Legislation, Executive Order on Streamlining Taxation of SMEs
Trade experts and operators of SMEs in Nigeria have called for a legislation and presidential Executive Order to streamline taxation of small businesses to expand their survival rate and capacity…
NGX Rebrands Market Indices
Nigerian Exchange Limited (NGX) has announced the rebranding of all its existing indices by changing the prefix from NSE to NGX. The transition, which is effective Monday, 28 June 2021,…