Archives for August, 2021 - Page 7
Court freezes accounts of forex trading platforms
The Federal High Court Abuja on Tuesday frozen the bank accounts of some investment and trading platforms that Nigerians have been using to transact Ahmed Mohammed made the order…
CBN Rolls Out Framework Against Cyber Attack
The Central Bank of Nigeria (CBN) on Tuesday released a framework to protect Other Financial Institutions (OFIs) against cyber-attack. This was contained in a memo issued by Nkiru Asiegbu, CBN’s…
Lagos, Ondo to Exploit Nearness to Sea for Economic Development
Two littoral states, Lagos and Ondo, have concluded plans to take advantage of their nearness to sea to grow their economies. Speaking at the just concluded 2021 Mission to…
ENJOYING BANKING CONVENIENCE WITH FIRSTBANK’S FIRSTMOBILE
First Bank building As the world is evolving digitally, Nigerian banks are currently looking for ways to make the banking experience better and FirstBank is not an exception…
Nigeria Hosts 47th AIO Confab, AGM ….Showcases Insurance Industry To World
Ebelechukwu Nwachukwu By Ngozi Onyeakusi--- Nigeria insurance industry has concluded arrangements for the hosting of the forthcoming 47th edition of the African Insurers Organisation (AIO) conference and Annual…
FG Plans To Borrow More In 2022 Despite Huge Debt
Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed By Ngozi Onyeakusi--- Despite outrageous rise in debt owed by the country, the Federal Government, has disclosed plans…
Three Underwriters rake in N65 billion premium in Q2
Insurance logo Despite the tough operating environment, three insurance companies generated billion gross written premium (GWP) in their half-year financial reports, The Guardian has learned. The operators linked the…
Federal Government’s Funding for Priority Projects in Oil Industry Suffers $1.54trn Deficit in June
Buhari The federal government through the Nigerian National Petroleum Corporation (NNPC) may have been unable to fund its priority projects in the oil and gas industry to…
Fire disaster claims one life, 13 luxury buses in Onitsha
Raging fire By Ngozi Onyeakusi---One person lost his life while 13 luxury buses and property worth millions of naira were destroyed at New Tarzan junction at Ogidi, near Onitsha,…
Sit-at-home will cripple economy of S/East says Umahi
Umahi By Ngozi Onyeakusi---Following the sit-at-home order by the proscribed Indigenous People of Biafra (IPOB), Governor David Umahi of Ebonyi State has warned that absent from works would cripple…