Archives for July 17, 2023
Anchor Insurance Pays N70m Claims To Nigerian Police
The Ag. Inspector General of Police, Kayode Egbetokun (r), Mr. Ebose Augustine Osegha, Managing Director/CEO, Anchor Insurance Company Limited (m) and ACP Uzairu Abdullahi, Insurance Officer, Nigerian Police Force…
Leadway-led Consortium of Insurers pays N535m Group Life Insurance claims to Nigeria Police beneficiaries
L-R: Nigeria Police Force Insurance Officer, ACP Uzairu Abdullahi; Managing Director/CEO, Leadway Assurance Limited, Tunde Hassan-Odukale; Relationship Manager, Total Security Insurance Brokers, Precious Okumagbe, and Acting Inspector General of…
N471.82bn intervention loans recovered in six months – CBN
The Central Bank of Nigeria has said it recovered as cumulative repayment from the bank’s intervention programmes in the first half of 2022. According to the apex bank’s half-year report…
Local Content Board Issues Policy On In-Country Manufacturing
Executive Secretary NCDMB By Ngozi Onyeakusi---The Nigerian Content Development and Monitoring Board (NCDMB) has resolved to issue policy directives on in-country manufacturing capabilities of pumps, flanges, valves, and other major…
Freedom Online 5th lecture: Uzodimma, Diri, Daniel, Bode George, Olubolade, Tola Adeniyi confirm attendance
Uzodimma By Ngozi Onyeakusi---The fifth yearly lecture of Freedom Online, one of Nigeria's fastest-growing online newspapers, will hold on Tuesday July 18 in Lagos. A statement by the Managing…
CBN Increases Tenure Limit for Banks’ Chief Executives to 12 Years
By Ngozi Onyeakusi---The Central Bank of Nigeria (CBN) has increased the tenure of the Managing Directors/Chief Executives of banks to a maximum of 12 years from 10 years. CBN, in…
Why locally produced petrol will be expensive – Refiners
Drums of oil Hopes of adequate local refining capacity to augment the high volume of Premium Motor Spirit (PMS) imports appear to fading fast as the Crude Oil Refineries Owners…
10th NASS: SERAP gives Akpabio, Abbas 7 days to ‘drop plan to spend N110bn on bulletproof cars, others’
Socio-Economic Rights and Accountability Project (SERAP) has urged the Senate President, Mr Godswill Akpabio and Speaker of the House of Representatives, Mr Tajudeen Abbas “to drop the scandalous plan to…