Author Archives: Supernews - Page 803
Forex: CBN injects $303m, CNY 46.58m into Retail SMIS
The Central Bank of Nigeria (CBN), on Friday, September 7, 2018, injected the sum $ million into the interbank retail Secondary Market Intervention Sales. This is in…
Sterling Bank Partners African Ventures Programme to Promote 500 Businesses
Nigeria’s leading commercial bank, Sterling Bank Plc has announced plans to partner with 500 indigenously promoted African enterprises in a bid to make 50 of them globally competitive…
Anchor Insurance 2017 accounts gets NAICOM’s approval
The Management of Anchor Insurance Company Limited, a company specially known for its clean claims administration record, has announced the approval of the organisation’s audited financial statement for…
Underwriters Charge Nigerians To Insure Life, Assets
C Insurance industry players have charged Nigerians to insure their respective lives and assets as this remains the best risk mitigation mechanism against eventual loss. The experts, who…
Foreign Reserve Dips By $990m In Three Weeks
For second consecutive month, Nigeria's foreign exchange reserves have dropped, falling by $ million this month, latest data from the Central Bank of Nigeria show. At the end…
Farmers Seek Effective Implementation, Monitoring Of CBN’s Credit Policy
Farmers across the country have applauded the nine per cent interest rate credit policy of the Central Bank of Nigeria (CBN) to the agriculture sector, saying it will…
Nigeria Imports 165.7m Litres Of LPG In Q2 – NBS
Nigeria imported over million litres of Liquefied Petroleum Gas (LPG) in the second quarter. The National Bureau of Statistics (NBS), in its “Petroleum Products Importation and Consumption (Truck…
Nigeria’s Oil Export Earnings Peaks At $26bn In Seven Months
Nigeria revenue accruals from export of crude oil to the international market has grown to an estimated $26 billion from January to July 2018. The country’s total…
NIMASA’s Contribution To Federation Account Soars To N20Bn
The Nigerian Maritime Administration and Safety Agency (NIMASA) has announced that its annual revenue contribution to the Federation Account has soared to N20 billion. The growth according to…
PenCom Promotes Transparency Through Ethical Conduct
One of the major achievements of the Pension Reform is the establishment of robust legal and institutional frameworks for the administration of pensions in Nigeria. The reform…