Archives for JUST IN - Page 155
Wema Bank Appoints Moruf Oseni MD/CEO As Ademola Adebise Bows Out
Moruf Oseni MD/CEO By Ngozi Onyeakusi---Wema Bank Plc. has announced the retirement of its Managing Director/CEO, Ademola Adebise. He will be proceeding on terminal leave from January 2nd, 2023, after…
NAN committed to workers’ welfare, to set up joint c’ttee- MD
The Managing Director of the News Agency of Nigeria (NAN), Mr Buki Ponle, says the management of the Agency is conscious of the reality of the prevailing times and is…
NAICOM Increases Private Motor Third Party Premium To N15,000 from January 1, 2023
NAICOM logo By Ngozi Onyeakusi----The National Insurance Commission (NAICOM) has approved an upward review of private third party motor insurance policy premium from N5,000 to N15,000 , taking effect from…
Tax & Technology: FIRS Celebrates Management Team for Global Recognitions
By Ngozi Onyeakusi---The Executive Chairman of the Federal Inland Revenue Service (FIRS), Mr. Muhammad Nami has joined members of the Board, management and staff in felicitating with two members of…
CBN reviews cash withdrawal limits to N500,000 for individual, N5,000,000 for Corporate
Central Bank of Nigeria has bowed to public outcry on the cash withdrawal limits and has reviewed the amount individual and corporate can withdrawal in a week upwards. The apex…
CSOs Names PenCom Among Top Performing Agencies In Nigeria
PenCom DG, Aisha Dahir- Umar The Conference of Civil Society of Nigeria (CCSN) has identified the National Pension Commission (PenCom) as one of the top performing Ministries, Departments and Agencies…
Nigeria’s Oil Rigs Count Slumps 50% in Three Years
Drums of oil The latest Monthly Oil Market Report (MOMR) by Organisation of Petroleum Exporting Countries (OPEC) has revealed that Nigeria’s oil rigs count fell from 16 to eight between…
Insurance industry total assets hit N2.3tn in Q3
NAICOM logo The total assets of Nigeria’s insurance industry stood at at the end of the third quarter of 2022. The National Insurance Commission disclosed this in a report in…
CBN may withdraw banks’ forex license over diaspora remittances
The Central Bank of Nigeria, CBN, yesterday, threatened to withdraw foreign exchange dealership licences of banks that partner with International Money Transfer Operators, IMTOs, to violate its directive that beneficiaries…
Insurance Industry Premium Income Soars To N532.7bn In 2022 Q3
NAICOM logo By Ngozi Onyeakusi---The Nigerian Insurance industry said it recorded premium income to the tune of in the third quarter of 2022. Bulletin of the insurance market performance released…