Archives for JUST IN - Page 28
Eight banks surpass recapitalisation target, 11 breach non-performing loan cap
The Governor, Central Bank of Nigeria (CBN), Olayemi Cardoso, on Tuesday, disclosed that eight deposit money banks have already surpassed the new minimum capital requirement under the ongoing recapitalisation exercise.…
CBN HOlds MPR Steady At 27.5%
BY NGOZI ONYEAKUSI CBN Governor, Olayemi Cardoso The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) kept the Monetary Policy Rate (MPR) unchanged at for the third…
Delta State Governor Lauds Seplat Energy’s Commitment To Host Communities
…Assures of Stronger Partnership, Favourable Operating Environment Seplat Energy Plc, Nigeria’s foremost indigenous energy company, has been lauded by the Delta State Governor, Rt. Hon. Sheriff Oborevwori, for its sustainability…
Rex Insurance Launches Digital Platforms For Motor Sales
BY NGOZI ONYEAKUSI Rex Insurance is proud to announce the launch of its new digital platforms designed to revolutionize the way motor insurance is accessed and purchased. This strategic initiative…
PenCom Warns Banks, Employers Against Interfering In PFA Choices
BY NGOZI ONYEAKUSI The National Pension Commission has issued warning to financial institutions and employers against interfering in the choice of Pension Fund Administrators of their employees or the transfer…
FG’s Debt to Gencos Hits N1.2tn in H1, Total Arrears Exceed N5tn
Generation Companies (Gencos) yesterday said that the debts owed them hit trillion in the first half of 2025 alone, with total arrears, including legacy debts of N2 trillion and another…
SON Vows to Protect Local Manufacturers for Nation’s Industrial Growth
Director General, Standards Organisation of Nigeria (SON), Dr. Ifeanyi Chukwunonso Okeke has reiterated his commitment to continue to protect and the growth of local manufacturing companies in the country in…
Leadway Assurance Named Official Insurer of Lagos International Trade Fair 2025
BY NGOZI ONYEAKUSI L–R: Juliet Okon, Head, Alternative Channel and High Net-worth Clients (HNC), Leadway Assurance; Gabriel Idahosa, President, Lagos Chamber of Commerce and Industry (LCCI); Kike Fischer, Director, Sales,…
Kunle Afolayan, Mike Dada, Joseph Edgar, Mary Ephraim-Egbas to speak at QEDNG Creative Powerhouse Summit
BY NGOZI ONYEAKUSI Renowned filmmaker Kunle Afolayan, entertainment entrepreneur Mike Dada, theatre producer and investment banker Joseph Edgar and creative industry advocate Mary Ephraim-Egbas have been confirmed as panellists for…
CSCS LAUNCHES CUSTODIAN PORTAL TO ENHANCE OPERATIONAL EFFICIENCY
BY NGOZI ONYEAKUSI Central Securities Clearing System Plc (CSCS), Nigeria’s premier capital market infrastructure has announced the official launch of its Custodian Portal, a user-centric digital solution designed to optimize…
