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4 Nigerian companies barred from AfDB contract for engaging in fraudulent and deceitful practices
Four Nigerian companies have been barred from participating in Africa Development financial projects for engaging in fraudulent and collusive practices during the tender for projects. The companies that have been…
Pension Fund Assets Soar To N11.09 trillion
By Ngozi Onyeakusi -- The National Pension Commission (PenCom) has disclosed that the fund assets has risen to trillion as June 2020. PenCom in its released summary of pension fund…
Inflation awful under Buhari as 63% Nigerians spend income on food – SBM Report
A report by SB Morgen Intelligence has revealed that no fewer than 63 per cent of Nigerians spend their income on food as inflation rises in the last five years…
Benue Government, CBN, BoI partner to encourage farming, SMEs activities
Ortom The Benue Government is working with the Central Bank of Nigeria (CBN), to commence large scale land clearing across the state to encourage farming activities. Governor Samuel Ortom, who…
COVID-19: PRUDENTIAL ZENITH LIFE DONATES $100,000 TO SLUM2SCHOOL
L-R: Head of Operation, Slum2School Innovation Hub, Dr. Ruth Ebe; MD/CEO, Prudential Zenith Life Insurance, Mr. Chuks Igumbor; Executive Director/Founder, Slum2School Innovation Hub, Mr. Otto Orondaam and Chief Commercial…
Recapitalization: NAICOM Commences Verification Of Capital Sept 21
By Ngozi Onyeakusi-- The National Insurance Commision (NAICOM) today said that verification of capital raised in the ongoing recapitalisation will commence on September 21, 2020. This was disclosed…
ROYAL EXCHANGE GENERAL ANNOUNCES N10.58BN GWP
L-R: Adejumo Adeyemo, Director; Mrs Jane Ekomwerern, Executive Director; Sheila Ezeuko, Company Secretary; Benjamin Agili, MD/CEO REGIC and Nnamdi Oragwu, Director of the company during the company’s 12th…
SEC Holds 1st CMC Meeting 2020
Yuguda The Securities and Exchange Commission (SEC) has announced that the first Capital Market Committee (CMC) meeting in 2020 is scheduled to hold from Thursday August 20…
Debt servicing gulps N1.57tn in six months
The Minister of State for Budget and National Planning, Mr Clem Agba, has disclosed that Federal Government spent a total of on debt servicing in the first…
Capital Market Committee Donates Ambulance, others to Rivers State
The Capital Market Support Committee on COVID-19 (CMSCC), has donated a brand new Toyota Hiace Ambulance vehicle and 1,400 cartoons of bottled water to Rivers government. Mr Obi…