Archives for JUST IN - Page 57
Interest rate rises to 24.75%
The Monetary Policy Committee (MPC), after its meeting in Abuja, announced a significant hike in the benchmark interest rate. The decision, accompanied by adjustments to reserve requirements for banks, aims…
3rd Cycling Lagos holds May 25
By Ngozi Onyeakusi---The 3rd edition of Cycling Lagos, one of the biggest cycling competitions in Africa has been scheduled to hold between May 18 and 25, 2024. The 2024 edition …
VFD Group mulls SplitXchange for alternative finance for creative industry
L-R, Vice Chairman, Capital Market Correspondents Association of Nigeria (CAMCAN), Friday Ekeoba; Managing Director of Splitar Limited, Folagbade Adeyemi; Chairman CAMCAN, Chinyere Joel-Nwokeoma; and Head Marketing & Corporate Communications of…
FBS Re, Insurfeel Initiative donate N66.30m School Fees Protection Plan to 26 LASU students
26 students of Lagos State University (LASU) are to benefit million sum assured on the insurance coverage donated to them by FBS Reinsurance Corporation in conjunction with Insurfeel initiative. The…
Insurance Sector’s Gross Premium Written Records N1.003tn, Total Assets Grow To N2.67 Trillion in 2023
NAICOM logo By Ngozi Onyeakusi---The Insurance industry of Nigeria has sustained its progressive trend of positive market performance at the close of 2023 fourth quarter, recording a milestone growth in…
Heirs Insurance Launches New Website Offering Most User-Friendly Insurance Experience
Heirs building By Ngozi Onyeakusi--- Heirs Insurance Group, Nigeria’s fastest growing insurance group, has launched a new website that delivers the most user-friendly insurance experience in the industry. In addition to…
Ban on alcoholic drinks in sachet: House seeks enforcement of suspension
The Chairman of the House of Representatives Committee on National Agency for Food and Drugs Administration and Control (NAFDAC), Regina Akume (APC, Benue), has called for the immediate enforcement of…
Senate Passes Students Loan Act Amendment Bill
The Senate yesterday passed the Student Loans (Access to Higher Education) Act (Repeal and Re-Enactment) Bill, 2024. The resolution of the Senate followed its consideration of the report of the…
Tony Elumelu Foundation Set to Announce 2024 Cohort of Flagship Entrepreneurship
Elumelu By Ngozi Onyeakusi---The Tony Elumelu Foundation (TEF), the leading philanthropy empowering African entrepreneurs, will announce 1,200 African entrepreneurs across 54 African countries as beneficiaries of its flagship Entrepreneurship Programme.…
Access Bank, KCB Group Sign Binding Offer on Acquisition of National Bank of Kenya
By Ngozi Onyeakusi---Access Bank PLC and KCB Group PLC (KCB) have signed a binding agreement to acquire 100 percent shareholding in National Bank of Kenya Limited (NBK) from KCB. The…