Archives for TOP STORIES - Page 190
Nigeria, others to receive fresh $150b from World Bank
President Buhari The World Bank has revealed a spending plan of $150 billion to support Africa in the next five years. Speaking at the Summit on Financing African Economies on…
Cornerstone Insurance posts 34% growth in gross premium
Cornerstone Insurance released its annual report for the year ended 31 December 2020 with 34% growth in gross premium written to billion from billion in 2019. Profit for the period…
Technology drives the parametric risk transfer market: Artemis Live
Author: Katie Baker----- Undoubtedly, technology continues to be the driver of growth in the parametric risk transfer sector, said David Whitehead, Co-CEO of Speedwell Weather in a recent webcast with sister…
FG recovers $1bn through beneficial ownership data
The Federal Government yesterday disclosed that 70 per cent of corruption cases are perpetrated by persons who use anonymous companies and that over $1 billion has been recovered by governments…
PenCom Awards Compliance Certificate To 39 Insurance Firms
PenCom DG, Aisha Dahir- Umar By Ngozi Onyeakusi-- - 39 insurance companies out of 58 operating in the sector have received compliance certificate from the National Pension Commission, PenCom. The…
PDP Governors Move For Constitutional Amendment, Devolution Of More Powers To States
Governors elected under the platform of Peoples Democratic Party (PDP), stressed the need for President Mohammadu Buhari to initiate an Executive Bill for the amendment of 1999 Constitution. The governors,…
Fertiliser imports rise by 84% to N117Bn
Despite various measures to encourage local production, a total of about N117 billion (or $ million) was expended on fertiliser importation in the past year. Fertiliser imports increased by $…
Petrol imports rises by 100 million litres in 2021 January – NNPC
Latest figures in the financial and operations report of the Nigerian National Petroleum Corporation have shown that the imports of Premium Motor Spirit (or petrol) by the NNPC rose by…
$1.24bn spent on food imports despite FG’s forex ban
Food products imports gobbled up $ of the foreign exchange supplied by the Central Bank of Nigeria from October 2020 to March 2021 despite the ban directive from the President,…
Ekiti targets one million tonnes in two years
By Ngozi Onyeakusi - --- The Ekiti State Government on Sunday said it intends to produce of over one million metrics tonnes of rice within the next couple of years.…
