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Buhari mandates CBN to provide funds for textile industries
President Muhammadu Buhari on Tuesday mandated the Central Bank of Nigeria (CBN) to make special funds available for the local production of textiles and garments in the country. Buhari made…
Access Bank’s Womenpreneur Pitch-a-ton Campaign Empowers 50 Qualified Female Entrepreneurs
From Ngozi Onyeakusi -- In a bid to fulfil its purpose of inspiring, connecting and empowering women from all works of life, the W Initiative of Access Bank through its…
Invest in Capital Market for Wealth Creation – SEC Urges Army
Officers and Men of the Nigerian Army have been enjoined to invest in the capital market in a bid to create wealth and save money for their retirement. This was…
Union Banks Profit Soars To N15.2b In Q3
From Ngozi Onyeakusi -- Union Bank of Nigeria (UBN) Plc has recorded a profit after tax of billion for the nine months ended Sept. 30, 2019. According to the bank,…
NDIC Deploys Artificial Intelligence To Address Challenges
Born out of the desire to tackle daunting challenges facing the corporation, the Nigeria Deposit Insurance Corporation (NDIC) said it will deploy artificial intelligence unit within its system. The Managing…
Transport Minister moves to ban certain freight forwarders for lawlessness
Minister of Transportation, Mr. Rotimi Amaechi yesterday said that certain freight forwarders will be banned from operating in the ports for going against the Act establishing the Council for the…
Nigeria Targets Polio Certification By 2020 — NEC
National Economic Council (NEC) says Nigeria is making conscious efforts toward achieving polio certification by the year 2020. The information was conveyed by Gov. Willie Obiano of Anambra, while briefing…
CHI renews N24m Group Accident insurance cover for journalists
From Ngozi Onyeakusi -- Consolidated Hallmark Insurance Plc has renewed its Group Personal Accident Insurance cover worth N24 million for insurance journalists in the country. This, according to the company,…
Fidelity Bank Posts N23b Profit In Q3
From Ngozi Onyeakusi -- Fidelity Bank Plc has posted a Gross Earnings to the tune of for the third quarter ended September 30, 2019. This figure showed an increase of…
Deposit Recapitalization Fund With CBN, NAICOM Directs Insurance Firms
By Ngozi Onyeakusi -- In bid to protect shareholders’ fund, the National Insurance Commission (NAICOM) has directed insurance companies to deposit their recapitalization fund with the Central Bank of Nigeria…