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Oil firms borrowed N130bn from banks in February– CBN
CBN Governor, Emefiele Operators in the downstream, natural gas and crude oil refining sectors of the Nigerian oil and gas industry borrowed N130bn from Nigerian banks in February amid the…
NNPC Assures No Increase in Pump Price of Fuel, as Subsidy rises to N500bn
The Nigerian National Petroleum Corporation (NNPC) says it will not increase the ex-depot pump price of fuel (PMS – Premium Motor Spirit) also known as petrol in May. The Group…
Eight repentant militants, kidnappers turn pastors in OPM Church
No fewer than eight repentant Niger Delta militants and kidnappers undergoing rehabilitation in the Omega Power Ministries (OPM) rehabilitation centre, are now pastors in the church, General Overseer, Apostle Chibuzor…
First 50 Beneficiaries Emerge In Ecobank Super Reward Scheme
By Ngozi Onyeakusi---- Ecobank Nigeria has announced the first 50 beneficiaries of Ecobank Nigeria Super Reward scheme. 50 customers will receive N25, 000 each. The four-month Super Rewards scheme which…
FIRS Urges Revenue Authorities To Embrace e-Solutions
Revenue generating authorities at all levels have been advisef to embrace automated processes and e-solutions for effective tax administration. The Federal Inland Revenue Service (FIRS) which made the call said…
Leadway Assurance Harps on need to mitigate cyber risks
By Ngozi Onyeakusi--- Corporate entities, institutions, religious organizations and individuals have been urged to provide necessary measures to protect their database and computer networks from attacks by hackers. Speaking recently…
Insurers need to increase reinsurance process efficiency: Sequel
By Matt Sheehan---- Analysts at Sequel have argued that insurers need to rethink their “highly inefficient approach” to reinsurance buying, alongside the release of the latest version of the Sequel Re…
Insured property asset growth outpaces GDP, despite pandemic: PERILS
By STEVE EVANS--- Insured property asset values continues to expand at a rate generally faster than GDP growth despite the effects of the pandemic and the recessions it has caused around…
FirstBank Launches New Corporate Website, Reiterates its Commitment to Service Delivery
Ngozi Onyeakusi----FirstBank, Nigeria and indeed West Africa’s premier financial inclusion services provider has announced the launch of its newly designed website at The new website is upgraded with features that…
World Bank officials escape attack in Calabar
Five officials from the Nigeria Erosion and Watershed Management Project (NEWMAP) and the Federal Ministry of Environment assisted by the World Bank on assignment to verify claims in a petition by…
