archiveJuly 2, 2016

The NSE All-Share Index and Market Capitalization depreciated by 4.39 per cent as against   the appreciated of 4.79 per cent the market recorded the previous week to close the week at 29,305.40 and N10.065 trillion respectively. The All-Share Index and Market Capitalization closed the week at 30,649.66 and N10.527 trillion...

By ABDUL-KHALIQ OLALEKAN Ogun State Government has re-assured the pensioners in the state of prompt payment of their pensions and improve on their welfare packages as they have worked hard and contributed their qouta to the development of the state. The State Commissioner for Finance, Mr. Adewale Oshinowo, gave this...

By ABDUL-KHALIQ OLALEKAN In spite of the harsh operating environment, Royal Exchange Plc said it was able to generate a gross written premium of N10.7 billion from its business activities for the financial year ended December 31, 2015. This, it said, represents an increase of 14 per cent over the...

  The Radiographers Registration Board of Nigeria (RRBN), an agency of the Federal Government, has arrested some fake radiographers and sealed the x-ray units of some hospitals in Imo State. Some of the impostors, it said, have been working as radiographers at the X-Ray units of some of the hospitals....

  With a total of  22.4 million Nigerians unemployed or under‐employed out of the 76.9 million total labour force, Worldstage Economic Summit (WES) 2016 (http://worldstagegroup.com/wes/) will be hosting in Lagos between September 7 and 8, 2016 to address the  unemployment challenges in the African biggest economy. According to Mr Segun...

By Wole Tokede Despite harsh economic and operational environment, Zenith Baak, First Bank, GtBank, Access Bank and Diamond are among the ten Nigerian banks that made the 2016 Top 1000 World Banks ranking of Financial Times. Data released by the organisation show that seven of the ten Nigerian banks featured...

Niyi Olaoye Following the recent sharp drop in the global oil price which has taken toll on the Nigerian economy, several state governments have commenced planning on how to restructure their billions naira worth of debts, Business247 can reveal. Data from the Debt Management Office (DMO) has showed that several...

By ABDUL-KHALIQ OLALEKAN Insurance stakeholders are expected to converge to discuss possible ways to increase insurance adoption and acceptance in the country. The meeting which will hold under the flagship of the 2016 Insurance Industry Consultative Council (IICC) in Abuja between 10th and 13th of July, 2015, would be a...

By Niyi OLAOYE The Federal Government has directed the Financial Reporting Council of Nigeria (FRC) to investigate bank on Aviation Intervention funds given to banks. The directive which was convened by Senate Committee on Trade and Investment Chaired by Mrs. Fatima Raji Rasaki, to FRC management during a courtesy visit...