archiveSeptember 5, 2016

Industrial And General Insurance (IGI) Plc has paid N1.2 billion as claims to its policyholders between January and August, 2016. A statement from the firm and made available to Business247 Online News at the weekend said, claims paid out under general business amounted to N273.5 million, including N107.2 million which...

Reprieve may soon come the way of businesses that have been crippled by the 41 items placed on forex prohibition list by the Central Bank of Nigeria (CBN) as the Federal Government is considering removing the list from monetary policy space and place it on fiscal policy space. According to...

Equities market trading on the Nigerian Stock Exchange (NSE) recorded a marginal decline in August of 2016, with market capitalisation and All-Share Index dropping by 1.5 per cent respectively, the situation market analysts attributed to persisting scarcity of foreign exchange and hike in interest rate. Review of the equities market...

As companies in both public and private sectors keep closing down, with some laying off their staff on  daily basis, as a result of the current economic downturn in the country, more unemployed Nigerians have the opportunity of resorting to drawing 25 per cent of their pension contributions to meet...