archiveOctober 11, 2016

The Federal Government of Nigeria plans to raise, with the help private investors, a fund worth 1 trillion naira ($3.3 billion) to finance mortgages for low-income earners, the Vice President, Yemi Osinbajo said on Tuesday. Nigeria with population of more than 180 million people, suffers from a housing shortage. Few...

CBN, NDIC assures they are healthy A report has said that some banks in Nigeria may have been experiencing a “full-blown financial crisis” due to a cash crunch arising from “failed fiscal and monetary policies”. The Arqaam Capital report published by Bloomberg on Monday said this. Arqaam Capital is a...

Jumia Travel, a leading online hotel-booking company, has officially launched the web version of the Extranet App, an application that aims to give more flexibility and independence to hotel managers. The company, by this, is seeking to further empower its hotel partners across all markets with top-notch technology by unveiling...

Nigeria celebrated 56 years of independence two weeks back, ABDUL OLALEKAN chronicles events in insurance industry in the last 56 years as he examined how the players in the industry have fared. The birth of modern insurance in Nigeria is closely associated with the arrival of British trading companies, which...

There is a minor shakeup in the National Insurance Commission (NAICOM) has some directors have been redeployed to new portfolios in a minor reorganisation and rotation of heads of directorate in the commission. A statement from the Head, Corporate Affairs, NAICOM, Mr. Rasaaq Salaami, and made available to Business247 News...