Insurance firms promise not to retrench staff
By ABDUL-KHALIQ OLALEKAN
The 58 Insurance firms across the country have promised not to retrench any of their staff members in a bid to cope...
Investors continue recouping losses, gain N242bn
Investors on the Nigerian Stock Exchange (NSE) continue to enjoy price appreciation that has been their lot since the commencement of the new forex...
DMO boss exposes the import of new debt management strategy
The Federal Government has introduced a new debt management strategy expected to be in operation from 2016 to 2019. It is targeted at a...
Will NASS make it happen for Nigerian insurance industry ?
It is a good news that the review committee on the revised insurance (consolidated) bill concluded its job and recently submitted the new revised...
Market regains strength, adds N224bn
From the closing value of N9.881trillion on Monday, market closed at N10.105 trillion on Tuesday; recoding a gain of N224 billion even as the...
CBN clears backlog of forex
By Niyi Olaoye
Following the announcement by the Central Bank of Nigeria (CBN) on plans to clear all existing backlog of Foreign Exchange (forex) demand...
Suntrust Bank and ProvidusBank to commerce operation in Nigeria
By Niyi Olaoye
The Central Bank of Nigeria (CBN) has licensed Suntrust Bank Nigeria limited and ProvidusBank Plc to commence operation in Nigeria as regional...
CBN’s loan to banks rises to N281bn
By Niyi Olaoye
The Central Bank of Nigeria (CBN) loan to banks rose sharply last weekend by 173 per cent to N281 billion.
Investigations reveal that...
Market loses N164bn to profit taking
As against the belief that the impressive run the market witnessed for the better part of last week will continue this week, transactions on...
Naira falls 24% as the new forex policy takes off
The Naira tumbled on Monday as the Central Bank of Nigeria (CBN) ended a 16-month-long currency fix that caused investors to flee and sent...
