Latest Nigeria Business News
Chairman of the Nigeria Insurers Association (NIA), the umbrella body of insurance underwriters in the country, Mr Ganiyu Musa has said that the insurance sector in 2021 raked in N508 billion Gross Premium. He also disclosed that operators have so far paid a total of N11 billion claims to victims of the 2020 #Endsars protest. […]
Following improved system liquidity supporting demand, the Central Bank of Nigeria (CBN) within the first six weeks of 2022, sold N687.8 billion Treasury Bills at its primary market auctions, and repaid a total of N227.35billion during the period. THISDAY checks revealed that the CBN conducted three primary market auctions in January 2022 and once so […]
The President, Major General Muhammadu Buhari (retd.), on Friday in Abuja said he would support the aspirations of credible and committed young people vying for positions in the February 26 national convention of the All Progressives Congress. This is as he mandated his Chief of Staff, Prof Ibrahim Gambari, and the Secretary to the Government […]
Former Vice President, Atiku Abubakar, has faulted the call on the Peoples Democratic Party to zone its presidential ticket to a particular region of the country, adding that the Constitution of the Federal Republic of Nigeria does not recognise it. This is as he expressed optimism that the PDP would adopt the indirect primary, which […]
The Nigeria Union of Journalists (NUJ) has warned against the politicisation of the contaminated fuel issue, so as not to bring unbearable hardship on the citizens. The body in a statement issued yesterday by its National President, Mr. Chris Isiguzo, noted that it was high time the blame game be put behind the nation so […]
Kwara State Government and immediate past governor of the state, Alhaji Abdulfatah Ahmed have traded words over the recent takeover of the government properties in Abuja and Shonga Farms by the Assets Management Corporation of Nigeria (AMCON). At a press briefing in Ilorin to explain the recent takeover of two Kwara State properties by AMCON […]
The Director of Operations of the Kaduna Geographic Information Service (KADGIS), Malam Dauda, has been killed by gunmen. The gunmen, about five in number, were said to have killed him in the early hours of yesterday at his Barakallahu residence, Igabi Local Government Area of the state. Sources said the gunmen killed him and fled […]
No fewer than 55 chairmanship candidates and 363 councilorship candidates are contesting today as 1.4 million registered voters in the Federal Capital Territory (FCT) elect new council executives. The FCT election which is conducted by the Independent National Electoral Commission (INEC) will be held in all polling units throughout the six Area Councils to fill […]
The federal government has been charged to bolster its relationship with the Chartered Institute of Taxation of Nigeria (CITN), with regards to tax matters. Stakeholders who made this call at CITN 40th Anniversary Dinner in Lagos recently, held that such was necessary to enhance economic growth and development. Speaking at the function, Edo state Governor, […]
A financial expert, Dr. Folashade Adeyemo has advised the Central Bank of Nigeria (CBN) to submit itself to international organisations for regular monitoring, to be able to discharge its duty efficiently. Adeyemo took this position in her new book, “Banking Regulation in Africa: The Case of Nigeria and Other Developing Economies” which is set for […]