Latest Nigeria Business News
A MEMBER House of Representatives representing Kachia /Kagarko federal constituency of Kaduna State, Gabriel Saleh Zock, has declared that the priority of all the lawmakers from the state is the socio-economic development of the state. Zock said the representatives are committed to effective representation and will do anything in the interest of the state, including […]
KOGI State Governor Yahaya Bello has cautioned leaders to desist from inciting the public against the President Muhammadu Buhari administration. He said the President is doing his best and will continue to transform the nation. The governor, who stated this during the Eid-Kabir prayer in Okene, Kogi State, advised Nigerian leaders, who have lived their […]
The Lagos State Chapter of the African Alliance Congress (AAC) said on Sunday that it would not recognise Mr Leonard Nzenwa as the national chairman of the party. The Publicity Secretary of the party in the state, Mr Elias Ozikpu, expressed the position in an interview with the News Agency of Nigeria (NAN) in Lagos. […]
A group of doctors from seven countries – Pakistan, India, Iran, Afghanistan, Syria, Lebanon and Iraq has written a letter to President Muhammadu Buhari pointing to Sheikh Ibrahim El-Zakzaky’s physical conditions, and asking the Nigerian government to transfer him to a well-equipped hospital as soon as possible. The letter revealed El-Zakzaky’s medical and health status […]
Domestic carriers and other airlines within the African continent recorded an increase of 11.7 per cent in passenger traffic in June, the International Air Transport Association has said. The region led other markets in terms of percentage growth in the month, according to the association. IATA, in its global passenger traffic results for June 2019, […]
The Federal Government through the Pension Transitional Arrangement Directorate has paid 502 Civil Service Pensioners N784.37m as pension arrears. A statement from PTAD said the category of pensioners who received this payment included 262 verified eligible pensioners with complaints of non-payment of pension arrears from the North East, South East, North West and South South […]
Allianz Nigeria has been paying 15 per cent premium cashback bonus to clients who do not have a claim after insuring for 24 months in a row, Executive Director, Owolabi Salami has said. Salami stated that the company has in the first half of the year alone, paid cashback bonus of N3 million to nearly […]
Wapic Insurance Plc’s Gross Written Premium (GWP) has increased by 24 per cent to N8.7 billion. Last year, it was N6.9 billion. The growth was buoyed by sustained leadership status in some major accounts, attainment of increased market shares and enhanced underwriting capabilities. This was shown in the company’s unaudited results for the period ended […]
Insurance firms have ceded businesses worth $115.74 million (about N41.7billion) abroad because of lack of financial and technical capacity, a report by the National Insurance Commission (NAICOM) has shown. A breakdown of the lost deals include business of 11 multinationals and local firms abroad, holding only $45 million. This indicates that the firms ceded 72 […]
Union Bank has announced the launch of the EdTech Challenge. The EdTech Challenge is the third of the yearly Innovation Challenge, which aims to discover, showcase and support innovative, cutting-edge technologies with the potential to transform the education system. The initiative reinforces the bank’s commitment to innovation and education, underpinning its dedication to enabling success […]