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FBI Indictment: DCP Abba Kyari appears before DIG Egbunike Panel

FBI Indictment: DCP Abba Kyari appears before DIG Egbunike Panel

Former Head of Police Intelligence Response Team, DCP Abba Kyari, currently on suspension on Tuesday appeared before the Special Investigation Panel, headed by the Deputy Inspector-General of Police in-charge of the Force Criminal Investigations Department, Joseph Egbunike.

CBN issues guidelines for payments service holding companies

CBN issues guidelines for payments service holding companies

By Elizabeth Adegbesan THE Central Bank of Nigeria, CBN, has issued guidelines for licensing and regulation of Payments Service Holding Companies, PSHCs, in the country. The apex bank, yesterday, disclosed this in a circular to all Deposits Money Banks, Payment Service Providers and Other Financial Institutions. The guidelines, stated: “The regulation requires companies desirous of […]

ACN, CPC died in 2014 to give birth to new Nigeria ― Engr Olusegun

ACN, CPC died in 2014 to give birth to new Nigeria ― Engr Olusegun

A chieftain of the All Progressives Congress, APC, in Kogi State, Engr Joseph Olusegun, has said the “purported pact to transfer power from the defunct ACN to CPC within APC is a concoction of certain elements to shortchange Nigerians”, insisting that both the ACN and the CPC died to give birth to a new Nigeria. […]

SUNU Assurances post N313m profit

SUNU Assurances post N313m profit

By Rosemary Iwunze SUNU Assurances Nigeria Plc has posted a profit before taxation of N313.41 million for the 2020 financial year from a loss before taxation of N188 million in 2019. The Group also recorded a growth of 37.5 per cent in Gross Written Premium of N4.209 billion in 2020 from N3.060 billion in 2019. […]

FG should complete payment of pension backlog — Experts

FG should complete payment of pension backlog — Experts

By Rosemary Iwunze Experts in the pension industry have called on the Federal Government to promptly conclude the payment of the 2.5 per cent differential in pension contributions to Federal Civil Service retirees and employees. The experts argue that the N5 billion released by the FG last week to settle the differential for only 2019 […]

CIIN poised to deepen insurance awareness — President

CIIN poised to deepen insurance awareness — President

By Cynthia Alo President and Chairman of Council, Chartered Insurance Institute of Nigeria, Mr Muftau Oyegunle, has said that greater efforts are underway towards increasing insurance awareness across the country. Oyegunle disclosed this at a media briefing in Lagos saying, “This year, there would be greater efforts towards the extension of insurance awareness programmes and […]

Tokyo Olympics: Team Nigeria bleeds as Adekuoroye loses

Tokyo Olympics: Team Nigeria bleeds as Adekuoroye loses

By Tony Ubani, in Tokyo Odunayo Adekuoroye was Team Nigeria’s hope and face at the Tokyo Olympics. She was so good that she was described as good as gold. Nigerians looked eagerly to her fight with high hopes.  But the unexpected happened yesterday as Adekuoroye was beaten flatly through a pinfall after romping to an […]

Ibori is a good man says Ossai

Ibori is a good man says Ossai

Delta State Governor Special Assistant on Media Mr Ossai Ovie Success has described Former Governor of Delta State Chief James Ibori as a good man. Ossai in a Congratulatory message noted that the former Governor has unprecedented antecedents as a Governor. According to him, Ibori built bridges to hitherto inaccessible towns such as Omadino and […]

DBN doubles loan portfolio to N215bn

DBN doubles loan portfolio to N215bn

Gets Agusto AAA rating Emma Ujah The Development Bank of Nigeria (DBN) has doubled its loan portfolio to N215.1 billion, as Agusto & Co. assigns a triple “A” rating, with a stable outlook to the real sector finance institution. DBN’s Managing Director, Mr. Tony Opkanachi, who provided the loan portfolio data in a statement last […]