NECA rejects proposed hike in exercise duties
NECA rejects proposed hike in exercise duties
Wike bags award for infrastructure delivery
Wike bags award for infrastructure delivery
Mara appoints Pauline Siteyi as Vice President of People, Culture
By Juliet Umeh Mara, the Pan-African digital finance ecosystem has announced the appointment of Pauline Siteyi as the company’s new Vice President of People and Culture. In a statement, the company stated that Siteyi will be responsible for “ laying the foundations and structure for the people and culture of the ecosystem”. Siteyi joins Mara […]
Insurers pay out 47.3% of premium income as claims in Q2’22
By Rosemary Iwunze Following improved underwriting capacity, insurance companies paid 47.3 per cent of all premiums generated as claims in the second quarter of 2022, Q2’22. This shows a moderate improvement from Q1’22 where 48.7 per cent of all premiums generated were paid as claims. Accordingly, gross premium income increased by 64.9 per cent to […]
Banks’ borrowing from CBN rises 12% to N2trn
By Elizabeth Adegbesan Deposit banks’ borrowing from the Central Bank of Nigeria (CBN) rose year-on-year (YoY) by 12 per cent to N2.02 trillion in September 2022, under the Standing Lending Facility (SLF) and Repo lending. The CBN has two short term lending windows for banks namely the Standing Lending Facility (SLF) and Repo lending. While the […]
PDP’ll rebuild Nigeria, Atiku vows at campaign flag-off in A-Ibom
•Swears to revitalize economy, unite Nigerians •S-South PDP govs vow to unite to rescue Nigeria in 2023 •Say rescue mission non-negotiable By Harris Emanuel & Chioma Onuegbu, Uyo The campaign of the presidential candidate of Peoples Democratic Party, former Vice President Atiku Abubakar, got off the starting block in Uyo, the Akwa Ibom State capital, yesterday, […]
