Business

Nigeria hits record $947m monthly remittances, nears $1bn target – CBN 

Nigeria recorded $947 million in remittance inflows through International Money Transfer Operators (IMTOs) in July 2026, the highest monthly inflow ever recorded through formal channels and approaching the $1 billion monthly target set by Central Bank of Nigeria (CBN) Governor Olayemi Cardo By Babajide Komolafe According to the apex bank, IMTO inflows reached $3.8 billion […]
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Custodian nets N1.5bn profit in 2008

Custodian & Allied In surance Plc have announced a profit after tax of over N1.5 billion in its 2008 financial results. This is contained in its current annual reports released last week at the Annual General meeting. Of the total net profit, about N840million or 17kobo per share was paid out as dividend to shareholders.

CIIN inaugurates Delta State branch executive

THE Chartered Insurance Institute of Nigeria CIIN has installed a new executive team for the Delta State Branch of the Institute headed by Mr Leke Ojabanjo as the chairman.

Sunny Adeda is CIIN President

THE Chartered Insurance Institute of Nigeria (CIIN) was also last weekend installed Mr Sunny Adeda as institute’s 43rd President in the 50 Years of its existence. Mr. Sunny Adeda, takes over the mantle of leadership from Mr. Adeyemo Adejumo. Mr Sunny Oberuomor Adeda born 53years ago is from Ughelli, Ughelli North Local Government, Delta State, Nigeria.

Savannah Bank pledges speedy return of operations

Savannah Bank of Nigeria Plc has promised all stakeholders that it will ensure a speedy conclusion of the necessary processes that are required to re-open the bank to the general public.

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