FG targets additional 300,000bpd oil production with 2026 bid round
•Offers 37 blocks to investors, targets 500m barrels reserve addition Why 13 blocks returned to basket, NUPRC By Udeme Akpan & Obas Esiedesa The Federal Government yesterday said the ongoing 2025 Licensing Round is expected to deliver an additional 300,000 barrels per day (bpd) of crude oil and condensate production within three years Speaking at the […]
NAICOM sets 2 years limit for Bancassurance partnerships
NATIONAL Insurance Commission (NAICOM) has placed a two year limit on bancassurance partnerships between insurance companies and banks.
Sovereign Trust gross premium rises to N7bn
SOVEREIGN Trust Insurance Plc said that its gross written premium grew to N7.3 billion in the third quarter (Q3) of 2017 from N4.9 billion in the corresponding period of 2016.
Collective Investment Schemes in 2017: Equity-Based Funds in woeful performance
ACTIVITIES of the Collective Investment Schemes, CIS, in the nation’s capital market have continued to worsen, aggravated by the woeful performance of the Equity-Based Funds (EBFs).
There are laws that protect retail investors in mutual funds — Sofekun
In the remote event that the Fund’s assets are mismanaged by the fund manager, the SEC has set up a National Investor Protection Fund that can provide some financial relief to the unit holders
Fund transfer: Between NIP and NEFT
THERE are different types of funds transfer services and it is important for bank customers to understand the differences and implications.
