Police declare port corridor ticketing, revenue collection illegal
By Godwin Oritse The Western Ports Police Command has intervened in the brewing dispute between the Committee of Maritime Transport Unions and Associations (COMTUA) and the Lagos State Trucks and Cargo Operators Committee (LASTCOC) over the proposed sale of Lagos State revenue tickets along the Apapa and Tin Can Island port corridors. The intervention followed […]
There are huge opportunities for microfinance in Nigeria — MD, Asha MfB
There are huge opportunities for microfinance in Nigeria — MD, Asha MfB
DBN to sign on banks, more MFIs before year end — Okpanachi
The Development Bank of Nigeria (DBN) is to sign on Deposit Money Banks (DMBs) and more Micro Finance Institutions (MFIs) before the end of the year.
Insurers groan as premium growth lags behind liabilities
THE insurance industry, during the nine months period ended September 2017, witnessed marginal growth in gross premium written while claims expenses went up significantly.This development may have put the badly affected underwriters in financial stress.
Cost of funds to fall as over N700bn inflow hit interbank
Cost of funds in the interbank money market will decline this week in response to inflow of over N700 billion from matured treasury bills and statutory allocation to the three tiers of government.
Stanbic IBTC reports 78% increase in profit in Q3 2017
Stanbic IBTC Holdings Plc has posted a 77.7 percent increase in profit before tax to N45.65 billion from N25.7 billion for the nine month period ended September 30, 2016.
