Africa Reinsurance Corporation (Africa Re) has called on the federal government of Nigeria, the National Insurance Commission (NAICOM) and insurance operators in the country to join hands together to increase insurance penetration in the country.

Against the backdrop of inappropriate pricing and desperation for big risks, a rate template for insurance companies and brokers to work with is underway, according to the Nigerian Insurers Association (NIA).

Regardless of the ongoing economic recession in Nigeria, the country is believed to be an amazing potential market in Africa for sanitary wares and finishing products.

Minister of Power, Works and Housing, Babatunde Raji Fashola, has revealed how the federal government intends to solve Nigeria’s 17 million housing need, disclosing that in 2017, the government plans to build more houses to stimulate jobs.

Heritage Bank has launched an exclusive biometric identity card for members of the Performing Musicians Employers’ Association of Nigeria (PMAN).

Deputy Governor of Lagos State, Mrs. Idiat Adebule, First femaleRear Admiral in Nigeria, Rear Admiral Itunu Hotonou, among others areset to grace the Women in Successful Careers (WISCAR) 2016 conferenceand 7th annual graduation ceremony.WISCAR is a not-for-profit organization set up to counsel, mentorand enable career women realize their full potential and contributemeaningfully to organizations and the nation.

Fidelity Bank Plc has disclosed that its customers base has grown in excess of 2 million since it commenced its on-going customer loyalty scheme, Get Alert in Million Promo’.

The Federal Government has started patronizing manufacturers of sports equipment in the country through its Ministries, Departments and Agencies (MDAs).

The National Assembly Committee on Industry, Trade & Investment has commenced an impact assessment of the National Sugar policy on the sector.

By Providence Obuh Global payments giant, Visa, has entered into partnership with Ecobank, Pan African to roll out “mVisa,” an innovative mobile payment service in 33 African markets by year-end. mVisa enables consumers to pay for goods and services for everyday expenses from bill payments to groceries and taxi services by simply scanning a QR […]

Eko Atlantic City, the unique and innovative development, in a vibrant environment with 21st Century facilities on the coast of Lagos, is set to celebrate a client’s major development with the unveiling of the first completed residential building, Eko Pearl Towers. The development comes in addition to the commissioning of the Eko Boulevard, Nigeria’s first […]

The company grew its sales by 12.5 per cent to N5.94 billion within the nine-month period to leverage on its improved production capacity and increasingly efficient cost management to mitigate the tough operating environment.

FCMB Group Plc has reported a profit before tax, PBT, of N14.2 billion for the nine-months ended September 30, 2016. This represents an impressive increase of 453 per cent from N2.563 billion recorded in the comparative period of 2015. FCMB Group Plc, the holding firm with subsidiaries including First City Monument Bank (FCMB) Limited, FCMB Capital Markets Limited, CSL Stockbrokers Limited and CSL Trustees Limited, attributed the result achieved partially to its soundness of ratios, steady buffers against the subsisting adverse operating environment, in addition to the bank’s sustained revenue momentum combined with its cost optimization parogramme.

Deputy Governor, Operations, Central Bank of Nigeria (CBN), Mr. Adebayo Adelabu and chairman of First Bank Nigeria Limited, Mrs. Ibukun Awosika will lead banking and electronic payments executives to examine the impact of disruptive technology and future of payment at the 2016 annual retreat of the Committee of Electronic Banking Industry Heads (CeBIH).

KPMG, a global network of professional firms providing audit, tax and advisory services, has revealed that investment in Nigeria Financial services Technology, FinTech, over the last two years has exceeded $200 million.