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23 views, 23 views today Elumelu Proposes N50m Capital Base for Insurance Brokers Tony Elumelu, Chairman, Heirs Holdings, on Thursday proposed N50 million as capital base for insurance broking firms operating in Nigeria. Elumelu, also founder, Tony Elumelu Foundation, said this at the 60th Anniversary Colloquium of the Nigerian Council of Registered Insurance Brokers (NCRIB) with the […]
23 views, 23 views today LASACO Assurance Financial Strength Upgraded after Capital Injection GCR Ratings has upgraded Lasaco Assurance Plc.’s national scale financial strength rating to A (NG) from A-(NG), with a stable outlook, which reflects the insurer improved capitalisation and liquidity positions. Reflecting a stable outlook that is accorded to the company, GCR hopes that Lasaco […]
16 views, 16 views today Kenya Hikes Interest Rate to 8.25% The central bank of Kenya raised its benchmark interest rate by 75 basis points to 8.25% at its September 2022 meeting, surprising markets that expected it to remain steady at 7.5%. The hawkish adjustment marks the second straight rate hike this year, bringing borrowing costs to […]
23 views, 23 views today Brent Crude Inches Near $89 Per Barrel Brent crude futures were trading around $89 per barrel on Thursday, bouncing off their daily lows of about $87 amid growing speculation that Organisation of Petroleum Exporting Countries (OPEC+) could intervene in markets by cutting again next week. The oil cartel is mulling on whether […]
19 views, 19 views today Unity Bank, Lagos Food Bank Partner to Donate Items to Community In a massive collaborative initiative to support and promote interventions targetted to addressing hunger and malnutrition in communities, Agric lender, Unity Bank Plc and Lagos Food Bank have donated food items worth millions of Naira to Ogundimu Ilaje, a riverine community […]
The Legal Practitioners’ Privileges Committee (LPPC), has elevated nine Professors of law, three lawyers of the Economic and Financial Crimes Commission (EFCC), and 50 others to the prestigious rank of the Senior Advocates of Nigeria (SANS.). They were honoured with the rank by the Committee headed by the acting Chief Justice of Nigeria (CJN), […]
34 views, 34 views today President Muhammadu Buhari met with members of the National Peace Committee in Abuja on September 29, 2022. President Muhammadu Buhari on Thursday said the signing of the Peace Accord with former President Goodluck Jonathan and other presidential candidates in the build up to the 2015 elections contributed largely to the peaceful […]
34 views, 34 views today The Legal Practitioners’ Privileges Committee (LPPC), has elevated nine Professors of law, three lawyers of the Economic and Financial Crimes Commission (EFCC), and 50 others to the prestigious rank of the Senior Advocates of Nigeria (SANS.). They were honoured with the rank by the Committee headed by the acting Chief Justice […]
29 views, 29 views today The Lagos government has suspended all activities of the Road Transport Employers Association of Nigeria (RTEAN) with immediate effect. The announcement comes a day after factional members of the association clashed in the Iyana Iba and Lagos Island areas of the state. In a statement announcing the suspension on Thursday, […]
33 views, 33 views today A file photo of the PDP emblem. At least four members of the Peoples Democratic Party’s National Working Committee have returned about N122.4 million to the party. In separate letters to the PDP, the NWC members said the monies had been paid into their account without their knowledge. The money was […]
