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Panama
Gasolina de 95 octanos sube 51 centésimos por galón, gracias a Irma
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Nigeria
Saham Unitrust records N429.9m profit
Nike Popoola Saham Unitrust Insurance Nigeria Limited said the firm expanded its business operations and recorded N429.9m underwriting profit in the 2016 financial period. The company’s net claims expenses also stood at N355.2m at the end of 2016, which it noted as attesting to its ability to respond to claims ...
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Nigeria
Exit from recession’ll help bring down interest rate, inflation – Emefiele
Ifeanyi Onuba, Abuja The Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele, on Wednesday said that the improvement in economic performance, which was confirmed by the report of the country’s exit from recession, would enable the apex bank to bring down interest and inflation rates, as well as ...
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USA Nigeria
Naira weakens to 367/dollar
Oyetunji Abioye The naira weakened to 367 per United States dollar at the parallel market on Wednesday, after closing flat at 365/dollar in the past one week. This was despite a $250m injection into the foreign exchange market by the Central Bank of Nigeria on Monday. A breakdown of Monday’s ...
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Nigeria
Leadway to provide insurance cover for lawyers
Nike Popoola Leadway Assurance has reiterated its resolve to provide insurance protection for practising lawyers who are members of the Nigerian Bar Association. According to a statement, Leadway said this during the Nigerian Bar Association’s general conference with the theme, ‘African business: penetrating through institution building’ in Lagos. Leadway Assurance ...
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Nigeria
FG commends NIMASA for improved revenue performance
The Federal Government, through the Ministry of Finance and the Office of the Accountant-General of the Federation, has commended the Nigerian Maritime Administration and Safety Agency for its revenue performance in the past one year. The Minister of Finance, Mrs. Kemi Adeosun, who disclosed this at a workshop in Abuja ...
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Cina Nigeria
‘Nigeria ready for investment’
Sesan Olufowobi The Senator representing the Lagos East Senatorial District, Gbenga Ashafa, says Nigeria is a haven for serious investments. Ashafa, who is also the Chairman, Senate Committee on Land Transport, stated this in China during an inspection of CRRC Nanjing Puzhen Co. Ltd in Nanjing, China, a statement said ...
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Nigeria
Chevron completes 12-month training for youths
Chevron Nigeria Limited, the operator of the Nigerian National Petroleum Corporation/CNL Joint Venture, said it had completed a 12-month on-the-job training for seven Nigerian graduates at its office and field locations. The oil major said in a statement that a total of 14 graduates had benefitted from its internship programme ...
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Nigeria
FEC orders probe of past JAMB, NIMASA chiefs
Forensic probe of some government agencies has been ordered. The exercise is to recover unremitted revenues, according to Minister of Finance Mrs Kemi Adeosun, who briefed State House correspondents at the end of the Federal Executive Council (FEC) meeting. With Mrs Adeosun were Minister of Water Resources Suleiman Adamu, Minister ...
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Nigeria
CBN sees further growth in economy
As the country exits recession, the Central Bank of Nigeria (CBN), said the economy will continue to improve in the days and years ahead. Speaking at the CBN’s 24th seminar for finance correspondents and editors in Awka, Anambra State yesterday, the CBN Governor, Mr Godwin Emefiele said he is “hugely ...