Without mincing word, the growth in the Nigeria insurance industry under President Goodluck Jonathan’s administration is highly commendable as it recorded almost N1 trillion in its Gross Premium Income (GPI) between 2011 and 2014. The GPI, which amounted to N965 billion, grew by 14.8 per cent,
Money
The Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Lamorde, has urged bankers and major players in Nigeria’s financial sector to cooperate with law enforcement agencies in combating money laundering. He gave the charge at the Chartered Institute of Bankers of Nigeria, CIBN’s Anti-Money Laundering workshop, which held at the Reiz Continental Hotel,
The first non-political, non-partisan, economics-driven meeting between African and European business communities and government leadership has been billed to hold in Switzerland. According to the organisers of the convention, Dayo Consulting, the objective of the summit is to drive discussions and enable partnerships that will bring new opportunities for economic
The Committee for the Defence of Human Right Rights (CDHR), Osun State Chapter, has warned trade union workers to desist from violence. The right group said this while reacting to a violence caused by the factions of Trade Union Congress in Osun over differences of opinion on a three-day strike. During the crisis, journalists, especially […]
Skye Bank has warned against neglecting the Micro Small and Medium Enterprises (MSMEs) in the country, noting that any act of complacency over issues bothering the sector would adversely affect the fortunes of Nigeria’s economy. Addressing over 200 customers and business partners drawn from the MSME sector that attended the South East edition of […]
Nigeria’s foremost sugar refinery, Dangote Sugar Refinery has been certified by the Standard Organisation of Nigeria (SON) as a food safety compliant Company, becoming the first sugar producer with three ISO certificates in Nigeria. The management of the Refinery said at the weekend that it had successfully obtained the Food Safety Management Systems certification
Following strong growth in Diamond Bank’s balance sheet and tremendous upsurge in assets from N1.52trillion to N1.93trillion, Group Managing Director and Chief Executive Officer, of the Bank, Uzoma Dozie, has predicted a better run for the company in 2015 propelled by massive investments in digitization. For the year ended December 31, the group recorded […]
