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Nigeria saves N127b yearly over cassava bread – Adesina

Nigeria saves N127b yearly over cassava bread – Adesina

By Chibuzor Emejor Correspondent, Abuja   Minister of Agriculture and Rural Development, Dr. Akinwumi Adesina, has said Nigeria is saving N127billion annually through the use of high quality cassava flour…

CBN sets up Collateral Registry to strengthen SMEs’ growth

CBN sets up Collateral Registry to strengthen SMEs’ growth

By Sola Alabadan Senior Correspondent   In order to improve access to finance for Micro, Small and Medium Enterprises (MSMEs), the Central Bank of Nigeria (CBN) has issued the Collateral…

Nigeria at 54: The good, the bad and the ugly

Nigeria at 54: The good, the bad and the ugly

Nigeria, at 54 years of independence, is tottering under the yoke of avalanche of political and economic problems, most of which are self inflicted. Andy Nssien reports that if conscientious efforts…

FRSC charges insurers on fake operators

FRSC charges insurers on fake operators

The Federal Road Safety Commission (FRSC) has urged the Nigerian Insurers Association (NIA) to step up efforts aimed at putting an end to the activities of fake insurers in the…

There is nothing like multiple taxation in Lagos state – Fowler

There is nothing like multiple taxation in Lagos state – Fowler

Address him, as the number one tax collector for Lagos State government and you may not be far from the truth. Mr William Babatunde Fowler is the Executive Chairman of…

Emefiele’s crocodile tears over N300b surplus

Emefiele’s crocodile tears over N300b surplus

“What we have seen is that instead of banks channelling what we call excess liquidity in the system into the productive or certain targeted sectors of the economy, what they…

SA Life pays N2.78b claims

Standard Alliance Life Assurance Limited (SA Life) paid N2.78 billion claims to its policyholders in 2013 as against N2.65 billion paid in 2012, the company’s Chairman, O’tega Emerhor, said. Out…

Revisiting the CPFA licence issued NNPC

Closed Pension Fund Administrator The Pension Reform Act 2014 provides that any employer in the private sector wishing to manage its pension fund shall apply to the National Pension Commission…

Notice to revoke operators’ licence now seven days

Unlike what obtained under the repealed Pension Reform Act 2004 where the National Pension Commission (PenCom) is required to give at least 28 days notice of its intention to the…

Mansard Insurance grows revenue 27 per cent

Mansard Insurance plc., provider of risk and investment management services  has announced a 27 per cent growth in both Gross Premium Written (GPW) and Net Premium Income (NPI)  in its …

NSE Index up 0.25 per cent

By Bamidele Ogunwusi Correspondent   The bullish run on the floor of The Nigerian Stock Exchange continued on Tuesday as the two twin indicators closed northward, up by 0.25 per…

Airlines operators tasked on adequate insurance cover

By Sola Alabadan  / Senior Correspondent   Managing Director, Alphachoice Insurance Brokers, Sunny Adeda, has advised airline operators in Nigeria to make sure that their aircrafts are insured in the country…

Royal Exchange earns N9b income

Royal Exchange Plc generated a gross premium income of N9.08 billion in 2013 in comparison with N7.61 billion recorded in 2012, representing a growth of 19 per cent, the Group…

PenOp counsels operators to manage conflict of interests

By Sola Alabadan  / Senior Correspondent   The Pension Funds Operators Association of Nigeria (PenOp) has counseled pension operators to institutionalise the process of identifying and dealing with conflict of interests’…

CWG urges govt to invest in last mile infrastructure

By Emmanuel Okwuke  / Senior  IT. Correspondent    The Chief Executive Officer, Computer Warehouse Group Plc has called on  government to invest in the critical ‘last mile’ infrastructure that would take…

I’ve no hand in $9.3m, says Oritsejafor

I’ve no hand in $9.3m, says Oritsejafor

By Stella Omona  / Abuja   The President of the Christian Association of Nigeria, Pastor Ayo Oritsejafor, on Monday said he knew nothing about the controversial $9.3m smuggled into South Africa…

NSE Market Cap up N94.325b

NSE Market Cap up N94.325b

By Bamidele Ogunwusi / Correspondent   Trading on the floor of The Nigerian Stock Exchange on Monday, which opened in green, also closed in green at the close of trading with…

DPR to sanction unlicensed cooking gas marketers

DPR to sanction unlicensed cooking gas marketers

• Set to audit licensed plants nationwide By Anayo Korie  / Ag Energy Editor   The Department of Petroleum Resources has decried the rising number of marketers in the Liquefied Petroleum…

Chevron vows to ‘learn’ from Angola LNG tragedy’

Chevron vows to ‘learn’ from Angola LNG tragedy’

By Anayo Korie  /Ag Energy Editor   A string of errors at a $10 billion Angolan liquefied natural gas venture has dented Chevron Corp’s reputation as one of the best …

FG, AMCON owe Bi-Courtney N132b

FG, AMCON owe Bi-Courtney N132b

• Says planned takeover illegal By Abel Orukpe / Correspondent, Lagos   Bi-Courtney Aviation Services Limited (BASL), manager of the Murtala Muhammed Airport Terminal 2(MMA2), Lagos, has insisted that the Federal…

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