Business

CBN raises MPR to 13%, retains other parameters

For the first time in over two years,  the Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate (MPR) to 13 per cent. Mr Godwin Emefiele, Governor of the…

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Health insurance for Nigerians by 2030, says NHIA

The management and staff of the National Health Insurance Authority (NHIA) have commended President Muhammadu Buhari for signing into law the National Health Insurance Authority (NHIA) Act.  The NHIS Deputy…

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Ships with petrol, other items waiting to berth at Lagos ports

The Nigerian Ports Authority (NPA) on Monday said six ships that have arrived at Laos ports are waiting to berth with petrol, bulk sugar and soya bean meal. NPA, in…

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NGX: Trading sustains bearish trend, down 0.13%

Activities on the trading floor of the Nigerian Exchange Ltd., (NGX) maintained a bearish trend on Monday with the market indicators depreciating further by 0.13 per cent. Specifically, the market…

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Adesina: AfDB’s High 5 program impacts 335m people across Africa

The African Development Bank (AfDB) says the high five programme of the Bank has impacted no fewer than 335 million people and households across African countries. A statement by Dr…

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BHM wins SABRE awards for MTN public offer

……..stakeholder engagement BlackHouse Media (BHM), an international public relations consultancy, has emerged winner at the 2022 Africa SABRE Awards for MTN campaigns in the measurement, evaluation and stakeholder engagement categories. Chief…

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Dangote tasks states to focus on what enables investments, industrial growth 

President of the Dangote Group, Aliko Dangote has challenged state governments to consider as topmost priority, the provision of enabling environment for investments as a potent means of attracting private…

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New CIBN president unveils his plans to attract youths

The Chartered Institute of bankers of Nigeria (CIBN) on Saturday inaugurated Mr Ken Opara as the 22nd President, Chairman of Council to manage its affairs from 2022 to 2024. Opara…

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NGX: Market capitalisation dips by N159bn

Trading on the nation’s bourse closed on a downward trend on Friday, with market capitalisation dropping by N159 billion to close at N28.562 trillion compared with N28.721 trillion achieved on…

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NEM Insurance generates N27.8bn gross premium

……in 2021 NEM Insurance Plc has generated a gross premium of N27.8 billion for the financial year ended Dec. 31, 2021, indicating an increase of 26 per cent when compared…

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