Thursday, 30th June 2022
<To guardian.ng
Search
Breaking News:

Business

NAICOM-NIA-meet-pix
8 Jun 2015
THE National Insurance Commission (NAICOM) has advised the leadership of the Nigerian Labour Congress (NLC) to leverage on the provisions of the Pension Reform Act 2014 by ensuring that workers are sensitized to demand for their rights as provided in the Act, to ensure that both public and private sectors comply. The Commissioner for insurance,…
8 Jun 2015
Asian stocks kicked off Friday with a mixed open, as a slump on Wall Street overnight tempered risk appetite. Apart from the closely-watched US nonfarm payrolls report due later in the day, investors are also awaiting the meeting of the Organization of the Petroleum Exporting Countries (OPEC) taking place in Vienna. While markets expect the…
8 Jun 2015
The successful change of government, which climaxed with the inauguration of President Muhammadu Buhari, has been assessed as a renewal of optimism over economic progress in the country and new opportunities for the private sector, particularly in infrastructure development, consumer and financial services sectors. Besides, the Nigerian delegation at the just concluded World Economic Forum…
8 Jun 2015
The Bank of Industry (BoI) has unveiled five mobile applications to drive Small and Medium Enterprises (SMEs) operations in the country, in line with its resolution to increase intervention in the sector. The products include the SME Mobile App, SME Accounting application software, SAAPP, Online Loan Application Portal, Loan Application Tracking system, and SME Customer…
8 Jun 2015
SWISS RE AG, which has had an African presence for more than 60 years, said it’s in talks with Nigerian insurers to buy minority stakes and benefit from growth in the continent’s largest economy. “We’d like to have more investments in places like Nigeria,” Frank O’Neill, Swiss Re’s chief executive officer for the Middle East…
8 Jun 2015
THE Chairman, Law Union and Rock Insurance Plc, Mrs. Adenike Adeniran has said that the company was fortifying its workforce to move the firm to the next level. She said this during the company’s 46th yearly general meeting in Lagos. “We are fortifying our workforce by attracting good hands and through training and retraining, making…
8 Jun 2015
US stocks fell on Thursday, hit by nervousness ahead of Friday’s jobs report and lingering uncertainty over a Greece aid deal with creditors. Declining oil and gold prices also weighed on energy and materials shares, which led declines in the benchmark S&P 500. Data showed the labor market tightening, with first-time applications for unemployment aid…
8 Jun 2015
With the passage of one week after the inauguration of the new administration, the financial market has assumed a calm momentum and eagerly waiting for an economic blueprint that will set the tone for activities. The coming of the new administration, from the announcement of the result to the inauguration, has been greeted with optimism,…
8 Jun 2015
The Rand Merchant Bank (RMB) Nigeria Limited hosted its inaugural fixed income training workshop with the aim of devising strategies that would ensure value addition to the investments of clients.    The three-day workshop, held in Lagos and Abuja from June 1 to 3, 2015, and 4 to 6 respectively, was undertaken by Peter Skerritt and…
8 Jun 2015
A turnover of 1.221 billion shares worth N16.964 billion were traded in 19,847 deals by investors on the floor of the Exchange last week in contrast to a total of 1.799 billion shares valued at N22.105 billion that changed hands in 17,337 deals during the preceding week. Specifically, the financial services industry (measured by volume)…
8 Jun 2015
ECOBANK Rapid Transfer has emerged the winner of the Best Remittance Product in Africa at The Asian Banker’s second yearly Middle East and Africa Awards held at the Ritz Carlton, Dubai, United Arab Emirates (UAE). The Asian Banker provides information for the financial services industry in the form of publications, online materials such as e-newsletters,…
8 Jun 2015
FIRST Bank of Nigeria Limited said it is supporting and participating in the LEAP Africa’s 10th CEO Forum in line with its corporate responsibility and sustainability programme. The forum is a platform for interaction, knowledge sharing and partnerships between Small and Medium Enterprises (SMEs) and leading private and public sector organizations who offer cutting-edge solutions…

Latest

52 mins ago
US President Joe Biden on Thursday called for an "exception" to the Senate filibuster rule so that Democrats can pass an abortion rights law, reversing the recent Supreme Court decision. The "exception to the filibuster" called for by Biden would allow Democrats to pass a law enshrining abortion access rights with their current thin majority…
53 mins ago
Idris Elba apparently wants to make an offer of $1 billion GBP ($1.2 billion USD), which would be used to buy the UK broadcast service Channel 4. The CEO and founder of the marketing and communications group The Miroma Group, Marc Boyan, is reportedly in conversation with the actor about the bid. Variety also reports…
1 hour ago
Anambra State governor Chukwuma Charles Soludo has barred all markets and parks executives from collecting revenue in the state for the government. Soludo's media aide Christian Aburime in a statement said the governor announced the ban at a one-day town hall meeting with the Transport and Market Union Executive Members in the State. The governor…
1 hour ago
The Independent National Electoral Commission (INEC) has expressed worries over the low rate of Permanent Voter Cards (PVC) collection in Lagos State. The State Resident Electoral Commissioner, Mr Olusegun Agbaje, made this known at the Eighth Annual Constituency Stakeholders’ Meeting held on Thursday in Lagos. The News Agency of Nigeria (NAN) reports that the meeting…
1 hour ago
Countries need to ramp up controls on cryptocurrency transactions to meet international standards on transparency, a watchdog said on Thursday. The Paris-based Financial Action Task Force (FATF) said countries had made only "limited progress" in implementing its "travel rule", which it had recommended for global adoption in 2015. Under the rule, regulators are supposed to…