PPPRA: NNPC imported 99.6% of petrol in 2019
By Obas Esiedesa A report by the Petroleum Products Pricing Regulatory Agency (PPPRA) has indicated that the Nigerian National Petroleum Corporation (NNPC) imported 99.61 percent...
Category : Business
Mutual Benefits appoints Asenuga as new MD/CEO
From Edet Udoh, Lagos Following the retirement of Olusegun Omosehin as the Managing Director of Mutual Benefits Assurance Plc., the firm has appointed Femi Asenuga...
Recapitalisation: Cornerstone in comfortable situation, says MD
From Edet Udoh, Lagos The Managing Director/Chief Executive Officer, Cornerstone Insurance Plc, Mr. Ganiyu Musa, has expressed confident that the company is financially strong to...
Universal gets Shareholders’ approval to raise additional capital
From Edet Udoh, Lagos The Shareholders of the Universal Insurance Plc have given its board approval to go ahead and raise the company’s share capital...
New companies’ Act ‘ll re-energise economy, says CAC
By Felix Khanoba The Corporate Affairs Commission says the amended Companies and Allied Matters Act (CAMA) passed by the National Assembly will give a major...
UBA makes major appointment underlines importance of African/global business
Chukwuma Nweke From JOHN SILAS, LAGOS The United Bank for Africa (UBA) Plc has appointed Oliver Alawuba as CEO of UBA Africa, overseeing the bank’s...
Recapitalization: CIIN boss calls for creativity, hard work
From Edet Udoh, Lagos President/Chairman of Council, Chartered Insurance Institute of Nigeria (CIIN), Mr. Eddie Efekoha, has said that the ongoing recapitalization in insurance industry...
Digital economy panacea for economic growth- Pantami
By Osy Nkwocha The Minister of Communications and Digital Economy, Dr. Isa Ali Ibrahim Pantami, has enumerated the goals of a digital economy and restated...
2020: SEC prioritizes derivatives trading market development
The Acting Director General of the Securities and Exchange Commission (SEC), Ms. Mary Uduk has stated that developing an efficient derivatives trading market is one...
FAAN reopens Port Harcourt Airport for operations
The Federal Airports Authority of Nigeria (FAAN) has reopened the Port Harcourt International Airport for operations. FAAN General Manager, Corporate Affairs, Mrs Henrietta Yakubu, made...