Stakeholders in the financial sector have canvassed the need to grow the insurance and pension sectors.
They spoke at the annual conference of BusinessToday Communication Limited in Lagos with the theme, ‘Consumer satisfaction in deepening penetration in insurance and pension sectors’.
The Chief Executive Officer, Centre for the Promotion of Private Enterprise, Dr Muda Yusuf, called on the…
FG bars online banks from accessing customer photos and contact information.
April 10, 2023
Loan apps on Play Store will lose their ability to access their users’ contacts or photos from May 31, 2023.
This came as the Federal Government said it would enforce the latest policy by Google, saying the action was consistent with the Nigerian authorities’ move to…
MTN Nigeria has announced the price for its shares per unit under the scrip dividend plan for interested shareholders.
In a corporate notice filed with the Nigerian Exchange Limited on Thursday, the firm said that reference share price would be N232.68, which was lower than…
Curlla Luxury Salon has disclosed plans to launch its flagship location in the Lekki area of Lagos State.
It is set to be the ultimate expression of luxury created to provide a unique and unparalleled beauty experience, with a focus on personalisation, exclusivity, and exceptional craftsmanship.
According to a statement by the brand, with team of highly trained and experienced professionals, the…
Samsung in partnership with Rifugio Communications has opened a brand store at Lekki.
The firm also announced that the store will offer customers an opportunity to spread payment for products across 12 months.
The newly opened store is a one-stop shop for Samsung products…
Consumer goods company, BUA Foods, has said its 2022 full year revenue rose by 26 per cent to N418.3bn from N333.2bn in 2021.
It also reported a 31 per cent appreciation in its profit after tax for the financial year ended December 31, 2022 when compared to the previous…
The United Bank for Africa has revealed plans to sell the Abuja Electricity Distribution Company to recover a $122m debt the Disco is owing it.
The lender had in December 2021 taken over the disco following the government’s approval.
The plan to sell was revealed at the bank’s audited 2022 results conference call (strategic review and outlook).
In December 2021, UBA took over AEDC over the…
The National Agency for Food and Drug Administration and Control on Wednesday in Abuja sealed two shops for allegedly selling unapproved products to Nigerians.
The shops are located in the Zuba Central motor park and Utako main market.
The News Agency of Nigeria reports that…
Lagos-Ibadan Expressway Completed April 30, Drainage Delayed, Oyo Section - FG
April 6, 2023
The Minister of Works and Housing Mr Babatunde Fashola, has said the Lagos-Ibadan and Abuja-Kano Expressways will be completed by April 30.
The minister gave the assurance at the pre-inspection of the completed Loko-oweto Bridge in Nasarawa State on Wednesday.
Fashola said…
The Federal Government has secured $800m from the International Bank for Reconstruction and Development (World Bank) to provide post-petroleum subsidy palliatives for over 50 million Nigerians ahead of June 2023.
The Minister of Finance, Budget and National Planning, Zainab Ahmed, revealed this to State House correspondents on Wednesday, after this week’s Federal Executive Council chaired by the…