All posts tagged "headline"

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  NAICOM, fire service to enforce public building insurance

  The National Insurance Commission has concluded plans to set up a joint committee with the Federal Fire Service to ensure the implementation and enforcement of Section 65 of the Insurance Act, 2003 on the insurance of public...

  • Posted April 1, 2015
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  No dividend on Sovereign Wealth Fund till 2017

  The Nigerian Sovereign Investment Authority on Monday said it would not pay dividend on the Sovereign Wealth Fund until the end of the 2017 financial year. The Managing Director and Chief Executive Officer, NSIA, Mr. Uche Orji,...

  • Posted April 1, 2015
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  Only two million farmers have insurance cover – NAIC

  About two million Nigerian farmers have adequately insured their agricultural operations and outputs. The Managing Director, Nigerian Agricultural Insurance Corporation, Mr. Bode Opadokun, disclosed this to our correspondent in an exclusive interview. He also said the corporation...

  • Posted April 1, 2015
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  Nigerian bonds, stocks rally as observers see voting as peaceful

  Nigerian bonds extended a rally, sending Eurobond yields to three-month lows, and stocks rose as voting in elections went more peacefully than anticipated, spurring investors to buy assets before final results are announced. According to Bloomberg, more...

  • Posted April 1, 2015
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  Banks won’t charge customers for BVN cards – NIBSS

  Managing Director of the Nigeria Interbank Settlement System (NIBSS), Mr. Ade Shonubi, has said  bank customers would not be charged for the bank verification number (BVN) cards that would be issued to them after they have completed...

  • Posted March 31, 2015
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  Eight banks grow loans, advances by 63% to N8.2tn

  The banking sector’s contribution to the growth of the nation’s economy improved in 2014 as eight banks grew loans and advanced by 63 per cent or N3.229 trillion to N8.277 trillion. THISDAY checks revealed that all the...

  • Posted March 31, 2015
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  First Bank named best retail bank

  First Bank of Nigeria Limited says it has received “The Best Retail Bank in Nigeria Award” for the fourth consecutive time at the just-concluded Asian Banker International Excellence in Retail Financial Services Awards in Singapore. Organised annually...

  • Posted March 31, 2015
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  Zenith Bank shareholders approve N54.9bn dividend

  Shareholders of Zenith Bank Plc last week approved the  N54.943 billion dividend declared for the 2014 financial year and hailed the board and management of the bank  for the impressive performance. The dividend translated into N1.75 per...

  • Posted March 31, 2015
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  Barclays Africa applies for equities trading licence in Nigeria

  Barclays Africa Group Limited, which is expanding on the continent after buying most of its parent’s operations in Africa, has applied for an equities trading license in Nigeria in addition to a commercial licence. “We really want...

  • Posted March 31, 2015
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  2,618 BDCs meet new capital requirement

  The Central Bank of Nigeria has added 32 bureau de change operators to the list of firms that have complied with its new capital requirements. The number of licensed BDCs has, therefore, increased to 2,618 from the...

  • Posted March 31, 2015
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