August 21
Nigeria: Laline - How Executives Can Foster Adaptive, Resilient Organisational Culture, Inspire Change and Sustainable Success
Rodria Laline, the inventor of the first chip used on the first ATM card, is a former senior vice-president of Oracle in Asia Pacific and Harvard and is an INSEAD and IESE… Read more »
Nigeria: Hassan - Ndic Has Paid 86 Percent of Heritage, Other Insured Depositors of Failed Banks
Managing Director/CEO of the Nigeria Deposit Insurance Corporation (NDIC), Mr. Bello Hassan, has announced that the commission has disbursed 86 percent of the total insured… Read more »
August 19
Nigeria: Professionals to Brainstorm On Aircraft Insurance Premium At Chinet Conference
At the 4th CHINET Cargo Conference coming up on Thursday insurance experts may find solution to the complexity of underwriting, high premium and risk coverage of aircraft in… Read more »
Nigeria: Six Banks Surpass 2023 Performance, Generated N979.19bn Profit in H1 2024
Despite the tough operating clime, six banks that have so far released their results for the Half Year (H1) ended June 30, 2024, surpassed their 2023 performance, posting N979.19… Read more »
Nigeria: Finalists Emerge for Ecobank Fintech $50,000 Cash Prize Challenge
Ecobank, the pan-African Bank has announced 12 top finalists for the coveted $50,000 cash prize for its 2024 Ecobank Fintech Challenge. Read more »
August 15
Nigeria: Ogun Launches Formal Sector Health Insurance Scheme
Ogun State Government, yesterday, launched a health insurance scheme designed for the formal sector, comprising public servants and workers in the organised private sector, as part… Read more »
August 16
Nigeria: Nigerian Banks Reaping Fruits of IFRS Adoption - CBN Governor
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, yesterday said the Nigerian banking and financial system are currently reaping the fruits of the adoption of… Read more »
August 13
Nigeria: Bdan - Windfall Tax Huge Burden On Banks With Ongoing Recapitalisation
The Bank Directors Association of Nigeria (BDAN) has called on the federal government to reconsider the recently imposed 70 per cent windfall tax on profits generated from foreign… Read more »
Nigeria: Mary Udoffa, Joseph Jimoh Win Zenith Bank Masters
Mary Udoffa on Sunday emerged as the girl's singles champion of the Zenith Bank Next Generation Masters following a hard-fought title match against Etoro Bassey of the GEUF Academy… Read more »
Nigeria: Adaora - Zenith Bank to Experience Exponential Growth With N289.4bn Fresh Capital
Kayode Tokede Read more »
August 09
Nigeria: CBN Demands Transaction Evidence On All Divestments, Repatriation of Foreign Investments
The Central Bank of Nigeria (CBN), yesterday clarified that every divestment or repatriation of foreign investment, be it a pre-liquidation or matured investment, should present… Read more »
August 06
Nigeria: Why Are Banks Against Windfall Tax?
ETIM ETIM writes that the tax is not only excessive but retroactive Read more »
August 05
Nigeria: Experts - Aviation Insurance Responsible for Sector's Highest Claims, Premium Value
Ebere Nwoji Read more »
August 06
Nigeria: Windfall Tax Amid Industry Recapitalisation Will Break Banks - EFC Report
A new report has warned that implementing a windfall tax amid a Central Bank of Nigeria (CBN) mandated recapitalisation could "break the camel's back" for banks. Read more »
August 01
Africa: Seerbit - Unified Payment System Will Address Africa's Payment Challenges
SeerBit, a financial payment solution company has stressed the need for unified payment system across African countries, in order to ease trade and financial transactions. Read more »
Nigeria: Glo, Axa Mansard Health Launch Health Insurance Scheme
Globacom has launched the Glo Health Insurance package, an affordable micro-health insurance plan, offered in collaboration with AXA Mansard Health Insurance to provide access to… Read more »
Nigeria: Ecobank Group Declares N311bn Pat for H1 2024
The earnings of Ecobank Transnational Incorporated (ETI), a pan-African banking group, rose to the highest in at least nine years of N311 billion in the first half of 2024, about… Read more »
July 28
Nigeria: FG's New Tax Policy On Banks Will Boost National Revenue, Say CITN, Anan
The Chartered Institute of Taxation of Nigeria (CITN) and the Association of National Accountants of Nigeria (ANAN) have applauded the federal government for its recent decision to… Read more »
July 24
Nigeria: Driving Insurance Sector With Technology
Ebere Nwoji writes on how the National Insurance Commission is making effort to position insurance as a technology -driven sector Read more »
Nigeria: Heirs Life Boss Now NIA Governing Council Member
The Managing Director and Chief Executive Officer Heirs Life Assurance, Niyi Onifade, has been elected to the Governing Council of the Nigerian Insurers Association (NIA). Read more »
July 23
Nigeria: Analysts Urge CBN to Stimulate Growth As MPC Meets, Naccima Lists Effects of MPR Hike On Businesses
For the umpteenth time, analysts yesterday urged the Central Bank of Nigeria (CBN) to be wary of further hikes in the Monetary Policy Rate (MPR), the benchmark interest rate that… Read more »
Nigeria: Investors' Interest in Zenith Bank, 22 Others Lift Stock Market
Kayode Tokede Read more »
July 15
Nigeria: Amid Price Volatility, 10 Banks' Exposure to Oil & Gas Sector Rise to N12.08tn
Despite crude price volatility, a total of 10 banks' exposure to the Oil & gas sector stood at N12.08 trillion in 2023, representing about 80 per cent increase from N6.71… Read more »
July 03
Nigeria: Consolidated Hallmark Insurance Announces 589 Percent Growth in Profit
Consolidated Hallmark Insurance Plc has announced a Profit After Tax of N3.7billion for the year ended December 31, 2023 as against N547million earned in 2022, indicating a 589 per… Read more »
Nigeria: Unusual Pattern of Cash Dispensation
The continued scarcity of cash in banks' ATM raises serious concerns about the integrity of the banking system, writes Sonny Iroche Read more »