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Insurance Companies Collect N729.1bn Premium in First Three Quarters of 2023
Insurance companies collected N729.1 billion as premium in the first three quarters of 2023, an increase of N196 billion over the N532.7 billion collected in the first three quarters of 2022.
Experts Applaud CBN Over Planned Recapitalisation of Banks
Two financial experts have commended the Central Bank of Nigeria (CBN) for its plan to further recapitalise Deposit Money Banks (DMBs) in the country.
43 Items Not Totally Banned, Clarifies Cardoso
The Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, has clarified that the 43 items were never explicitly prohibited from importation or sale in Nigeria.
CBN Plans New Round of Recapitalisation for Banks
The Central Bank of Nigeria (CBN) says it is planning to implement a new round of banking recapitalisation for the Deposit Money Banks (DMBs).
Short-Term Interest Rates Spike as Banks Take Excess Funds to CBN
Short-term benchmark interest rates rose to double-digit highs as the liquidity profile in the financial markets weakened further. There have been renewed pressures on liquidity in the financial system, worsened by debits for primary market auctions.
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S`East Boxing Championship: We`re Hosting to Win, Coach Says
Enugu State Boxing coach, Blaise Ude has assured the state of a good outing at the upcoming two-day 2023 South East Boxing championship scheduled for Friday and Saturday in Enugu.
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NiMet Predicts 3-day Sunshine, Haziness from Wednesday
The Nigerian Meteorological Agency (NiMet) has predicted sunshine and haziness from Wednesday to Friday across the country.
EFCC Arraigns Man Over Alleged $63,590 Fraud
Economic and Financial Crimes Commission (EFCC), Lagos Command, on Wednesday, arraigned one Abdulhamid Isah before an Ikeja High Court over alleged $63,599 fraud.
Major Revenue From Customs Comes From South West — Reps c’tte
The House of Representatives Committee on Customs and Excuse, says the South West region produces the majority of revenue coming from the Nigeria Customs Service (NCS).
S`East Boxing Championship: We`re Hosting to Win, Coach Says
Enugu State Boxing coach, Blaise Ude has assured the state of a good outing at the upcoming two-day 2023 South East Boxing championship scheduled for Friday and Saturday in Enugu.