Wednesday, August 4, 2021

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Automobile Insurance: Compare, Buy or Renew Car Insurance Online

What is Automobile Insurance? Automobile Insurance: Compare, Buy or Renew Car Insurance Online: Automobile insurance (Car Insurance), also known as auto or vehicle insurance, is insurance for cars, trucks, taxis, and other four-wheelers. The...

China to inject $174 billion of liquidity on Monday as markets reopen

China’s central bank said it will inject 1.2 trillion yuan ($174 billion) worth of liquidity into the markets via reverse repo operations on Monday as its stock markets prepare to reopen amid an outbreak of a new coronavirus.

We won‘t sign minimum wage agreement that ‘ll lead to retrenchment…

Labour leaders during the rally to create awareness on the new Minimum Wage for workers organised by the Nigeria Labour Congress The Nigeria Labour Congress (NLC) in Ondo State says the organised labour will not sign any new minimum wage...

Presidency explains Finance Act 2019

The presidency had made public the breakdown of Finance Bill, 2019, which was submitted to the National Assembly by President Muhammadu Buhari alongside the 2020 Appropriation Bill, and signed into law by the president on Jan. 13, 2020.

Banks weigh options for meeting the new LDR threshold

Deposit money banks are reassessing their strategy to meet the new minimum Loan-to-Deposit Ratio, LDR, of 65 percent prescribed by the Central Bank of Nigeria, CBN, mid last year. This followed the insistence of the apex bank in ensuring the...

C & I Leasing N3.2bn rights issue closes today

C & I Leasing Plc Rights Issue of N3.2 billion will close today, Monday, January 13, 2020, following the extension period granted the company by the Securities and Exchange Commission (SEC). The SEC had granted C&I Leasing Plc a...

BUA Cement shares up 6.63% to N41 per share

THE shares of BUA Cement Plc rose again by 6.64 percent on Friday, a day after its listing on the Nigerian Stock Exchange (NSE) following buy interest from investors. The stock, which was listed at N35 per share, rose...

Banker advocates millennial focused cross generational workplace

A BANKER and the Convener of the Employee Marketplace (EMP) Initiative, Mr. Nduneche Ezurike, has called on organisations to embrace millennial focussed cross generational workplace. NBC trains 16,000 youth entrepreneurs He stressed that this becomes imperative in...

ABCON cautions FG on France involvement in ECO currency

Association of Bureaux De Change Operators of Nigeria (ABCON) has advised the Federal Government to be wary of the involvement of France in the Eco currency project. NGO, CBN inaugurate 10,000 hectares oil-palm plantation in Kogi Giving...

N479.9bn inflow to boost interbank liquidity

Naira appreciates as external reserves decline to $38.289bn THE interbank money market will this week receive liquidity boost of N479.9 billion from matured treasury bills, hence expectation of decline in cost of funds. 2020: Money market instruments to account for chunk...

How investors purchased N19trn treasury bills in 2019

…OMO TBs dominate by 85% INVESTORS purchased N19 trillion worth of treasury bills (TBs) in 2019, with Open Market Operations (OMO) bills accounting for 85 percent of the purchase. This, however, represents 25 percent decline, year-on-year, y/y), when compared with N37.9 trillion...

CIS seeks overhauling of financial system to attract growth, development

CHARTERED Institute of Stockbrokers (CIS) has called for the overhauling of the nation’s financial system to attract more growth and development in the economy. Certificate no longer enough, world of work requires skills ― UI VC Besides, the...

Ecobank unveils N70bn agric financing scheme

…To host agribusiness summit ECOBANK Nigeria has announced an Agriculture Businesses Finance Scheme where it plans to disburse additional loan of N70 billion for practitioners in different value chains of agriculture within the next two years. This announcement is coming...

Allow private sector to do more — CIBN boss charges FG

PRESIDENT/Chairman of Council, Chartered Institute of Bankers’ of Nigeria (CIBN), Dr. Uche Olowu has called on the federal government to allow increased private sector participation in the development of the country. LCCI releases 2019 Economic Review, outlook for 2020

Equity investors record N2.17trn gains in one week

…Operators project further rally EQUITY investors recorded a whooping N2.17 trillion gains last week following renewed interest and search for higher yields. This comes as investment analysts said that the rally seen in the equities market would continue to the...

Ecobank opens up financing scheme, to host Nigeria’s biggest Agric-Business, food summit

Ecobank Nigeria has announced an Agriculture Businesses Finance Scheme where it plans to disburse additional loan of N70 Billion for practitioners in different value chains of Agriculture within the next two years. This announcement is coming just as...

Re: Nigeria in dire need of salvation

RIGHT OF REPLY I READ the brilliant article in the NewsLodge Newspaper of January 6, 2020 titled: “Nigeria in Dire Need of Salvation” by my friend of over 20 years, Augustine Okhiria Agbonsuremi, a seasoned and fearless...

Budgeting apps a good way to achieve financial resolutions

It’s five days into the new year, how are those financial resolutions coming?  A way to jump-start those goals is to grab a smartphone and download a budgeting app for a quick “reckoning,” said Lauren Silbert, general manager of...

Notore draws N13.32 billion facility from Afrexim Bank

NOTORE Chemical Industries Plc, has drawn down a N13.32 billion facility from the African Export-Import Bank (Afreximbank) for a Turn-Around Maintenance (TAM) programme to achieve nameplate capacity of its plant in 2020. This was disclosed in...

Factors that will determine Nigeria’s economy in 2020 — Rewane

In this interview, Bismarck Rewane,  a member of the Presidential  Economic Advisory Council, and Managing Director/Chief Executive Officer, Financial Derivatives, projects that Nigeria will likely achieve a higher economic growth of 2.3 percent in 2020. He, however stressed that...
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Christian Eriksen finally returns to Inter Milan

Inter Milan midfielder Christian Eriksen has finally returned to the club for the first time since his collapse in the recently concluded Euro 2020. Sports...

Plateau Senator Condemns Relentless Attack on Communities

Senator Dame Nora Daduut, representing the Plateau South Senate District, has condemned the endless attacks on some communities in Plateau State that resulted in...

UNIBEN announces resume date for 2021 session

The University of Benin (UNIBEN) has announced its resume dates for the 2020/2021 academic session. The institution's Public Relations Officer, Dr. Benedicta Ehanire, in a...

Congress: I am committed to the unity, stability of APC – Oyetola

Osun State Governor Gboyega Oyetola has called for greater dedication to the unity of the All Progressives Congress (APC) from party members and stakeholders...
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Christian Eriksen finally returns to Inter Milan

Inter Milan midfielder Christian Eriksen has finally returned to the club for the first time since his collapse in the recently concluded Euro 2020. Sports...

Plateau Senator Condemns Relentless Attack on Communities

Senator Dame Nora Daduut, representing the Plateau South Senate District, has condemned the endless attacks on some communities in Plateau State that resulted in...

UNIBEN announces resume date for 2021 session

The University of Benin (UNIBEN) has announced its resume dates for the 2020/2021 academic session. The institution's Public Relations Officer, Dr. Benedicta Ehanire, in a...

Congress: I am committed to the unity, stability of APC – Oyetola

Osun State Governor Gboyega Oyetola has called for greater dedication to the unity of the All Progressives Congress (APC) from party members and stakeholders...
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