The African Development Bank Group has approved a loan of $500m to the Federal Government to finance the first phase of the Economic Governance and Energy Transition Support Programme. …
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NGX: #EndBadGovernance protests impact equities market as investors lose N235bn
The Nigerian equities market felt the impact of the #EndBadGovernance protests on Thursday as investors lost N235 billion at the close of the day’s trading. This followed the dip in …
Read More »AXA Mansard highlights climate change threat
AXA Mansard has stated the urgent need for increased efforts to check against the impacts of climate change posing a threat to humanity. In a statement issued by AXA …
Read More »Old Mutual rebrands to emPLE
Old Mutual Nigeria Life Assurance Company Limited and Old Mutual General Insurance Company Nigeria Limited have announced a rebranding and name change to emPLE Life Assurance Limited and emPLE …
Read More »Nestle empowers 10 graduates
Nestle Nigeria Plc has graduated 10 youths from its Technical Training Centre, reaffirming its commitment to youth empowerment and skills development in Nigeria. Nestle Nigeria’s outgoing Factory Manager, Ibukun-Olu …
Read More »Bastion urges actuaries to promote transparency
Bastion Health has called on actuaries to champion transparency and foster industrial collaboration to enhance the insurance and pension sector. In a statement made available to our correspondent, the …
Read More »Equity market loss extends to third consecutive day
The Nigerian Exchange continued its bearish trend for the third consecutive day this week, as investors lost N32bn due to losses suffered by Berger, Cutix, and Nigerian Aviation Handling …
Read More »Flour Mills declares N763bn revenue
Flour Mills of Nigeria Plc has grown revenue by 67 per cent to N763.2bn in the first quarter ended June 30, 2024, from the N456.4bn recorded in the same …
Read More »FG to spend $7.2bn on two deep seaport projects
The Federal Government might be spending about $7.2bn to complete two approved deep seaports across the country. The projects are Ibom, Badagry, and Deep Seaports. In December 2020, the …
Read More »Shipping firm promotes movement of agro-products by rail
Determined to boost cargo movement by rail, COSCO Shipping Company has moved agricultural produce from Kano to the Lagos Port Complex Apapa by rail for export. In a statement …
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