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AgricultureMoney

ETC Receives $300 Million Afrexim Bank Facility for Agricultural Trade

The African Export-Import Bank (Afreximbank) has signed a three-year $300 million revolving global credit facility agreement to provide financing to Export Trading Company...

Money

CBN Amends Dividend Pay-Out Policy For Banks

Prior to this guideline, most banks adopted an aggressive dividend policy, partly to shore up their share price and secondly to splash cash...

BusinessMoney

House Committee On Banking & Currency Pays Surprise Visit To Arik Air

The Chairman of House of Representatives Committee on Banking and Currency, Hon. Sir Jones Chukwudi Onyereri has commended the present management of Arik...

Money

Weaker Dollar, Higher US Interest Rates, a Dilemma for a Central Bank With No Quorum

Who needs an MPC after 19 months of status quo? The MPC is like the boy who cried ‘Wolf!’, till he lost credibility...

Money

Forex: CBN Boosts Retail SMI’s with $321.4m

The Central Bank of Nigeria (CBN) has again intervened in the Retail Secondary Market Intervention Sales (SMIS) to the tune of $321.4 million....

Pension

Pensioners Write PenCom, Demand Payment of 2017 Retirement Benefits

Federal Government Pensioners, who are under the Contributory Pension Scheme(CPS) has written to the National Pension Commission(PenCom) demanding for the payment of pension...

Pension

Addressing Regulatory Challenges Of Pension Industry

Key initiatives conceived to propel the pension industry to lofty heights have in recent times been stalled by the laxity exhibited by the...

Pension

PenCom Struggles With Micro Pension Initiative – Fails to Release Guidelines

In spite huge funds expended on the micro pension initiative by the National Pension Commission (PenCom), there are indictions that the scheme which...

Insurance World

Dangote Pays N5b Premium to Insurers in 2016 – As Insurers Fail to Settle Over N400million Claims

BY NKECHI NAECHE—-Dangote Group yesterday said it has paid a total of N5 billion as insurance premium in 2016 to insurance companies that...

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