Leadership of the Senate on Thursday met with officials of the World Bank on how to ensure proper utilisation of loans obtained by state government from the global lender. The Majority Leader of the Senate, Senator Ahmad Lawan, after emerging from the closed-door meeting, told journalists that the World Bank was interested in the judicious use of loans granted by …

Read More »

The Commissioner for Insurance, Alhaji Mohammed Kari, has said that the National Insurance Commission has refused to issue new operational licences to insurance firms because it is better for the industry to embrace consolidation than to start new companies. Kari spoke during the Annual Insurance Professional Forum of the Chartered Insurance Institute of Nigeria with the theme: ‘Solvency, stability and …

Read More »

The Nigerian Stock Exchange (NSE) has listed Ekocorp, Thomas Wyatt and Africa Alliance Insurance Plc leading the N372.5 million fine over inability to meet the Exchange regulatory requirements. The Exchange imposed a fine of N372.5 million on 30 listed companies for inability to file in their financial statements ranging between full year ended December 31, 2014 and second quarter ended …

Read More »

30 Ecobank Nigeria customers have been rewarded with 15% of their monthly contribution in their Target Savings Account with the Bank. The lucky winners emerged from the first draw of the Ecobank Target Savings promo which started in August. The winners include Garba Suleiman Dalha of Kano – Bello Road branch; Nduonyi Sunday Matthew of Apapa-Warehouse Road branch in Lagos; …

Read More »

Experts have said that getting regular good nights of sleep is far higher, better and capable of making us happy than if employers give a 50 percent pay raise! Apparently, a good night’s sleep makes us happier than a 50 percent pay raise, the researchers conclude. Getting decent rest was found to be the strongest indicator of well-being, followed by …

Read More »

President Muhammadu Buhari will spend four days in London, Femi Adesina, his spokesman, has told BBC. Buhari returned to London on Thursday after attending the United Nations general assembly (UNGA) in New York. “He will be in the UK until Monday next week,” Adesina told BBC Hausa. “He will be in the UK until Monday next week,” Adesina told BBC …

Read More »

Jose Mourinho praised French winger Anthony Martial on Friday for his improved attitude and on-field performances in Manchester United’s strong start to the season. The 21-year-old struggled to convince Mourinho during his first season in charge at Old Trafford but he has convincingly played his way back into the manager’s plans this term. The Frenchman has scored four goals already …

Read More »

Neymar was named alongside Cristiano Ronaldo and Lionel Messi on the three-man shortlist for the Best FIFA Men’s Player Award, which was announced in London on Friday. Brazil superstar Neymar, 25, won the Copa del Rey with Barcelona last season before joining Paris Saint-Germain in a blockbuster 222 million euros ($266 million) move that smashed the world transfer record. Ronaldo, …

Read More »

Folake Sokoya The Inspector-General of Police, Ibrahim Idris has appealed to President Muhammadu Buhari to approve a yearly recruitment of 31,000 policemen for the next five years. This he said would enable Nigeria meet the United Nation’s (UN) requirement numbers on policing in every nation. The IGP, represented by Deputy-Inspector General of Police (DIG) Foluso Adebanjo, Supervising Officer in Charge …

Read More »

Oil prices were largely up yesterday as traders waited to see whether oil- producing countries set to meet in Vienna, Austria would extend production limits to reduce the global crude glut. The brent crude was trading at $56.29 dollars a barrel. U.S. crude was 50.64 dollars. Ministers from the Organisation of Petroleum Exporting Countries (OPEC), Russia and other producers will …

Read More »