The Asset Management Corporation of Nigeria (AMCON) says it has taken over the major interests in NICON Insurance Limited and the Nigeria Reinsurance Corporation (Nigeria Re). The asset management corporation…
Read More AMCON takes over Jimoh Ibrahim,s NICON Insurance, Nigeria Reinsurance CorporationCategory: Business
Buhari signs N982.72bn supplementary budget for security, COVID-19
President Muhammadu Buhari has assented to the 2021 Supplementary Appropriation Bill submitted to the National Assembly in June. Mr Umar El-Yakub, the Senior Special Assistant to the President on National…
Read More Buhari signs N982.72bn supplementary budget for security, COVID-19CBN dismisses distress alert on Zenith Bank
By our reporter/ Ahead of the Monetary Policy Committee (MPC) meeting of the Central Bank of Nigeria (CBN) starting on Monday July 26, the financial regulator on Saturday reiterated the…
Read More CBN dismisses distress alert on Zenith BankNigeria experiencing worst unemployment crisis – World Bank report
A report by the World Bank suggests that Nigeria’s unemployment crisis in recent times is the worst in the nation’s history. The report, which raised an alarm over the nation’s…
Read More Nigeria experiencing worst unemployment crisis – World Bank reportCBN to launch own digital currency October 1
By our reporter/ The Central Bank of Nigeria (CBN) on Thursday said it will launch the pilot scheme of its digital currency by October 1, 2021. The apex Bank which…
Read More CBN to launch own digital currency October 1
