N’Assembly to Transmit Not-Too-Young-To-Run Bill, 11 Others for Presidential Assent
The National Assembly has resolved to transmit the Not-Too-Young-To-Run bill and 11 other Constitution Alteration bills which have satisfied the provisions of Section 9(2) of the 1999 constitution to President Muhammadu Buhari for assent.
AIICO Insurance Announces N32.1 Billion Gross Premium in 2017: AIICO Insurance Plc, has announced its financial results for the year ended December 31, 2017, showing growth in its gross premiums to N32.1 billion from N27.06 billion reported in 2016.
Nigeria’s economy to grow by 2.1 percent, says IMF
Nigeria’s economy which grew by 0.8 percent in 2017 will end this year, with a 2.1 percent growth, the International Monetary Fund (IMF) has predicted.
UBA projects 50% profit contributions by subsidiaries
United Bank for Africa (UBA) Plc expects its operations in 18 other African countries to account for half of its earnings over the next three years, its Chief Financial Officer Ugochukwu Nwaghodoh has said.
Bargain hunting propels N63bn gains in equities market
Activity on the Nigerian Stock Exchange, NSE, closed upbeat Tuesday as investors recorded N63 billion gains on their investment following bargain hunting across the major sectors.
NNPC still faced with funding constraint – Baru
Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Mr. Maikanti Baru, has stated that funding remained a major constraint to the corporation.
Banks fail to remit N74.1bn govt revenues –RMAFC
Ongoing probe of banks that are collecting revenues for the government has shown that the lenders failed to remit N74.1bn into the Federation Account between July 2012 and December 2015.