Nigerian Insurers Settle N4bn #EndSARS Claims       The Nigerian Insurers Association has said insurance companies have so far paid N4bn claims from the estimated losses from #EndSARS protests in October last year. The Chairman, NIA, Mr Ganiyu Musa, disclosed this during a virtual press briefing in Lagos...

NGX: Market Capitalisation Plunges Further By N167bn       The Nigerian Exchange Limited (NGX) extended bearish sentiment to three consecutive trading sessions yesterday, as more highly capitalised stocks depreciated in price. This resulted to a further slide in market capitalisation by N167 billion. The All-Share Index (ASI) decreased...

MTN Completes Issuance Of N110bn Bonds       MTN Nigeria Communications Plc said on Thursday that it had successfully completed the issuance of N110bn Series 1 seven-year 13 per cent Fixed Rate Bonds due 2028, under a N200bn bond programme to refinance existing debt and support network...

How We Enrolled 210,000 Nigerians On ICT Courses With 600 Interventions – Dr Pantami       Agencies under the Ministry of Communication and Digital Economy has enrolled over 210,000 Nigerians on Information and Communication Technology Courses and undertaken over 600 interventions to build the capacity of citizens...

CBN Extends Naira-4-dollar Deadline To Boost Remittances       The Central Bank of Nigeria has extended indefinitely its ‘Naira 4 dollar scheme’ earlier scheduled to end on May 8, 2021. It disclosed this on Thursday in a circular to all Deposit Money Banks, International Money Transfer Operators and...

NNPC Submits P/Harcourt Refinery To Contractor For Repair       The Nigerian National Petroleum Corporation (NNPC) yesterday handed over the Port Harcourt Refineries Companies (PHRC) to the contractor, Tecnimont SPA for its rehabilitation. The Group Managing Director, Malam Mele Kyari who disclosed this at the kick off meeting...