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Senate In Talks With CBN On Offshore Banking Licence

Senate In Talks With CBN On Offshore Banking Licence       The Senate Committee on Trade, Industry and Investment has promised to ensure that the Central Bank of Nigeria grants the permit for the establishment of offshore banks to free trade zone operators and businesses. The committee said...

Over 80% Of Top Insurers Take Business Offshore — NAICOM

Over 80% Of Top Insurers Take Business Offshore — NAICOM Over 80 percent of big ticket risks underwritten by Nigerian insurers are exported for offshore underwriting due to inadequate capacity. NAICOM According to the National Insurance Commission, NAICOM, the top players in Nigeria refuse to...

Oil Majors Delay Investment On $23.5b Offshore Projects

Oil Majors Delay Investment On $23.5b Offshore Projects   International Oil Companies (IOCs) operating in Nigeria may have devised means to compel the Federal Government into changing its fiscal policy on the Petroleum Industry Governance Bill (PIGB). The Guardian learnt the IOCs have deliberately put on hold...