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SepThe equity market on Friday closed on a bearish note as the All Share Index depreciated by 0.13% to settle at 49,475.42 points from the previous close of 49,540.48 points. The Market Capitalisation declined by 0.13% to close at N26.686 trillion from the previous close of N26.721 trillion, thereby shedding N35 billion. An aggregate of 107.5 million […]
16
SepThe World Bank Group has warned the Central Bank of Nigeria (CBN), and other central banks across the world on the possibility of global economic recession, following simultaneous hike of interest rates. In a report tilted: Risk of Global Recession in 2023 Rises Amid Simultaneous Rate Hikes, World Bank Group President David Malpass, said that central banks’[…]
16
SepThe Commissioner for Insurance, Mr. Olorundare Sunday Thomas has frowned at the records and statistics of unpaid claims associated with some insurance companies. Speaking at the 2022 Edition of the Chartered Insurance Institute of Nigeria’s Professional Forum, held in Abeokuta, Ogun State, Mr Sunday said the Commission is doing all it could within the ambit of[…]
