Business & Economy

Nigerian Breweries Plc has declared a bonus of 1 (one) share for every 4 (four) shares held by shareholders recorded in the Register of Members at the close of business on Tuesday, 6th December, 2022. The bonus shares with a value of N1.03 billion, will be issued from the Company’s Share Premium Account, which based on the […]

The United Kingdom (UK) has launched $100million direct funding for women owned enterprises in the country. The fund is aimed at women empowerment. British High Commissioner to Nigeria, Ms. Catriona Laing also said the UK has supported 1.4 million additional girls educationally in the North-Eastern part of the country. According to Laing, “The UK has three areas focusing on Gender.[…]

The National Insurance Commission (NAICOM) has expressed worry over the disturbing issues of claims default to policyholders. The insurance regulator had in June this year canceled the licences of Niger Insurance Plc and Standard Alliance Insurance Plc over inability to carry out their primary responsibility of claims payment and other irregularities. Deputy Commissioner for Insurance, Alhaji Sabiu Abubakar recently[…]