Beneficial’s risk-adjusted capitalisation was strongest level as of 31 March. New Zealand-based Beneficial Insurance Limited (New Zealand) held an adequate balance sheet strength, strong operating performance,...
However, future loss ratios are expected to rise. AM Best expects Quest Insurance Group’s (New Zealand) risk-adjusted capitalisation to stay at least at a very strong...
Guaranty Trust Bank (GTBank) has announced that it “successfully transitioned” to a new and advanced Finacle Core Banking Application System. The bank made this known via an...
The Lagos Rail Mass Transit Red Line’s first phase, spanning 27 kilometers from Oyingbo to Agbado in Ogun State, is set to commence full fee-paying...
A peace agreement has been reached between the Nigerian National Petroleum Company Limited (NNPCL) and independent oil marketers, following a mediation led by the Director...
A new bill has been introduced in Nigeria that will require individuals to present a Tax Identification Number (TIN) when opening or operating bank accounts,...
The Nigerian government has announced that petroleum marketers can now purchase Premium Motor Spirit(Petrol) directly from Dangote Refinery. The Minister of Finance, Wale Edun and Chairman...
Low-cost airline Ryanair is stopping all flights to three minor German airports and also cutting its operations in Hamburg by more than half. It blamed the...
Asian markets tracked a record day on Wall Street Thursday, with Shanghai and Hong Kong supported by a Chinese central bank move to boost liquidity for...
Petroleum marketers have said that President Bola Tinubu adopted the advice of Aliko Dangote, President of Dangote Group, in implementing the total removal of petrol subsidy....
