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NDIC Management Pays Condolence Visit To Late Herbert Igwe’s Family

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NDIC Executive Management delegation led by MD/CE, Mr. Bello Hassan (4th left); Executive Director (Operations), Mr. Mustapha Ibrahim (2nd left); and Executive Director (Corporate Services), Mrs Emily Osuji (3rd left) during the condolence visit to Elder Shyngle Wigwe and Mama Stella Wigwe, parents of late Access Bank MD/CEO, Dr. Herbert Wigwe, recently

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Japan To Invest $30Bn In Nigeria, Other African Countries

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The Japanese Government has announced plans to boost cooperation with Nigeria and other Sub-Saharan African (SSA) countries by investing about $30 billion in Nigeria and others between now and year 2025. The Japanese Ambassador to Nigeria, Mr. Matsunaga Kazuyoshi, made this disclosure at an event organized by the Japanese Embassy to commemorate the 63rd birthday […]

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FG Introduces Fiscal Incentives To Boost Oil & Gas Sector’s Performance

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    ….Targets $10Bn Foreign Direct Investment The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has signed the Consolidated Guidelines for the implementation of Fiscal Incentives for the Oil & Gas Sector – a key component of the Federal Government’s fiscal reforms agenda aimed at enhancing the performance  of the […]

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Saudi Re Targets Expansion With 50% Capital Increase

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The Board of Directors of Saudi Re, the first reinsurance company established in Saudi Arabia, has recommended a 50% increase in the company’s capital to SAR 1.336 billion (approx. USD 356m) through a rights issue. A news report by Reinsurance News indicated that currently, Saudi Re’s capital stood at SAR 891 million (approx. USD 238m) […]

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