Agusto & Co. assigns ‘Bb‘rating to Nigerian insurance industry

Pan-African credit rating agency in Nigeria, Agusto & Co. has assigned a “Bb” rating to the Nigerian insurance industry in its newly published 2019 Nigerian Insurance Industry report. This rating was assigned based on the size and strategic importance of the industry in Nigeria, and its satisfactory capitalisation ratios. This is expected to further strengthen… Continue reading Agusto & Co. assigns ‘Bb‘rating to Nigerian insurance industry

The South African rand has been the world’s strongest currency against the dollar over the past three years.

The rand has gained more than 6% against the US dollar over the past three years – the best performance among major currencies worldwide. In truth, the currency started from a very low base: the Nenegate crisis in 2015. Its performance this year has not been stellar, but most experts expect it to remain below… Continue reading The South African rand has been the world’s strongest currency against the dollar over the past three years.

Kenyan Bank Set to Become Biggest African lender by Customer Numbers.

A merger between two Kenyans banks, expected to be completed in the second half of 2019 will create Africa’s biggest bank by customer numbers. The expected merger between Commercial Bank of Africa (CBA) associated with President Uhuru Kenyatta’s family and NIC Bank, a mid-two tier bank, affiliated to a Kenyan billionaire family with interests in… Continue reading Kenyan Bank Set to Become Biggest African lender by Customer Numbers.

Introverts Can Be Your Most Valuable Employees

Introverts can be the quiet powerhouses in your office. Introverts are mistakenly seen as people who are shy or do not enjoy social interactions.  Instead, introverts are simply people who relax by being by themselves.  They also tend to observe before acting.  Introverts have given us some of the most life-changing inventions, innovations and engineering… Continue reading Introverts Can Be Your Most Valuable Employees

2019 Nigerian Insurance Industry Outlook

Strict regulatory environment expected ·Recapitalisation, M&As underway ·Highly capitalized coys to crowd out others   INSURANCE operators in Nigeria are entering year 2019 with great optimism, hoping that the year will turn out better than 2018.  Operators expressed optimism that the federal government’s plan to embark on developmental projects in 2019 will boost activities in… Continue reading 2019 Nigerian Insurance Industry Outlook

London Stock Exchange Selects LADOL As Inspiring Company In 2019

Lagos Deep Offshore Logistic Base, LADOL has been selected by London Stock Exchange (LSE) as one of its companies to Inspire in Africa 2019. The report by the LSE was launched on Wednesday at the opening of the market in London at the LSE, according to a statement yesterday. Dr. Amy Jadesimi, Managing Director of… Continue reading London Stock Exchange Selects LADOL As Inspiring Company In 2019

Nigerian National Petroleum Corporation (NNPC), Dept. of Petroleum Resources (DPR), stakeholders mull new measures to sanitise Nigerian oil sector

Stakeholders in Nigeria’s oil and gas sector yesterday in Abuja, called for collaborative measures to end sharp practices that could undermine safety of lives, investments and properties in the country. The Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, Chairman, House of Representatives Committee on Petroleum (Downstream), Joseph Akinlaja, Director, Department… Continue reading Nigerian National Petroleum Corporation (NNPC), Dept. of Petroleum Resources (DPR), stakeholders mull new measures to sanitise Nigerian oil sector