First Bank Insurance Plc’s underwriting profit surges 45.16 percent to end 2016 financial year on a high amid a volatile and tough operating environment as the Nigerian insurer continues to benefit from its diversified product base. For the year ended December 2016, First Bank Insurance’s underwriting profit moved to N4.01 billion from N2.76 billion as…
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Bureau De Change Operators see bank charges as a challenge to their operations, Aminu Gwadabe, president Association of Bureau De Change Operators of Nigeria (ABCON) speaks on foreign exchange stability and other issues in this interview with Hope Moses-Ashike. Excerpt. What was the role of BDCs in the achievement of forex stability? A BDC is defined…
Nigeria yesterday signed a joint declaration on economic cooperation with the European Free Trade Association (EFTA) in Buenos Aires, Argentina. The economic cooperation will allow Nigeria and Europe to work on a framework that facilitates increased trade and investment flows. This is coming on the heels of opposition of the Economic Partnership Agreement (EPA) by…