Category: Business

NAICOM meets insurance firms over 2012 financials today

The continued delay by some insurance companies in the submission of their 2012 audited International Financial Reporting Standards (IFRS) based accounts to National Insurance Commission (NAICOM) has become a concern to the commission. Worried...

Corruption: FG to withdraw auditors from MDAs

In a bid to ensure accountability and transparency in the auditing process, the Federal Government has concluded arrangements to move all the auditors attached to Ministries, Departments and Agencies (MDAs) to the Audit House....

Conoil suffers profit drop, offers N1.00 dividend

Petroleum product marketing giant, Conoil Plc, on Monday presented its audited financials for the year ended December 31, 2012, offering a dividend of 100 kobo per share, down from previous year’s 250 kobo per...

N220b MSME fund: CBN to disburse at 9% interest

As a means of strengthening the link between entrepreneurship and access to financial services, the Central Bank of Nigeria, (CBN) has announced that the N220 billion Micro, Small and Medium Enterprises (MSMEs) fund would...