Author: InvestAdvocate

Nigerian president sacks nine ministers in reshuffle

Nigerian President Goodluck Jonathan has sacked nine ministers in his first major cabinet reshuffle since winning an election more than two years ago, a presidency spokesman said on Wednesday. The dismissals come less than two weeks after ruling party governors and a former presidential candidate formed a splinter group opposed […]

Oteh: Micro-insurance Critical for Economic Transformation

The Director General, Securities and Exchange Commission (SEC), Ms. Arunma Oteh, Tuesday described the provision of micro-insurance products as critical for the country’s development. Speaking in Abuja at the opening of the International Micro-insurance Conference organised by the National Insurance Commission (NAICOM) in collaboration with its development partners, she said […]

Bank Deposits in Nigeria, Others to Hit $1.1tn by 2020

The Joint Chief Executive Officer, Standard Bank Group, Mr. Ben Kruger,has said despite the challenges facing the banking sector in Africa, the banking industry in 16 key African economies will expand 1.5 times faster than GDP by 2020. Kruger, who made this known at the just-concluded Standard Bank Africa Media […]