By Nike Popoola The Group Managing Director, Mutual Benefits Assurance Plc, Mr. Akin Ogunbiyi, has said that if the industry embraces a unified means of underwriting the compulsory insurance policies, the sector will earn N3tn from the products. Ogunbiyi spoke to our correspondent in an exclusive interview, after leading about […]

By Stanley Opara Analysts at Financial Derivatives Company Limited have said the increase in the Monetary Policy Rate by the Central Bank of Nigeria may not be adequate to control the prevailing inflationary pressure in the country. The MPR is the anchor rate at which the CBN lends to Deposit […]

By Agency Reporter The naira weakened further against the United States dollar on the interbank market on Wednesday as strong demand for the greenback persisted in the face of static supply, traders said. The naira closed at N153.80 to the dollar against N153.54 on the previous day as the Central […]