By Nike Popoola The National Insurance Commission has refuted reports that the commission will return the 2010 financial reports of insurance companies that fail to meet the International Financial Reporting Standards. The Technical Director, Finance, NAICOM, Mr. George Onekhena, was said to have disclosed this “in an interview with the […]

By Ademola Alawiye Following the increase in the inflation rate, the Central Bank of Nigeria has announced that it plans to auction N76.73bn in 91,182 and 364-day treasury bills next Wednesday to control inflation. According to information from the apex bank, CBN will auction N30bn in 91-day bills and N46.73bn […]

By Bolaji Solagbade with agency report The naira will be strengthening in the coming week on dollar flows from the energy sector, currency dealers have said. They added that apart from the naira strengthening on expectations of large dollar inflows from energy companies, the conclusion of the presidential elections that […]