Author: Business Journal

Mutual Benefits Assurance Celebrates 22nd Anniversary

Mutual Benefits Assurance Group last weekend celebrated its 22nd anniversary at a colourful event in Lagos. Dr. Akin Ogunbiyi, Chairman, Mutual Benefits Assurance Group, described the annual thanksgiving as the most important event for the company as a corporate institution. He said the event which is held annually is designed to appreciate God for his wonders towards the company since inception. Mr. Segun Omosehin, the Managing Director of the Group said the thanksgiving is a day set aside by the company to give praises to God for his support towards the organization. “We appreciate our various stakeholders for honouring...

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NSE Records N1.27tr Market Turnover in 2017

L – R: Tony Ibeziako, Ag. Head, Listings Business Division, The Nigerian Stock Exchange (NSE); Bola Adeeko, Head, Shared Services Division, NSE; Oscar N. Onyema, Chief Executive Officer, NSE; Tinuade Awe, Executive Director, Regulation, NSE and Ade Ewuosho, Ag. Head, Trading Business Division, NSE during the presentation of 2017 Market Recap & Outlook for 2018 at the Exchange. The Nigerian Stock Exchange (NSE) held its 2017 Market Recap & Outlook for 2018  Lagos. This annual event is a forum for the Chief Executive Officer of NSE, Mr. Oscar N. Onyema, to brief the stockbroking community, analysts, media and other...

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Africa, ME ICT Industry Meets in Dubai for ‘IDC Directions 2018’

The most influential technology vendors, telecommunications operators, and IT service providers from across the Middle East, Turkey, and Africa (META) will gather in Dubai this week as International Data Corporation (IDC) hosts ‘IDC Directions 2018’, an event specially tailored for the region’s leading ICT players to explore the challenges and opportunities that lie in wait for the coming 12 months. Taking place at The Address Dubai Marina on Tuesday, January 23, ‘IDC Directions 2018’ has been designed to provide senior executives, regional leaders, and strategists from across the ICT industry with a unique platform for engaging with respected global...

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Corruption: A Burden on Nigerian Businesses—Allianz Report

The Allianz Risk Barometer 2018 report reveals theft, fraud and corruption as the top risk in Nigeria with 38% of responses, up from #4 in 2017. Market developments remains unchanged at #2 at 36% of responses and changes in legislation & regulation also remains unmoved at #3 with 33% of responses. Fire, explosion and power blackouts(both #7 with 16% of responses) emerged as two new risks in the top 10. Cyber incidents remains at #5 at 29%, political risks and violence is unmoved at #6 with 24%, macroeconomic developments is #4 at 31% of responses down from #1 in 2017, business interruption moves down slightly from #8 to #9 with 16% responses and new technologies maintains the 10th position at 11%....

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AMCON Donation to IDPs Wins USAID-ECR Award

R-L: Senior Vice President, Creative Associates International USA, Mr. Earl Gast; Head, Corporate Communications, Asset Management Corporation of Nigeria (AMCON), Mr. Jude Nwauzor; Senior Associate, Creative Associates International USA, Mrs. Susan Ayari; Technical Manager, Creative Associates International USA, Mr. Jake Thomsen; Head, General Support Services, AMCON, Mr. Usman Abubakar and Project Director, USAID-Nigeria Education Crisis Response Project, Mr. Ayo Oladini at the Close-out-Ceremony of the programme in Maiduguri, Borno State…recently. AMCON earlier donated relief materials to IDPs in some affected northeastern states in the course of the programme. The Asset Management Corporation of Nigeria (AMCON) during the week received...

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