DailyrecordNg …Nigeria's hottest news blog

Amidst the raging intra-party squabble rocking the All Progressives Congress (APC) in Imo State, Governor Rochas Okorocha on Tuesday insisted that he was still in charge of the party and that he had not lost its structure to the opposition – the Coalition Alliance. Governor Okorocha, however, indicated that he …

The National Association of Nigerian Students (NANS) has applauded President Muhammadu Buhari for agreeing to deepen democracy by signing the `Not-Too-Young-To-Run’ Bill. NANS said that President Buhari has demonstrated that he is a listening President and father who has the betterment of the youths at heart. “Nigerian students will continue …

A Federal High Court sitting in Lagos has ordered President Muhammadu Buhari to “urgently instruct security and anti-corruption agencies to forward to him reports of their investigations into allegations of padding and stealing of some N481 billion from the 2016 budget by some principal officers of the National Assembly.” The …

Describing measures taken by the National Pension Commission (PENCOM) to sustain growth of the Nigerian pension industry as apt, Stanbic IBTC Pension Managers Limited has said the micro pension scheme, multi-fund investment structure and Pension account transfer window, to mention but a few, are among initiatives capable of putting the …

AFRICAN insurers’ lose about N1.78 billion ($5 million) annually in premiums transferred to reinsurance companies abroad. According to a special report obtained by Financial Vanguard on confidential basis, and data from African Insurance Organisation (AIO), the losses are stated as 19.7 percent of their non-life business and 2.5 percent of …

Following accusations and counter-accusations between the presidency and former presidents, Olusegun Obasanjo and Goodluck Jonathan over the $16 billion  power project, Chairman of the National Action Council, NAC, Dr. Olapade Agoro, yesterday, challenged the three leaders to stop the blame-game and explain their roles in series of mismanaged funds since …

After many years in the doldrums and following its most recent acquisition by Sigma Golf – Riverbank consortium, the moves by the new management team at Keystone Bank Limited has begun yielding fruits.   The Bank for the quarter ended March 2018 recorded a profit before tax of N3.72bn, compared …

  Heritage Bank Plc has once again proven to be Nigeria’s most innovative banking service provider, as Institute for Tourism Professionals, organisers of the National Tourism Transport Summit and Expo 2018 (NTTS), crowned Heritage Bank the best “Financial Institution, for Outstanding Support for Tourism.” The award, according to the organizers, …

Stanbic IBTC Bank PLC, has emerged winner of the Gold Prize at the 2017 edition of Deutsche Bank Awards for Excellence in Cash Management and Trade Finance in Nigeria. This is the second time the bank is being awarded as the top performer in this category. The category tagged Straight-Through Processing (STP) …

– LAUNCHES ‘READ AFRICA’ INITIATIVE IN GABON, MOZAMBIQUE As part of its mission to improve the lives of the communities in which the United Bank for Africa operates, UBA Foundation continues to encourage African youths to adopt the culture of reading through its ‘Read Africa’ initiative. Read Africa aims to rekindle the …