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Daily Archives: April 3, 2018

Champion boxer Manny Pacquiao builds 1,000 homes for poor Filipinos

In the world of professional sports, athletes have long recognized their roots and beginnings and have been involved in helping communities. Earning a hefty salary for doing what they love, athletes worldwide have been known to be involved in charitable causes, and indulge in philanthropic efforts. Although they put their well-being on the line in the ring, professional boxers are ... Read More »

NAICOM cautions on unlicensed risk underwriters

The National Insurance Commission (NAICOM) has advised insurance customers to eschew all forms of engagement with unlicensed operators in the insurance industry as well as allotting proportion of risk to local underwriters without due cognisance of the insurers’ capacity. This is even as it described the placement of risks on foreign underwriting insurance and re-insurance entities is in violation of ... Read More »

UBA links improved results to prudent balance sheet mgt, others

The Group Chief Finance Officer of the United Bank for Africa (UBA), Mr. Ugo Nwaghodoh, has linked the bank’s improved performance in the 2017 financial year to prudent balance sheet management, among other operational control measures. Nwaghodoh, during a media chat in Lagos, noted that in the year under review the bank recorded a 23 per cent growth in interest ... Read More »

World Bank flags off ESF workshop in Nigeria

The World Bank today flagged off a workshop on its Environmental and Social Framework (ESF) in Abuja as part of efforts to create understanding of the environmental and social criteria it would be applying to new projects it will be financing in Nigeria as from October this year. A statement issued by the bank’s Country Office in Nigeria indicated that ... Read More »