The Consequences of Skipping Insurance Premium Payments: What Happens If I Don’t Pay?

Insurance is a financial safety net that provides peace of mind and protection against unexpected events. Whether it’s health, life, auto, or any other type of insurance, paying regular premiums is crucial to maintaining coverage. However, life can be unpredictable, and there may be instances where paying insurance premiums becomes challenging. In this blog post, … Read more

Naira records gain against dollar at parallel, official markets

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The Nigerian Naira witnessed a positive surge in the parallel market, climbing to N1,495 against the US dollar on Thursday, marking an improvement from its previous rate of N1,510 per dollar on Wednesday. Similarly, within the Nigerian Autonomous Foreign Exchange Market (NAFEM), the Naira also experienced an uptick, reaching N1,481.49 per dollar. Data sourced from … Read more

MTN chief marketing officer resigns

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Adia Sowho has stepped down from her role as Chief Marketing Officer (CMO) of MTN Nigeria. Sowho, who made history in August 2021 by becoming the first female CMO at MTN Nigeria, has left under what sources suggest might be contentious circumstances. Sowho’s career began in 2001 after earning an engineering degree. She initially worked … Read more

McDonald’s HACER Scholarship

McDonald’s HACER Scholarship: Opening Doors to Higher Education for Hispanic Students For decades, McDonald’s has been committed to serving not just delicious food, but also supporting the communities it operates in through various initiatives and programs. One such program that has made a significant impact is the McDonald’s HACER National Scholarship. This scholarship program aims … Read more

Nigeria secures another $925m oil-backed loan

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The African Export-Import Bank (Afreximbank) has announced an additional $925 million disbursement to Nigeria under a $3.3 billion crude oil-backed prepayment facility arranged for the Nigerian National Petroleum Company Limited (NNPCL). This latest disbursement for Project Gazelle Funding Limited brings the total funded facility size to $3.175 billion. Afreximbank, acting as the Mandated Lead Arranger, … Read more

$1.3bn forwards settlement : ‘Naira set for big rise against dollar’

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The Naira is projected to strengthen in the upcoming months after the Central Bank of Nigeria (CBN) settled over $1.3 billion in foreign exchange (forex) forwards contracts last week, according to analysts. Experts at Rand Merchant Bank in Lagos noted that following this settlement, the outstanding unpaid forex forwards contracts from now until December amount … Read more

Turkey Bursları Scholarship 2024: Unleashing Global Potential through Education

Turkey Bursları Scholarship 2024: Unleashing Global Potential through Education In an increasingly interconnected world, access to quality education has become a fundamental pillar of global progress and development. However, for many talented individuals from around the world, financial constraints and limited opportunities can stand in the way of pursuing their academic dreams. This is where … Read more

Heritage Bank depositors to receive insured deposits this week – NDIC

Heritage Bank

Depositors of Heritage Bank, which is currently in liquidation, will begin receiving their insured deposits starting this week, according to Mr. Bello Hassan, Managing Director of the Nigeria Deposit Insurance Corporation (NDIC). During a press conference in Abuja, Hassan revealed that over 99 percent of the 2.3 million depositors have accounts with balances of N5 … Read more

The MAECI Scholarship: Fostering Global Understanding and Intercultural Dialogue

The MAECI Scholarship: Fostering Global Understanding and Intercultural Dialogue In a world that is becoming increasingly interconnected, the need for global understanding, cross-cultural dialogue, and international cooperation has never been more pressing. Education plays a pivotal role in bridging divides, fostering mutual respect, and equipping individuals with the knowledge and skills necessary to navigate the … Read more