Business news
Amaka Obiefuna. There were emotional scenes as Miss Kechi Okwuchi, a survivor of the 2005 Sosoliso plane crash that claimed many lives visited The Shell Petroleum Development Company of Nigeria Ltd (SPDC) end January to express gratitude for the medical and financial assistance the company rendered to her after the tragic incident. Kechi, her father’s […]
Amaka Obiefuna. The National Insurance Commission (NAICOM) has identified that the implementation of the Index Based Agricultural Insurance (IBAI) would enhance agricultural productivity, create employment opportunies and also play key role in ongoing efforts by the present administration to diversify the Nigerian economy in the next few years. IBAI is a relatively new financial instrument […]
About 152 million Nigerians live on less than $2 a day, representing about 80 per cent of the country’s estimated 190 million population, the African Development Bank has said. According to the AfDB, which stated this in its 2018 Nigeria Economic Outlook, the level of poverty in the country is unacceptably high. The Nigeria Economic […]
The naira recorded a marginal gain at the parallel market on Monday, closing at 363 per United States dollar, up from 364/dollar on Friday. The local currency has been trading between 362/dollar and 365/dollar in recent weeks. Analysts have said that the naira is likely to remain stable against the greenback this week as demand […]