Business news
Amaka Obiefuna The Insurers Committee, an association of insurers and the regulatory body, National Insurance Commission (NAICOM), has started championing a rebranding campaign, aimed at changing the negative perception of the public towards insurance as well as growing the number of insurance consumers from 37 million to over 150 million of […]
The organized labour has faulted the Federal Government for refusing to reconstitute the board of the National Pension Commission, PenCom, almost two years after the government sacked the former board. The former board was headed by Chinelo Anohu-Amazu as Director-General. Labour argued that non-constitution of the board was a threat to the over N7 trillion […]
The Niger State government has earmarked the sum of 193million Naira to support its sustainability plan for Cash Transfer Program, CTP and achieve increase in child enrolment in basic schools. The State Coordinator, Idris Azika made this known in Sokoto State while speaking on sustainability plan of the State on Cash transfer program. He also stated that […]
The Fiscal Responsibility Commission (FRC) says the nation raked in N5.043 trillion as federally collected revenue in 2016, indicating a shortfall of N1.063 trillion from N6.107 trillion compared to 2015. The figure is contained in the commission’s 2016 Annual Report and Audited Accounts made available to news reporters on Tuesday in Abuja. The report said […]
Nigeria’s daily oil output has dropped by 150,000 barrels per day (bpd) as a result of the shutdown of Nembe Creek Trunk Line. In its 2018 budget, the Federal Government had earlier projected to produce 2.3 million bpd at the reference price of $51 per barrel. But with this development the target would not likely […]
The International Monetary Fund (IMF) has said Nigeria and other Sub-Saharan countries would grow their economies by an average of 3.4 percent in 2018, from 2.8 percent in 2017. IMF’s country Senior Representative, Mr Amine Mati, said this during the public presentation of the Spring 2018 Issue of the Sub-Saharan African Regional Economic Outlook (REO) […]
The Lagos State University Teaching Hospital, LASUTH in collaboration with an American Non-Governmental Organization, VOOM Foundation has successfully carried out state-sponsored cardiothoracic surgeries on five patients. A Cardiothoracic Surgeon, Dr. Reza Khodaverdian, who led the visiting team from USA, during a Press Conference held in LASUTH, attributed the overall success of the operation to the […]
A Muslim man accused of killing a cow was beaten to death by a mob in central India, police said Sunday, the latest vigilante murder over the animal considered sacred by Hindus. Siraj Khan, a 45-year-old tailor, was attacked in the Satna district of Madhya Pradesh state early Friday and died at the scene, local police official Arvind Tiwari told AFP. Kahn’s friend Shakeel […]
The Corruption and Financial Crime Cases Trial Monitoring Committee (COTRIMCO) has identified poor prosecution, absence of counsel for parties in Court, reliance on irrelevant documentary evidence, multiplicity of charges, non-adherence to Court rules and procedures, retirement and transfer of Judges, re-assignment of cases to start de-novo, amendment of charges after commencement of trial, and cumbersome […]
Nn’emeka Maduegbuna, Chairman, C&F Porter Novelli, a trusted global business advisor focusing on strategic communications, will chair Leadership Lecture at the 28th edition of Lagos Public Relations Week scheduled for Thursday, May 24, 2018, at Agip Recital Hall, MUSON Centre, Lagos. The Leadership Lecture themed, “Boosting Competiveness and Inclusive Growth through Communication” is part of the […]