By Asishana John The Telecommunications and Banking industries, the new leadership of the African Insurance Organization, AIO, have adopted fresh strategies to reverse the trend. Mr. Tope Smart, the newly inaugurated 23rd President of the Organization in his acceptance speech,…
By Asishana John Universal Insurance Plc’s profit before tax rose for the 2020 financial year rose by 292 per cent. A statement was disclosed during the company’s 51st annual general meeting which held virtually and in Lagos. It said the…
By Asishana John WAICA Reinsurance Corporation has expressed its commitment to offer practical solutions to solve problems of climatic change in West Africa. It said in a statement that this was imperative following climatic change that had led to frequent…
By Asishana John The Commissioner for Insurance, Mr Sunday Thomas, has urged African leaders to create an enabling environment for insurers to play more relevant roles in the continent’s free trade zone. Thomas spoke during the investiture of the Managing…
By Uthman Salami Nigeria’s gas supply to markets in Europe is generating interests as key countries in North Africa are seeking Investment partnership with Nigeria in that regard. Algiers had cut ties with regional rival Morocco last month, accusing Rabat…
By Uthman Salami The Department of Petroleum Resources (DPR) has reopened eight petroleum tank farms shutdown by the Lagos State Physical Planning Permit Authority ( LASPPPA) in Ijegun-Egba, Satellite Town, Lagos. Mr Ayorinde Cardoso, Zonal Operations Controller, DPR, Lagos Zone,…
By Uthman Salami The Major Oil Marketers Association of Nigeria has urged the Federal Government to rescind its decision by removing the 7.5 per cent VAT on the product, MOMAN also kicked against the reintroduction of Value Added Tax (VAT)…
Since global oil prices began to suffer from the latter end of 2015, the impacts on the Nigerian economy (which almost has all its eggs in one basket) have seen conditions of its profile enmeshed in the mire of colossal…
By Moses Adeniyi Lagos State Governor, Mr. Babajide Sanwo-Olu, on Tuesday signed a Memorandum of Understanding (MoU) to activate the framework for the unlocking of the $1 trillion Nigerian Green Bond Market Development Programme to finance key infrastructure projects. The…
By Kayode Tokede The domestic stock market yesterday closed trading activities in the green, to halt the six days consecutive bearish trend. The market upturn was due to investors’ renewed buying interest in the Financial and Industrial sectors, as capitalisation…
