The Nigerian Electricity Regulatory Commission (NERC) is going ahead with plans to review power tariffs in July this year despite wide spread resentments by the organised labour, consumer groups and other individuals. NERC had announced on April 26, 2021 that…
By Kayode Tokede AIICO Insurance Plc has posted gross written premium of N19.7 billion for the first quarter March 31, 2021. The gross written premium represented an increase of 12.2 per cent when compared with N17.6 billion posted in the…
The worsening of security profile in Nigeria has recently become an albatross. The brewing storms have been finding expression with the collision of several decadence which recently have begun to assume explosive dimensions. The troubles over security threats have recently…
The Lagos Chamber of Commerce and Industry and energy experts have expressed divergent views on the demand by labour that the pump price of petrol should not be increased until the country’s refineries are fixed. The Nigeria Labour Congress said…
The National Bureau of Statistics (NBS) and the Nigerian Ports Authority (NPA) have signed a Memorandum of Understanding (MoU) to improve data collection and analytics on port related activities. The MoU was signed on Tuesday in Abuja by Mr Yemi…
By Kayode Tokede The Nigerian Exchange Limited (NGX) equities market segment closed the first trading session for the week yesterday on a negative note to halt the two consecutive days of bullish sentiment, as All-Share Index declined by 0.08 per…
By Kayode Tokede No fewer than 48 Corps Members have been empowered with various sums of money to finance their businesses after their business proposals scaled through the different stages of professional vetting until the very last stage. The business…
A bill seeking to give legal backing to the establishment of the Chartered Institute of Directors of Nigeria scaled second reading during plenary on Tuesday. The bill was sponsored by the Senate Leader, Yahaya Abdullahi (APC, Kebbi North). Abdullahi, while…
Despite disruptions from COVID-19, private sector have continued to experience sustained growth, a Purchasing Managers Index (PMI) report by Stanbic IBTC bank has revealed. According to the report, the output for the private sector in April maintained positive growth. Part…
By Bankole Taiwo, Abeokuta Ogun State police command has arrested 52-yr-old man, Kayode Adeniyi of No 12 Abere Ifa street, Ijoko, Sango-Ota in Ado-Odo/Ota local government for unlawfully having carnal knowledge of a 10-yr-old girl (named withheld). The police in…
