NewsDirect

NewsDirect

Mixed reactions trail NBS’s 18.2% inflation rate

By Matthew Denis & Joshua Elekwachi, Abuja, Abuja Analysts have expressed mixed feelings over National Bureau of Statistic (NBS) Monday’s report on inflation rate, stressing that the current rate does not reflect prices of goods and services in the country.…

Dangote Cement vows to close demand-supply gap

…As construction of Okpella Cement Factory nears completion Following the surge in demand for cement products in the country, Dangote Cement Plc has restated commitment in meeting the demand gap in order to ensure the availability of Cement products in…

NAICOM inaugurates working groups for IFRS 17 adoption

The National Insurance Commission (NAICOM) has inaugurated the Sub Working Groups (SWGs) of the Insurance Industry Financial Reporting Working Group (IIFRWG). Commissioner for Insurance, Mr Sunday Thomas, inaugurated the group on Monday in Lagos. Thomas said that the SWG was…

Sexual assault: Police grants Baba Ijesha N500, 000 bail

By Ayo Fadimu The Lagos State Police Command on Monday granted N500,000 bail to detained Nollywood actor, Olanrewaju James, popularly known as, Baba Ijesha for alleged sexual assault. His lawyer, a former Nigerian Bar Association (NBA), Ikeja Branch Chairman Adesina…