Investors lose N121bn in one week

The declining fortune of the Nigerian Stock Exchange, NSE, continued last week, as the value of investors’ holding in the secondary segment of the Nigerian capital market dipped by N120.877 billion.
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Reinsurance rate increase may affect primary premiums

The rising cost of reinsurance could begin to put upwards pressure on primary casualty rates, particularly where the reinsurance program is linked to property, an industry conference has been told.

Talking Insurance: Supportive manager: Sun model (2)

Those who aspire to be successful, supportive managers need the following: Learn and acquire a diverse range of qualities, which will be required both to enable them to fulfill the tasks within their remit and enable them to effectively lead and manage the team of employees that are within their sphere of operations.

KWARA: In Saraki’s footsteps

Governor Abdulfatah Ahmed of Kwara State has in the last 100 days not betrayed the trust invested in him by sustaining the legacy of his predecessor. Despite mocking criticisms from opposition parties including the occupancy of the Presidential Lodge by former Governor Abubakar Saraki, Ahmed has remained almost unbending in the plot of “progress” as supposedly plotted for him by his predecessor.

First 100 DAYS: ABIA: Orji’s new song

THE first 100 days of Governor Theodore Orji’s second term invariably confirm the saying that there is nothing like freedom. Freed from the hold of his one time godfathers and mother, the Governor has launched a series of initiatives to the surprise of observers.

NCDMB lists strategies for capacity building

In a bid to enhance capacity development, the Nigeria Content Development and Monitoring Board, NCDMB, said that the agency has drawn out strategies to build in- country capacity in Nigeria.

Education, Enlightenment and Empowerment (Part II)

How educated, enlightened and empowered are the teeming youths in Nigeria ? How engaged and fulfilled are they in their various locational zones? What are the statistics of the employed against the unemployed? How concerned are the various tiers of government about the masses? What are the leadership in the churches, mosques etc. preoccupied with? How integrated are the lives of our youths with that of their parents and leaders (traditional, educational and governmental)?

Compulsory insurances: Controversy brews over premium rate

Controversy is brewing in the insurance industry as the National Insurance Commission (NAICOM) has failed to provide a uniform set of rates for the compulsory insurance products under the Market Development and Restructuring Initiative (MDRI).

Nigeria begins gas distribution to West-African sub-region

The Federal Government has announced that Nigeria has commenced gas distribution to neighbouring West African countries through the West African Gas Pipeline scheme which runs from Lagos to Takoradi, even as the Nigerian gas sector is currently begging for a 20 billion dollars annual investment from the government if it must be optimally harnessed.

Nigeria to lose over 1mn man-hours in Brass LNG $15 Bn deal

FOLLOWING a decision by the management of Brass Liquefied Natural Gas(LNG) Company Limited to award the contract for the construction of its LNG trains in Bayelsa state, South-South Nigeria to Bechtel LNG Contractors Limited, a foreign engineering company based in the United states, Nigeria appears set to lose well over 1 million man-hours of basic engineering jobs if the contract sails through.

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