The Nigerian Electricity Regulatory Commission, NERC, has issued new electricity tariffs that became effective for commercial and industrial consumers from 1 April 2015 and that would become effective for residential consumers from 1 July 2015. The new tariffs are in the Multi-Year Tariff Order, MYTO, 2.1 for the period 1 April 2015 to December 2018 and they replace the tariffs in MYTO 2 for the period 1 June 2012 to 31 May 2017.

Vitafoam Nigeria Plc has explained that its performance in 2014 was impressive as its profit went up by 11.8 per cent. Speaking to the capital market community during the company’s fact behind its financial figures for 2014, the acting Group Managing Director, Mr. TaiwoAdeniyi said that the company would continue to sustain its culture of ensuring shareholder value.

Former Managing Director of Nigerian Maritime Administration and Safety Agency, NIMASA, Raymond Omatseye, yesterday, insisted that the contract awarded by the agency under his leadership was within the threshold allowed by NIMASA Act.

To figure out if you need life insurance, you need to think through the worst-case scenario. If you died tomorrow, how would your loved ones fare financially? Would they have the money to pay for your final expenses (e.g., funeral costs, medical bills, taxes, debts, lawyers’ fees, etc.)? Would they be able to meet ongoing living expenses like the rent or mortgage, food, clothing, transportation costs, healthcare, etc? What about long-range financial goals? Without your contribution to the household, would your surviving spouse be able to save enough money to put the kids through college or retire comfortably?

A passionate plea has been made to medical doctors in the health sector to play a leadership role as head of the medical team with a view to ensuring harmony among all health workers and above all better medical outcomes in the management of patients.