lMDAs withhold policy renewals lOperators see brighter full year results By Rosemary Iwunze THE insurance industry seems to have come under pressure of massive growth in claims far ahead of Gross Premium Written, GPW, a development which has brought down aggregate industry profit by 5.1 per cent to N16.8 billion in the first half of 2021, H1’21, […]

UN Secretary-General Antonio Guterres on Sunday condemned the coup d’etat in Guinea and demanded the immediate release of President Alpha Condé. According to reports, the fate of Guinea’s President, Condé, is unclear after an unverified video showed him surrounded by soldiers who said they had seized power. They appeared on national TV claiming to have […]

The General Overseer (GO) of the Redeemed Christian Church of God (RCCG), Pastor Enoch Adeboye, and other church leaders on Sunday prayed for the nation’s progress. The leaders, made the prayers at the inauguration of Prophetess Esther Ajayi’s Love of Christ (LOC) ultra-modern worship centre on Ligali Ayorinde Street, Victoria Island, Lagos. Adeboye, a guest […]

The Equities market of the Nigerian Exchange (NGX) Limited has been ranked as the best investment asset class to hedge against inflation from August 2020 to August 2021. The Financial Derivatives Company (FDC) disclosed in the inflation vs investment return data released for August, on Sunday, in Lagos. Among the four asset classes tracked by […]

The health ministers of the world’s 20 leading economies have agreed to work towards more equity in the distribution of Covid-19 vaccines at a Sunday meeting in Rome on the next steps in the effort to contain the coronavirus. The conditions are in place to agree to what G20 ministers have dubbed the Rome Pact, […]

By Cynthia Alo The Director General of the Nigerian Maritime Administration and Safety Agency, NIMASA, Dr. Bashir Jamoh, has called for greater synergy between the Agency and the Federal Department of Fisheries and Aquaculture (FDFA) to ensure safety of fishing vessels and their operators in Nigeria.  Jamoh made the call in Lagos while meeting with officials […]

The top court in El Salvador has ruled that a president can serve two consecutive terms, opening the door for President Nayib Bukele to run again in 2024. The Central American nation’s electoral authority said on Saturday it would adhere to the controversial decision by the Supreme Court. The court ruled that the previously mandatory […]

Morocco defender Hanane Ait El Haj has backed her side to emerge victorious at the upcoming Aisha Buhari Invitational Tournament taking place in Lagos, Nigeria next month. The Atlas Lionesses are drawn against Mali and Nigeria in Group A of the six-nation competition and the former Zaragoza star is excited about her team’s chance to […]

Global smartphone brand Infinix has embarked on a corporate partnership with the Royal Observatory Greenwich in London as part of the company’s commitment and pursuit towards science and innovation and is an exciting way to bring the public closer to astronomy using ground breaking new technology from Infinix. As part of their support, Infinix is […]

The Managing Director/Chief Executive Officer, Oil and Gas Free Trade Zones Authority (OGFZA) Mr. Umana Okon Umana said the agency has attracted the sum of $16.6bn foreign direct investment into the economy within a 20 year period covering 2001 and 2020.

In about 20 months, one of the most significant Socio-Econo-Political chapters in Akwa Ibom State’s history book will be written, sealed and nicely placed in the archives.

FOLLOWING minor shakeup of Buhari’s cabinet last week, the National Fish Association of Nigeria, NFAN, Sunday, congratulated the newly appointed Minister of Agriculture and Rural Development, Dr Mohammed Abubakar, and pledged support for success.

Subscription rate rises 220%   By Nkiruka Nnorom  The value of the Nigerian green bonds market has grown to N49.19 billion, recording four issuance in the last three years since the debut issuance by the Federal Government in 2017. The Chief Executive Officer (CEO) of the Nigerian Exchange Limited (NGX) Mr.    Temi Popoola, disclosed this at […]

Widows in Kogi State has called on the state House of Assembly to enact a law that will address the equity and rights of destitute widows in the state especially as regards violence against the widows.

As Naira depreciates to N530/$1 in parallel market By Elizabeth Adegbesan The volume of dollars traded (turnover) in the Investors and Exporters (I&E) window of the Nigerian foreign exchange market rose by 17 percent, month-on-month, to $3.22 billion in August  from $2.75 billion in July 2021. Vanguard analysis of weekly turnover in the window showed that […]