Insurers pay N347bn claims despite N10.9bn premium decline
Experts are of the opinion that the figures indicate that while insurers generated less premium income during the period under review, their claims obligations continued to rise
African Economic Outlook warns against excessive optimism
The Africa Economic Outlook has predicted a positive outlook for African economies but warned against excessive optimism about the economic growth prospect of the Continent.
A far cry from Jonathan’s energy transformation
Exactly a year today, President Goodluck Jonathan made sweeping statements regarding his energy vision be it for power and petroleum, for the benefits of all Nigerians.
FG to re-stream 958MW stranded power
The Federal Government said it plans to recover about 958 Megawatts stranded power in this financial year to increase generation capacity and enhance supply to the people.
Private sector, key to resource development
Chairman, House of Representative Committee on Petroleum Resources (Downstream), Hon. DakukuPeterside, has observed that the private sector holds the key to the effective harnessing and utilisation of the nation’s hydrocarbon resources for overall economic growth.
NDPHCN to sanction erring contractors
The managements of Niger Delta Power Holding Company of Nigeria, NDPHCN, has warned that erring contractors currently executing the National Integrated Power Projects, NIPP, across the country risk possible sanctions.
