Business

Recapitalisation empowers insurers to protect manufacturing sector — Report 

Recapitalisation empowers insurers to protect manufacturing sector — Report 

By Rosemary Iwunze  Following the conclusion of the insurance industry recapitalisation exercise, the sector is now expected to protect Nigeria’s manufacturing sector against costly industrial risks. It is also expected to have significant implications for manufacturers whose operations are exposed to risks ranging from factory fires and machinery breakdowns to marine cargo losses, engineering failures […]
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Wunderman changes name to Javelin Communications

Wunderman changes name to Javelin Communications

Wunderman Nigeria Limited, a wholly-owned indigenous customer-focused marketing communications company, has realigned its relationship with the global Wunderman Group and rebranded as Javelin-Wunderman  Communications. 

Why NLNG abandoned Nigeria’s ship registry

Why NLNG abandoned Nigeria’s ship registry

Contrary to belief by some stakeholders that the Nigerian Liquefied Natural Gas, NLNG, prefers its vessels registered abroad, facts have emerged that the company which has a large fleet of ocean going ships, abandoned registration in Nigeria because of substandard registry.

Naira depreciates to N360.22/$ in I&E

Naira depreciates to N360.22/$ in I&E

The naira Tuesday depreciated for the first time this week to N360.22 per dollar in the Investors and Exporters (I&E) window of the foreign exchange market.