Fitch revises Nigeria’s outlook to positive, affirms ‘B’ rating
Fitch has revised Nigeria’s Long-Term Issuer Default Ratings outlook from Stable to Positive, citing the success of the sustained economic reforms and rising foreign exchange reserves.
Low penetration stunts capacity growth, as underwriters reinsure more for stability
AS low insurance penetration continues to plague the country, depriving underwriters adequate pool of funds to improve on capacity to cover in-country high ticket risks, Nigerian insurers are now reinsuring more for adequate reinsurance backings.
Nigeria not an oil economy – Adeosun
Nigeria is not an oil economy, the Minister of Finance, Mrs. Kemi Adeosun, has said.
Syringe manufacturing’ll reduce unemployment in Nigeria — Gulabi
THE recent commissioning of a multi-million Naira Jubilee Syringe Manufacturing Company (JSM) in Akwa Ibom State by Vice President Yemi Osinbajo, may have come and gone, but the euphoria of the celebration and the excitement by Nigerians who believe that this investment is a turning point in the nation’s life still rent the air. Zubeyir Gulabi, the company’s Managing Director whose responsibility is to supervise the huge investment, takes us into the past, present and the future of JSM. Excerpts:
AVOLN decries multiple taxation, unveils logo
The Association of Venue Owners of Lagos Nigeria, AVOLN, has appealed to Lagos State Governor Akinwunmi Ambode against multiple taxation for their members, saying it affects their business in the state.
At NNF workshop: Experts chart path for community engagement in solid minerals sector
New Nigeria Foundation (NNF), with the support of Ford Foundation, organised a two-day workshop, with the theme “Contemporary Community Engagement Models in the Oil and Gas Sector: Lessons for other Sectors” in Lagos, last Thursday, 2nd and Friday, 3rd November 2017.
