Business

200 Nigerian insurance chieftains, 650 others at Uganda conference

About 200 insurance Chief Executive Officers from Nigeria and 650 other participants from around the world converged in Kampala, Uganda, at the 44th session African Insurance Organization (AIO). The session was opened by the Vice-President of Uganda, Mr. Edward Ssekandi, who represented the President, Yoweri Kaguta Museveni. The 200 Nigerian insurance industry delegates were drawn […]

Business

Weak economy a threat to Democracy – Saraki

Senate President, Dr. Abubakar Bukola Saraki, has called for concerted and united effort by all Nigerians to build a strong economy as a means of sustaining the nation’s democracy. Saraki in a statement by his Special Adviser on Media and Publicity, Yusuph Olaniyonu, in Abuja, to commemorate the 2017 Democracy Day celebration, said the real […]

General

OPEC appoints Olusegun Adekunle board Chairman

The Organisation of Petroleum Exporting Countries (OPEC) on Friday, announced the appointment of Mr Olusegun Adekunle as the Alternate Chairman of the Economic Commission Board. OPEC made the announcement in a statement released in Abuja on Friday by Mr Idang Alibi, Director Press Ministry of Petroleum Resources. Alibi said: “In a welcome development, OPEC announced […]

Business

Fidelity Bank empowers 400 students

As part of deliberate efforts to reduce youth unemployment levels in Nigeria, Fidelity Bank Plc in partnership with Gazelle Academy and the Federal Polytechnic, Oko Venture has just concluded an entrepreneurship training programme for 400 students in Anambra State. Organised under the Fidelity Youth Empowerment Academy stream three, the week-long training programme was aimed at […]

Business

Senate approves unbundling NNPC

The Senate on Thursday passed first tranche of the Petroleum Industry Bill (PIB), titled the Petroleum Industry Governance Bill (PIGB) 2017. The bill, which is expected to take care of the governance aspect of the industry, scaled third reading following presentation of report of Joint Committee on Petroleum Resources (Upstream, Downstream, Oil and Gas). If […]

Business

FG approves committee to fix new minimum wage

Nigeria’s Federal Executive Council chaired by Acting President Yemi Osinbajo has approved a 29-member National Minimum Wage Committee to negotiate with labour unions and work out a new minimum wage. Labour Minister, Dr. Chris Ngige announced this at the end of the meeting in Abuja, and said members will be drawn from the Nigerian Governors’ […]