NAICOM Licenses 7 New Firms to Expand Insurance Market

There are strong indications that the Nigerian National Petroleum Corporation (NNPC) may sought relieve from the nation’s strategic reserve estimated at N94.5 billion worth of PMS (petrol) to cushion the effect of the current fuel scarcity nationwide. The NNPC says the nation has enough stock of petrol in Port Harcourt, Warri and Calabar to service the country for 27 days at a national consumption rate of 40 million litres per day even as it has stepped up other efforts to end the distribution challenges in the fuel supply system.

    The International Air Transport Association has released new analysis...

When apartheid ended in 1994, the ANC promised to make black South Africans richer (Black Economic Empowerment). The lot of poorer blacks, however, has not improved much. Many are frozen out of the workplace altogether. The unemployment rate among blacks is 28.5%, compared with 5.6% for whites. If those who want work but have given up looking for it are included, the jobless rate is a whopping 41.6% for blacks compared with 7.5% for whites. The Economist, April 27, 2013.

The Chairman of NEM Insurance Plc, Mr. Tope Smart...

As environmental, social, and governance (ESG) principles continue to...

The attention of NNPC Ltd has been drawn to...

L-R: Registrar/Chief Executive, Chartered Risk Management Institute of Nigeria...

Seplat Energy provides an update to the previous announcement...