NAICOM, NHIS Partner on Indemnity Insurance for Health Workers

As an agricultural economist, Dr. Akinwumi Adesina has been...

Growth picked up in sub-Saharan Africa in 2014, after moderating in 2013, but remained weaker than during the pre-crisis years. It softened around the turn of the year owing to headwinds from the plunge in the price of oil. Sub-Saharan Africa’s oil exporters, which account for nearly half of the region’s aggregate output, have been hit hard by the sharp decline in the price of oil. From June 2014 to January 2015, oil prices fell by nearly 50%, and have remained low despite the recent uptick.

It was good news the other morning when news filtered out that the federal government has graciously given cash-strapped states a bailout of approximately N714 billion to settle outstanding salaries and other forms of wages to workers in their states. To the workers, it was probably the best news of the year 2015, given that some that had fallen into arrears for upwards of seven to nine months. To ordinary Nigerians not directly affected by the salary crisis in the affected states, the bailout represents a moment of relief from the plight of the workers. For the state governments, the bailout is only a temporary measure to relieve them of the scandalous inability to meet their obligations to workers in the states.

The Managing Director/CEO, Sovereign Trust Insurance Plc, Olaotan Soyinka,...

While the European Commission's decision to block CK Hutchison's...

L-R: Daniel Braie, Managing Director/CEO, Linkage Assurance Plc and...

Augustine Ebose MD/CEO Anchor Insurance Company Limited Following the effects of coronavirus...

The Association of Telecommunications Companies of Nigeria (ATCON) has...