Some stakeholders in the insurance sector have stated that the proposed recapitalisation would create new barriers to entry but could also benefit the sector regardless of the outcome. This …
Read More »Business
FG eyes $500m W’Bank loan to boost education, health sectors
The Federal Government is targeting a $500m loan from the World Bank to tackle inadequate human resource issues in the country’s education and healthcare systems. The proposed loan, part …
Read More »Is 25% of the British NHS workforce Nigerian?
Claim: The Minister of Health and Social Welfare, Muhammad Pate, claimed that 25% of the United Kingdom’s medical workforce are Nigerians, adding that if they were to pull out of …
Read More »Telcos face investment drop over worsening economy
Nigeria’s telecommunications sector is reeling under the weight of a severe investment squeeze as the country’s worsening economic conditions continue to take a toll on the industry. The sector, …
Read More »FIRS seeks legislative backing to regulate crypto industry
The Federal Inland Revenue Service (FIRS) is seeking the support of the National Assembly to enact a comprehensive law regulating the cryptocurrency industry in Nigeria. The move comes as the …
Read More »NGX WEEKLY ROUND-UP: Investors gain N846bn as equities market crumbles
Investors in Nigerian equities market endured a torrid trading week on the floor of the NGX losing N846.53bn as market capitalization fell to N55.13trn from N55.98trn the previous week. This …
Read More »NMDPRA cracks down on illegal fuel sales amid scarcity
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) on Thursday, issued a stern warning to filling stations against supplying premium motor spirit (PMS), or petrol, to black marketers. The …
Read More »The importance of PVC in your building
Polyvinyl Chloride (PVC) is a synthetic plastic polymer made from the polymerization of vinyl chloride. It is one of the most widely produced plastics in the world, known for its …
Read More »NMDPRA warns against illegal petrol sale as scarcity deepens
An official of the Nigerian Midstream and Downstream Petroleum Regulatory Authority has issued a stern warning to fuel station owners against selling petroleum products directly to customers, citing safety …
Read More »Airports offenders to get quick judgment – FAAN
The Federal Airports Authority of Nigeria said plans have been concluded to establish magistrate courts across the airports in the country. The authority stated that the development was in …
Read More »