Archives for TOP STORIES - Page 220
IGI Insurance Workers Protest Mass Retrenchment
By Ngozi Onyeakusi -- Aggrieved employees of Industrial and General Insurance company limited (IGI) in Lagos on Wednesday, warned the management to rescind its decision to retrench majority of them…
Successful Recapitalization To Pave Way For Solid, Vibrant Insurance Market —NAICOM
By Ngozi Onyeakusi -- The National Insurance Commission (NAICOM) has assured that a successful conclusion of the ongoing recapitalization exercise in the insurance industry will give birth to financially solid…
Nigeria Loses Supply Chain To Boarder Closure
Lagos Chamber of Commerce and Industry has said that the closure of Nigeria -Benin Border has come with a cost mainly to the informer sector doing business across the subregion.…
Nigerian student shot dead in US over loud music
Oyerinde An 18-year-old Nigerian, Olufemi Oyerinde, was shot and killed outside his apartment in the US for allegedly playing music at high volume. Oyerinde, a mechanical engineering freshman at…
AIICO Insurance Authorized Share Capital Hits N18bn
By Ngozi Onyeakusi -- In line with the company’s preparedness to meet the new minimum capital requirement for the insurance industry, AIICO Insurance Plc has received shareholders’ approval to increase…
ExxonMobil, Firm Seal $406m LNG Deal
Exxon Mobil Corporation’s subsidiary, SeaRiver Maritime has concluded $ two new LNG carriers deal. According to the company, each of the LNG carriers would be deployed on a 15-year…
SEC Restates Commitment to Sustainable Financing
By Ngozi Onyeakusi-- The Securities and Exchange Commission, SEC, remains a strong advocate for the promotion of infrastructural development through sustainable financing. This was stated by Acting Director General,…
12 Killed In Gas Cylinder Blast In India
At least 12 people died and several were injured when a cooking gas cylinder exploded on Monday, leading to the collapse of a building in the northern Indian state…
