Archives for TOP STORIES - Page 253
Minimum Wage: NLC Vows To Sue States That Violate Provisions …Talks Tough On Implementation
By Ngozi Onyeakusi -- The Nigeria Labour Congress (NLC) Tuesday vowed to sue any state that will violate the provisions of the new minimum wage Act recently signed into law.…
SEC Working on Crowdfunding Regulation- Uduk
The Securities and Exchange Commission (SEC), has said that the commission is working on a framework to regulate the use of crowdfunding by small businesses to raise capital. This was…
World Bank approves Nigeria’s $3bn power sector loan
Federal Government on Sunday said it had opened discussions with the United Kingdom on the possibility of raising “Jollof Bond’ to finance the national budget. The Minister of Finance, Budget…
James Hope College Acquires American International Sch. … Offers Scholarship To Students
By Ngozi Onyeakusi -- The James Hope College (JHC) has announced the acquisition of the American International School Lagos (AISL) Lekki Campus facility to establish James Hope College in Lagos.…
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…
