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The National Insurance Commission (Naicom) has directed the interim management of the International Energy Insurance (IEI) Plc to suspend the proposed sale of the company’s major equity stake in IEI...

 This year’s May Day activities in Nigeria were marked with the Nigerian Labour Congress (NLC) and the Trade Unions Congress (TUC) jointly tabling a demand for the upward review of...

Leadway Assurance Company Limited says Swiss Re has purchased a 25 per cent stake in the company. A statement obtained from the firm on Friday said the acquisition of shares...

Nigeria’s economy has been very unstable over the past few decades, successive governments has deployed various economic programs to stabilize what is proverbially known today as Africa’s largest economy. The...

Definition of terms Recessions is a period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP (Gross Domestic Product) in...

Nigeria's impending economic recession has in recent times become a hot topic with varying opinions. Just for the record, economic recession is a period of general economic decline and is typically...

SIR: Presently, one will be hard put to find a Nigerian that is not aware or in agreement with the fact that the government is hard pressed to save money...

Nigerians have been urged to see insurance as a way of life. Managing Director, Great Nigeria Insurance Plc, Managing Director Mrs. Cecilia O. Osipitan gave the advice in Lagos. Speaking...

The Bank of Industry (BoI), says it has disbursed N426.7 million to 253 members National Youth Service Corps under its Graduate Entrepreneurship Fund (GEF) programme. This is contained in the...

The insurance industry presently has between N70 to N80 billion life annuity fund, Commissioner for Insurance, National Insurance Commission (NAICOM) Mohammed Kari has said. He made this known following calls...