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Business Insurance

Senate to support NDIC in protecting depositors

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The Senate Committee on Banking, Insurance and Other Financial Institutions, has pledged to support the Nigerian Deposits Insurance Corporations (NDIC) to carry out its functions...
Business

Firm petitions House of Reps over unpaid N70 million, $30 million debts

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An engineering company operating in the Oil and Gas sector under the aegis of DE COON Services Limited has petitioned the House of Representatives over...
Business

Embattled AfDB chief survives another probe into his conduct

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Embattled President of African Development Bank (AfDB), Dr Adewumi Adesina, has survived a second round of investigation into his conduct, giving him a boost in...
Business

AfDB independent panel clears Akinwumi Adesina of wrongdoing

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African Development Bank/AfDB An independent panel of experts, headed by former Irish president Mary Robinson, has cleared the President of the African Development Bank (AfDB)...
Business

Senate demands review of Power Sector Reform Act

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The Senate on Wednesday called for the review of the Power Sector Reform Act 2005. According to the upper chamber, a new and more dynamic...
African News

Controversially arrested Egypt journalist dies of coronavirus after leaving prison – family

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An Egyptian journalist arrested after appearing on the Al Jazeera network has died of the novel coronavirus, his daughter confirmed, days after he was released...
Business

Ekiti cargo airport to be ready in 18 months – official

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Ekiti Government has said the ongoing construction of the Cargo Airport at Ipogun in Irepodun/Ifelodun Local Government Area would completed in 18 months. Mr Bunmi...
News

Nigeria hits 40.18 percent broadband penetration – minister

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Nigeria has achieved 40.18 percent Broadband penetration, the Minister of Communications and Digital Economy, Dr. Isa Alli Ibrahim Pantami, has said. The Minister revealed this...
Business

House of Reps: GENCOs, DISCOs have failed Nigerians

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The House of Representatives declared yesterday that Power Generating Companies, GENCOs, and Distribution Companies, DISCOs, have failed, saying they have disappointed the citizenry. The lawmakers...