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KEY players in the nation’s insurance industry have finally agreed to recapitalise the sector, saying it will streamline and strengthen underwriting firms that will survive the new capital regime. They noted that insurers’ capacity would be enhanced and enable the ...

The Hydrocarbon Pollution Remediation Project (HYPREP) has lamented that litigations against its activities, insecurity and infightings in Ogoni may threaten execution of the United Nations Environment Programme (UNEP) report. Specifically, HYPREP identified youth restiveness and community leadership tussles, as major ...

Abuja Electricity Distribution Company (AEDC) has enjoined Nigerians not to expect a regular supply of electricity any time soon. Corporate affairs manager of the company, Mr. Fadipe Oyebode, while refuting claims in some quarters that AEDC was deliberately denying the ...

Lagos State Government has inaugurated a seven-man committee to monitor, regulate and enforce quality compliance in Assisted Reproductive Technology (ART) practice in the state. Permanent Secretary in the state’s Ministry of Health, Dr. Titilayo Goncalves, noted that the constitution of ...

Vice President Yemi Osinbajo has said the country is yet to attain self-sufficiency in rice production. He was speaking at the 4th National Discourse organised in Lagos by The Companion, an association of Muslim Men in Business and the Professions ...

As the controversy over the federal government’s suspension of Rural Grazing Area (RUGA) rages, Isoko Advancement Network (IAN) has said that Isoko region in Delta State could spare its land for industries, not for herders. The socio-political pressure group vowed ...

President of the Court of Appeal (PCA), Justice Zainab Adamu Bulkachuwa, has cancelled the yearly vacation of judges. She said the decision followed the consideration of the enormous petitions the court faces. In a statement, the court stated that with ...

The Independent Corrupt Practices and other related Offences Commission (ICPC) has said Nigeria accounts for the bulk of Africa’s  $90 billion assets stashed abroad yearly. It regretted that the continent never received same amount in aid from development partners in ...

Ijaw youths have threatened to shutdown operations of telecommunication companies over diesel supplies for power plants in Bayelsa State. The youths are said to be angry that indigenes of the state had allegedly been shut out of the companies’ multi-million ...

Nigeria’s aspiration for universal Internet coverage and broadband expansion has received a boost with the materialisation of a $100 million loan from the Indian government. The facility, arranged by the EXIM Bank of India, followed a close collaboration between the ...