Business

Nigeria’s diaspora remittances may beat World Bank’s projection, rise 10% to $14.2bn

Nigeria’s diaspora remittances inflow is set to beat the World Bank’s projection for 2021, as it rose to $14.2 billion…

2 years ago

Insurers see rising motor insurance claims on high inflation

Motor insurance is the second-largest source of premium for the general business segment of the insurance industry in Nigeria. Insurance…

2 years ago

Twitter stock falls after Musk abandons takeover plan

Twitter stock fell Monday after Tesla chief Elon Musk ditched a $44 billion deal to buy the social media giant.…

2 years ago

FAAN to close Lagos airport domestic runways for 90 days

The Federal Airports Authority of Nigeria (FAAN) says it will close domestic runways 18L and 36R at the Murtala Muhammed…

2 years ago

Crude Oil Theft an Existential Threat to Industry- Okunbor

Managing Director and Country Chair of Shell Petroleum Development Company in Nigeria (SPDC) and Shell Companies in Nigeria, Mr. Osagie…

2 years ago

Nigeria Loses $10m Daily to Crude Oil Theft –Sangster

The Managing Director, TotalEnergies EP Nigeria Ltd., Mr. Mike Sangster said crude oil theft has become an organised crime which…

2 years ago

Power Sector: AFDB Approves $2m Reforms for ECOWAS

The African Development Fund (AfDB) has approved a technical assistance grant of two million dollars to fund research that would…

2 years ago

Bakindo, OPEC Secretary-General is Dead

Late Dr. Muhammed Barkindo The Secretary-General, Organisation of the Petroleum Exporting Countries (OPEC), Dr. Mohammed Barkindo, is dead. Mallam Mele…

2 years ago

IPMAN tells Nigerians to stop panic buying of petrol, backtracks on pump price

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has backtracked on the pump price of Premium Motor Spirit (PMS), otherwise…

2 years ago

Brokers’ three big mistakes

The business insurance world is always evolving, and thousands of insurance brokers in each market are vying for an employer’s…

2 years ago