Navigating Life’s Uncertainties: A Comprehensive Guide to Selecting the Right Life Insurance Policy

Navigating Life’s Uncertainties: A Comprehensive Guide to Selecting the Right Life Insurance Policy Introduction: Life insurance is a financial tool that provides a safety net for your loved ones in the event of your untimely demise. Choosing the right life insurance policy is a crucial decision that requires careful consideration of various factors. In this … Read more

Tinubu secures $600m investment from A.P Moller-Maersk — Presidency

A.p Moller Maersk

President Bola Tinubu has secured a $600m investment from Danish shipping and logistics firm A.P Moller-Maersk, the presidency said on Sunday. The deal is to help in expanding port infrastructure to accommodate more container shipping services in Nigerian ports. Chairman of A.P Moller-Maersk, Mr. Robert Maersk Uggla, disclosed the decision during a meeting with President … Read more

FCCPC kicks as Abuja Chinese supermarket labels all products in Yen

Fccpc Abuja

The Federal Competition and Consumer Protection Commission (FCCPC) has revealed that an Abuja-based Chinese Supermarket labelled all its products in Yen, contravening Nigerian law and constituting a violation of regulations. The acting Executive Vice Chairman of the commission, Adamu Abdullahi, in an interview with Channels TV, seen on Sunday, April 28, stated that the commission … Read more

Fuel scarcity cripples activities in Sokoto as black marketers sell petrol N2,000/litre

Fuel Scarcity

Residents of Sokoto have continued to lament the untold hardship they are subjected to following the fuel scarcity being experienced in all parts of the state that has made businesses and other activities very difficult. Commuters in the state said most filling stations are locked under the guise that they lack product to dispense, while … Read more

Indomie clears air on price reduction

Download (2)

The recent drop in the price of indomie noodles is due to noticeable improvement in the country’s economy in recent times and not linked to reduced patronage, the producer of Indomie Instant Noodles, Dufil Prima Foods Ltd., has said. Mr Temitope Ashiwaju, the company’s Group Corporate Communications and Event Manager, made the clarification in an … Read more

Senator cautions CBN against artificial measures to strengthen Naira against dollar, others 

Dollar and naira

Senator Ned Nwoko, has advised the Federal Government and the Central Bank of Nigeria (CBN) against any measures that are capable of artificially forcing the Naira to gain value against dollar and other currencies. Nwoko, who represents Delta North, gave the advice in a statement he personally signed and made available to the News Agency … Read more

Naira appreciates at parallel market as FG plans diaspora fund to attract dollars

Dollar

Nigerian currency, Naira, appreciated to N1,380 per dollar on the parallel market on Friday, posting a gain of N70 in one single day, compared to Thursday’s close of N1,450/$1. On the other hand, the the local currency weakened to N1,339.23/$1 on the Nigerian Autonomous Foreign Exchange (NAFEM) window, representing a N29.42 decline, compared to the … Read more

Building the Future: A Comprehensive Guide on How to Start Your Own Insurance Providing Company

Building the Future: A Comprehensive Guide on How to Start Your Own Insurance Providing Company Introduction: The insurance industry plays a pivotal role in safeguarding individuals, businesses, and assets against unforeseen risks. Starting your own insurance company is a significant undertaking that requires careful planning, industry knowledge, and a commitment to providing comprehensive coverage. In … Read more

Russian consortium in talks with minister to resuscitate Ajaokuta Steel

20240426 165101

Minister of Steel Development, Shuaib Audu, has engaged a consortium led by the original developers of Ajaokuta Steel Company Limited (ASCL), Tyamzhpromexport (TPE), to revive the steel plant. According to a post shared by presidential aide, Bayo Onanuga, on his X handle, on Friday, the minister met with the consortium on Thursday in Abuja. The … Read more

MRS Oil slashes diesel price

Mrs Oil Nigeria (1)

MRS Oil Plc, a major oil marketing company, Thursday , reduced the price of its diesel to N1,050 per litre, from N1,200 per litre, nationwide. The move is in response to Dangote Refinery’s recent price slash, The Dangote Refinery had earlier slashed further the prices of both diesel and aviation fuel to N940, and N980 … Read more