Insurance sector to thrive better under the present administration, Admits impact of Forex on sector…NAICOM

The Commissioner for insurance and Chief Executive Officer, National Insurance Commission (NAICOM), Mr Olorundare Sunday Thomas, has expressed optimism that insurance industry in Nigeria would perform much better under the administration of President Bola Tinubu. Speaking at a two-day seminar for financial journalists in Uyo, Akwa Ibom State, Mr Thomas who noted the impressive strides […]

President Bola Tinubu has approved the suspension of five percent Excise Taxon telecommunication services in Nigeria.

President Bola Tinubu has approved the suspension of five percent Excise Taxon telecommunication services in Nigeria.The President also approved the suspension of Excise Duties escalation on locallymanufactured products in the country.Speaking with newsmen yesterday, in Abuja, Special Adviser to the President onSpecial Duties, Communication and Strategy, Dele Alake, said the suspension wereparts of four Executive […]

NARD has issued a fresh two-week ultimatum to the Federal Government

The Nigerian Association of Resident Doctors (NARD) has issued a fresh two-weekultimatum to the Federal Government over the implementation of a 200% incrementin the salary structure of its members, amongst other demands.The resident doctors reached the resolution on Wednesday at a virtual ExtraordinaryNational Executive Council Meeting (E-NEC) to appraise the level of implementationof the Memorandum […]

House of Rep. has set up an Adhoc Committee to investigate the alleged manipulation of the 2023 UTME Result

The House of Representatives has set up an Adhoc Committee to investigatethe alleged manipulation of the 2023 Unified Tertiary Matriculation Examination(UTME) result by Mmesoma Ejikeme.The House also directed the Joint Admissions and Matriculation Board (JAMB) tosuspend further actions on the matter until the investigation is concluded.The directive followed a motion raised at plenary yesterday, by […]

NEMA says at least 12 states and 31 communities, may experience FLOODING

The National Emergency Management Agency (NEMA), says at least 12 statesand 31 communities, may experience FLOODING due to HEAVY RAINFALL acrossthe country between July 4 and July 8.A statement signed by Ibrahim Farinloye, Territorial Coordinator, NEMA, LagosTerritorial Office, urged relevant stakeholders to take precautionary measures toforestall loss of lives and property.NEMA said the States and […]

President Tinubu, has told the Presidential Election Petition Court (PEPC),that Peter Obi, was not qualified to contest the 2023

President Tinubu, has told the Presidential Election Petition Court (PEPC),that his counterpart in the February 25 presidential election, Peter Obi, was notqualified to contest the 2023 General elections under the Labour Party (LP).Obi and his Party are challenging the declaration of Bola Tinubu as winner of the2023 Presidential election.Tinubu, through his team of lawyers, led […]

President Bola Tinubu has backed the implementation of a $5bn FloatingLiquefied Natural Gas (LNG) project in the country.

President Bola Tinubu has backed the implementation of a $5bn FloatingLiquefied Natural Gas (LNG) project in the country.Addressing newsmen yesterday after a meeting with the President, leader of thedelegation of joint venture partners, Julius Rone, said the project has the capacityto generate 7,000 direct jobs and produce 300,000 tons of LPG every year.The President gave […]