Labour

NAICOM releases new guidelines to strengthen industry’s operations

The National Insurance Commission (NAICOM) has released new guidelines to address underwriting challenges. The areas covered are distribution, insurance product innovation, policy and claims servicing. Other areas covered by Insurance Regulatory Sandbox Regulatory Guidelines, are market conduct guidelines for Takaful, Retakaful insurance operators, enterprise risk management framework for Takaful. According[Read More…]

2,246 Nigerians evacuated from Sudan – NiDCOM

Nigerians in Diaspora Commission (NiDCOM) said a total of 2,246 Nigerians have so far been evacuated from Sudan. Head of Media, Public Relations and Protocols Unit of NiDCOM, Mr Abdur-Rahman Balogun, stated this on Friday in Abuja, while giving updates on the Federal Government’s evacuation efforts since May 3. He[Read More…]

NECA wants Govt to stop new taxes

The Nigeria Employers’ Consultative Association (NECA) has advised the Federal Government to suspend its new excise duty, taxes and levies. Its Director-General, Adewale-Smatt Oyerinde, in a statement, noted that the increases, if implemented, would be counter-productive, as they would aggravate the rate of unemployment, encourage smuggling, discourage foreign direct investment[Read More…]

NUEE calls for state of emergency in power sector

‌…Condemns increase in tariff The National Union of Electricity Employees (NUEE) has called on the President-elect, Asiwaju Bola Ahmed Tinubu, to, on assumption of duties, declare a state of emergency in the power sector, describing its privatisation as a fraud. Speaking with The Nation, the President of the union, Comrade[Read More…]

NIMASA appoints Obasanjo-Akande, Amakulo as directors

… promotes 22 others The Governing Board of the Nigerian Maritime Administration and Safety Agency, (NIMASA) has approved the appointment of Mrs Olubusola Obasanjo-Akande and Christopher Amakulo as directors. In a statement, the board disclosed it had also approved the promotion of 22 assistant directors to deputy directors, 86 chiefs[Read More…]