The Lagos Chamber of Commerce and Industry (LCCI), the premier chamber of commerce in Nigeria has commended the Federal Government’s removal of fuel subsidy as it will grow the country’s economy. Unfortunately, previous regimes had shied away from this grave but nation-building decision. It is, however, noteworthy that industry regulators[Read More…]
A Civil Society group, Save Nigeria Movement has said the eligibility conditions and process for granting permanent residency status or Nigerian citizenship to a foreigner could only be reviewed through a constitution amendment. I will therefore urge the relevant institutions of state to reconsider this in the next effort at[Read More…]
Organised labour, under the aegis of Trade Union Congress of Nigeria (TUC) and Nigeria Labour Congress (TUC) in solidarity with the Road Transport Employers Association of Nigeria, (RTEAN) on Wednesday staged a peaceful protest to the office of Governor Babajide Sanwo-Olu of Lagos State in Alausa, Ikeja to register their[Read More…]
The leadership of National Pension Commission (PenCom) has urged the general public to disregard an online publication of a recruitment exercise being circulated, saying that it’s misleading. PenCom in a release statement by it’s management titled: Disclaimer said the publication is entirely false, saying that no such exercise is underway.[Read More…]
The Federal Government has condemned the attack on the motorcade of staff of United States (U.S.) Consulate in Nigeria by gunmen in Ogabru Local Government Area (LGA) of Anambra which left four people dead. The Ministry of Foreign Affairs condemned the attack in a statement by the ministry’s Spokesperson, Francisca[Read More…]
Minister of Transportation, Alhaji Muazu Sambo, has urged members of staff of the Nigerian Maritime Administration and Safety Agency (NIMASA) to double their efforts to ensure improved service delivery and economic development. Sambo gave the advice while inaugurating the new NIMASA Abuja Liaison office on Tuesday. He said that establishing[Read More…]
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…]
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…]
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has unveiled an Industry Digital Automated Portal (IDAP) for monitoring and reporting of the Host Community Development Trust (HCDT). The commission said the platform was developed for transparent administration of the host communities as provided by the Petroleum Industry Act (PIA) 2021. The[Read More…]
The Standards Organisation of Nigeria (SON) has unveiled a technology solution known as Product Authentication Mark (PAM), to curb influx of substandard products into the Nigerian market. The Director-General of SON, Malam Farouk Salim stated this at a sensitisation meeting with stakeholders in Port Harcourt. He said the technology is[Read More…]
