N’Assembly May Pass 2021 Budget December 10

The Senate and House of Representatives Committees on Appropriations are expected to turn in their report on the 2021 Appropriation Bill on Thursday. It was learnt that some standing committees have, however, yet to submit their reports on the ministries, departments and agencies.…

Experts Identify Free Zones For Economic Recovery

Experts in the financial sector have said there is need for increased focus on industrialisation and vibrant trade flows in Nigeria’s free trade zones to ensure quick economic recovery from COVID-19 challenges. They spoke at an event organised by Alaro City, the mixed-use…

Naicom To Sanction Insurance Firms Over N40bn Unpaid Claims

The National Insurance Commission (NAICOM) said it is compiling the list of insurance companies for necessary regulatory sanctions over unsettled claims which industry experts have estimated to be over N40 billion. Commissioner for Insurance, Sunday Thomas, speaking at the 2020 insurance directors’ conference…

Nigeria To Resume Fuel Imports From Niger Republic

Nigeria, Africa’s biggest oil producer, is set to resume the importation of petroleum products from a neighbouring country, Niger Republic. The Ministry of Petroleum Resources announced in a statement that the two countries signed a Memorandum of Understanding for petroleum products transportation and…
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