Business

Unions to ground Arik Air over 90% staff layoff, non-payment

Unions to ground Arik Air over 90% staff layoff, non-payment

The unfortunate series of industrial actions is not abating anytime soon as the National Union of Air Transport Employees (NUATE)…
Naira exchanges for 475/$ as Forex scarcity persists

Naira exchanges for 475/$ as Forex scarcity persists

Recently, Central Bank of Nigeria officially changed the exchange rate of the naira to the dollar from N361 to N379.…
Chevron spends $1.45bn on local content

Chevron spends $1.45bn on local content

Chevron Nigeria Limited has said it spent about $1.45bn in local content last year. This was stated in its 2019…
COVID-19: States to get $2.5m World Bank grant if they give tax relief

COVID-19: States to get $2.5m World Bank grant if they give tax relief

The World Bank will reward states with $2.5 million each in performance-based grants if they implement, by September 30, tax…
NBS releases breakdown of unemployment rate in Nigeria

NBS releases breakdown of unemployment rate in Nigeria

The National Bureau of Statistics (NBS), has released breakdown of unemployment rates in the country after a 20-month interval. The…
Risk and Economy: The Witches Infleunce (III)

Risk and Economy: The Witches Infleunce (III)

By Ade Fashola Dear Reader, I have decided to repost the episode on third party insurance since everyone is claiming…
NURTW boss harps on members commitment, dedication

NURTW boss harps on members commitment, dedication

The Chairman, National Union of Road Transport Workers (NURTW) Kaiama Local Government Branch, Alhaji Muhammed Sanni Bongo has called on…
Risk managers implore government to check impact of perennial flooding

Risk managers implore government to check impact of perennial flooding

Risk Managers Society of Nigeria (RIMSON), has called on all tiers of Government to take proactive and decisive steps against…
FG insures 89,000 employees under N15bn group life scheme

FG insures 89,000 employees under N15bn group life scheme

The Federal Government is said to have settled about N15 billion premiums under the Group Life Insurance scheme to insure…
The Insurability of Risk

The Insurability of Risk

By Ade Fashola It was a Sunday morning, exactly two days after the “Ileya” Festival, Femi came to my house…
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