The Nigerian National Insurance Commission (NAICOM) recently took a decision that may serve as a final step to save identified weak firms in the system from total collapse. The commission, was said to have written administrative letters to insurance firms that are presently undergoing financial challenges as revealed by published financial reports, guiding them on… Continue reading Nigeria’s NAICOM Moves to Save Weak Insurance Firms from Collapse
Nigeria’s early gains which saw it reclaiming about N136 billion transit cargoes from neighbouring countries like Togo and Benin Republic may be eroded as the port of Cotonou has signed a management agreement with the Port of Antwerp to manage and modernize its port facilities. Stakeholders in the Nigeria’s maritime industry said the move could… Continue reading Nigeria Risks Losing N136b Gain of Transit Cargoes
THERE are indications that the Small and Medium Enterprises, SMEs, in Nigeria would be key beneficiaries of the recent executive orders rolled out by the Presidency for ease of doing business in Nigeria. Nigeria’s Acting President, Prof. Yemi Osinbajo, on May 18, 2017, signed three Executive Orders aimed at facilitating the ease of doing business,… Continue reading How Nigeria’s Presidential executive orders impact entrepreneurship.
It is projected that the revenue in Nigeria this year for the internet of things would be about $93m. This was made known by the managing director of Ericsson Nigeria, Mr Rutgar Reman as published in Thisday of June 26, 2017. Quoting a report from the International Data Corporation, he also said “with a revenue… Continue reading NIGERIA’S INTERNET OF THINGS (IOT) REVENUE HITS $93 MILLION