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Insurance consumers are accusing underwriting firms in the country of poor customer relationship, urging them to improve in this regard. Insurance policyholders, who spoke at the 2016 Insurance Consumers Forum organised by Almond Production Limited in Lagos, noted that most companies don't remind policyholders when their policies expire, while most...

Stanbic IBTC, a member of Standard Bank Group, has said it plans to increase its allocation to the agricultural sector, given the importance of the sector to job creation and economic prosperity and growth. Chief Executive of Stanbic IBTC Holdings PLC, Mrs. Sola David-Borha, reiterated this commitment at the 2016...

Insurance experts are advocating for increased awareness on Takaful Insurance to increase the knowledge of Nigerians on it and how it is helpful to their well being. The experts, who spoke at the Takaful Insurance Symposium organised by Noor Takaful Plc in Lagos, said Takaful insurance is an inclusive product...

Oil prices fell more than one percent on Wednesday as a report showing a surge in U.S. crude stocks, rising production in Nigeria and squabbling among producers about a planned output cut re-ignited concerns about a global supply glut. According to Reuters’ report monitored by Business247 News Online, brent crude...

The Group General Manager, Group Public Affairs Division of Nigerian National Petroleum Corporation (NNPC), Garba-Deen Muhammad, on Tuesday said that there was no plan to increase the pump price of petrol. It would be recalled that the Group Managing Director, Crude Oil Marketing of the corporation, Mele Kyari, was in...

The Nigerian National Petroleum Corporation (NNPC) has said it can no longer sustain the sale of petrol at N145 per litre. Recall that Labour last month warned against increment in pump price. Speaking yesterday, Group General Manager, Crude Oil Marketing of the NNPC, Mele Kyari, said with the current price...

Air traffic controllers have declared a state of emergency on the communication facilities at the nation’s airports “in view of their epileptic conditions and the danger posed to air travel.’’ “We are heavily disturbed by the deplorable state of the communication facilities; in view of their relevance to airspace travel,...

Chief Executive Officer, Stanbic IBTC Bank Holdings Plc , Mrs Sola David-Borha, has called on governments at all levels, organized private sector, farmers and financial institutions to embrace agriculture in a sustainable manner to ensure that Nigeria through increased output will find its way out of the present economic recession...

South African mobile phone operator MTN Group has suspended dividend payouts from its Nigerian unit, it said on Monday, amid allegations that it illegally moved $14 billion out of the country. "MTN Nigeria continues to refute the allegations that MTN Nigeria had improperly repatriated funds from Nigeria," it said in...

The 2016 edition of the Med-view NUJ Media Games is expected to kick-off today, Monday 24th of October, at the National Stadium Surulere, Lagos. The Games, which is also co-sponsored by a soft drink making company, BIG Cola, will see 16 media chapels competing in the football category, while there...