OTHER BUSINESSES

Insurance professionals across the country are planning to harness insurance opportunities in the economic diversification of the country from oil to other lucrative sectors. The diversification plan, according to operators, will create new business window for underwriting firms to explore and make more profit, adding that this would form the...

SIFAX Group, a multinational corporation with diverse interests in maritime, aviation, haulage & logistics, oil & gas and hospitality, has disclosed the major reasons for sitting its newly-opened RoRo terminals outside the port environment. As part of the one-stop-shop vehicle importation service launched by SIFAX Group recently, the company has...

Budding entrepreneurs who attended the first edition of the Nigerian Small Business Summit on the 24th August at the Landmark event centre were warned to stay away from bank loans at the start of their businesses. Mr. Kushal Dutta, Managing Director of Africa’s number one hotel booking portal Jumia Travel...

Former Super Eagles skipper, Joseph Yobo, has signed for Kano Pillars Football Club as a player. As a way of promoting and adding value to the local league and further make it more competitive, the deal makes him an ambassador of the League Management Company (LMC) and this  will see...

Standard Bank, Africa’s largest bank by assets, is partnering with international news and events provider TMT Finance for the inaugural TMT Finance Africa Conference 2016, which is holding in Lagos and is bringing together the leading decision makers in African telecoms, media and technology (TMT) to Lagos on September 20,...

Nigeria’s tourism and hospitality industry might overtake the downstream sector by 2021 if the recently launched African Union (AU) passport is adopted by the country’s legislators. The Country Manager of Jumia Travel Nigeria, Mr. Kushal Dutta said the Pan-African Passport will allow free movement of domestic tourists into the country....

Hotel and gaming group Sun International becomes the latest South African company to pull out of Nigeria because of weak economic growth and clashes with regulators in the country. In January, the Economic and Financial Crimes Commission (EFCC) launched a probe into Sun International's initial investment in the Tourist Company...

The Kastina State Government in North West Nigeria has pledged to support the standardisation campaign, a cardinal tool employed by the Standards Organisation of Nigeria (SON) to raise awareness and improve competitiveness of Nigerian products. The Governor of Katsina State, Aminu Bello Masari, made the call when the management team...

Royal Exchange Plc said, over the weekend, it generated a Gross Written Premium of N8.43 billion from its business activities in the first half of the 2016 financial year, representing an increase of 34 per cent over the figure of 2015, which stood at N6.28 billion. A statement from the...

New Chairman of Nigerian Insurers Association (NIA), Mr. Eddie Efekoha, has promised to embark on massive insurance awareness campaign to aid insurance penetration and acceptance in the country. Efekoha, who made the pledge at his investiture as the 22nd Chairman of the association in Lagos, noted that it was imperative...