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GLOBAL INSURTECH INVESTMENT REACHES NEW HIGH AT $10.5 BILLION

With a few months left to round up 2021, the year has witnessed a record-breaking $10.5 Billion investment in the insurance technology start-ups, surpassing the $10 billion mark for the first [...]

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NO FX FOR BARITE AS FG TO BAN IMPORT

Barite is indicated as a high gravity mineral used as sludge in the oil and gas industry to stop explosion of gas during drilling. It is mostly used by the oil and gas industry in Nigeria and [...]

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PETROL SUBSIDY REMOVAL WON’T SPIKE NIGERIA’S INFLATION RATE- BISMARCK REWANE

Contrary to the notion that the removal of Nigeria’s much-talked-about petrol subsidy will lead to a spike in the country’s inflation rate, Bismarck Rewane, the CEO of FDC said West African [...]

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BAD GOVERNANCE, POOR INFRASTRUCTURE DENYING MANUFACTURERS OF AFCFTA BENEFITS – MAN

Manufacturers Association of Nigeria says bad governance and the lack of critical infrastructure in Nigeria are the biggest challenges facing the sector and could deny manufacturers of competing [...]

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FACEBOOK CHANGES NAME TO META

Facebook is changing its name to Meta, Mark Zuckerberg said on Thursday at the company’s Connect event. According to Zuckerberg, the name Facebook does not fully represent what the company does [...]

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EXPERTS ADVOCATES EFFICIENCY IN HEALTH SECTOR VIA DIGITAL TECHNOLOGY

PharmAccess Country director Nigeria, Njide Ndili, In a report said ” Digital transformations can improve health for all people around the world, but this is only possible if digital [...]

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WORLD BANK DISAGREES WITH CBN ON MULTIPLE EXCHANGE RATES, OTHERS

The World Bank has said it disagrees with the Central Bank of Nigeria on how it is going about to achieve its price stabilisation objective. The Country Director for Nigeria, World Bank, Shubham [...]

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GOOGLE PARTNERS UNESCO TO BOOST DIGITAL JOURNALISM IN AFRICA

Search giant, Google, has launched the Global Initiative for Excellence in Journalism Education to enhance practitioners’ training in Africa. The announcement was made during the inaugural Google [...]

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LAGOS LAUNCHES MASS VACCINATION CAMPAIGN AGAINST COVID-19

Lagos State Governor Babajide Sanwo-Olu has launched a statewide mass vaccination campaign against COVID-19 pandemic in the state to mitigate the potential damage that the further spread of the [...]

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PPMC SAYS NIGERIA WILL SAVE N12 TRILLION IN 4 YEARS WITH REMOVAL OF PETROL SUBSIDY

The Petroleum Product Marketing Company (PPMC) said that the implementation of full deregulation of the downstream sector of the petroleum industry will save Nigeria the sum of N12 trillion in 4 [...]