• Nigeria

    Compulsory insurance’ll enhance safety of cities – LCCI

    Nike Popoola The Chairman Insurance Group, Lagos Chamber of Commerce and Industry, Mr. Gboyega Olanbiwoninu, has said that full implementation of the compulsory insurance policies will boost the safety of cities. He said this during an insurance stakeholders’ forum organised by the LCCI Insurance Group in Lagos. A statement from ...

  • Nigeria

    Sukkuk is stealth jihad, Christian leaders insist

    Adelani Adepegba, Abuja The National Christian Elders Forum has described the Sukkuk bond as illegal, unconstitutional and a stealthy way of Islamising the country. The NCEF Chairman, Chief Solomon Asemota, in a statement on Sunday explained that proponents of the Sharia-compliant finance often conveyed the false impression that Sukkuk is an ...

  • Nigeria

    ‘Amend rent law, regulate agency fees’

    Sesan Olufowobi A lawyer, Mr. Kabir Akingbolu, has called on the Lagos State Governor, Akinwunmi Ambode, to initiate the process of amending the Lagos State Rent Control Law to regulate fees chargeable by property agents as commissions. Akingbolu, in a letter to the governor, which he made available to journalists ...

  • Nigeria

    SPE: Nigeria spends over $10m daily on fuel import

    ABOUT $10 million (about N3.6 billion) is spent on petroleum products import daily, the Society of Petroleum Engineers (SPE) has said In the Organisation of Petroleum Exporting Countries (OPEC), Nigeria is the sixth largest producer of crude oil but depends on refined product imports to oil the engine of the ...

  • Nigeria

    Merger: World’s largest brewer to increase Nigerian equity stake to 75.1%

    The world’s largest brewer Anheuser-Busch InBev will increase its majority equity stake in its Nigerian main business, International Breweries Plc, to 75.1 per cent. This will happen after ongoing consolidation of its businesses in the country into a single entity. Anheuser-Busch InBev has already received the regulatory approvals from the ...

  • Nigeria

    Financing Nigeria’s $3trn Infrastructure Deficit

    As Nigeria strives to rebuild its economy, experts have continued to hammer on the need for building infrastructure that would trigger business growth and the development of the country.However a critical part of building infrastructure in Nigeria that has always been a challenge is financing. BUKOLA IDOWU, OLUSHOLA BELLO and ...

  • Israele

    Israel's TAT Technologies wins contract for $40 million from unnamed foreign airline

    Business in Brief | Elsztain moves forward with plan to buy IDB’s Discount Investments stake ■ ReWalk shares on plans for $15 million share offering ■ Fox-Wizel brings in Reshet Network as partner for new Terminal-X ecommerce site ■ Tel Aviv shares start new Jewish year lower

  • USA

    UN Migration Agency assists newly displaced from Hawija operations

    Source: International Organization for Migration Country: IraqUpon arrival, families are assigned a tent and given two kits: a Rapid Response Mechanism kit from a local NGO; and an NFI kit from IOM. A doctor is also present to identify health needs.Military operations to retake Hawija district and surrounding areas, which began ...

  • USA

    Somalia launches Post Disaster Needs Assessment and Resilience Framework to analyze the recurrent impact of drought

    Source: UN Development Programme Country: SomaliaThe assessment and framework will be a vital first step in enabling Somalia to transition from humanitarian intervention towards sustainable recovery and disaster preparedness.Mogadishu, September 19, 2017. At a meeting in Mogadishu on Monday the Federal Government of Somalia launched a Post Disaster Needs Assessment (PDNA), ...

  • Corea del Sud

    Bertens grijpt in Seoul achtste WTA-titel in het dubbelspel

    Kiki Bertens heeft alweer haar achtste WTA-titel in het dubbelspel binnengesleept. De Wateringse was in Seoul met haar partner Johanna Larsson te sterk voor het Thaise duo Luksika Kumkhum en Peangtarn Plipuech.