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The National Insurance Commission on Friday said it settled claims worth N5.5bn to aggrieved policy holders in 2016. The Head, Corporate Affairs, NAICOM, Mr. Rasaaq Salami, said in Abuja that the paid claims were as a result of complaints the commission resolved within 2016. He said, “In 2016, NAICOM successfully ...

Iran has refused visas for US athletes due to compete in an international wrestling tournament in response to President Donald Trump’s travel ban on predominantly Muslim countries, the foreign ministry said Friday. “Considering the policies adopted by the new US administration, the foreign ministry was inevitably forced to refuse travel ...

A machete-wielding man has been shot and wounded by a French soldier near the Louvre Museum in central Paris after an apparent attack on a second soldier. The individual, carrying a backpack, cried out “Allahu Akbar” according to Michel Cadot, the head of Paris’s police force. One soldier was lighty ...

Ivanka Trump’s line of clothing and shoes have been dropped by US store, Nordstrom, over a sharp decline in sales after a campaign to boycott her range. According to Seattle Times report, a Nordstrom spokesperson didn’t say whether the decision to stop buying the brand was permanent, only that they ...

Apple is to start making iPhones in India this year, a local government official said Friday, as the firm looks to tap a booming middle class as sales in China slow. The US giant has not confirmed the move, but chief executive Tim Cook said this week the company intended ...

Adelani Adepegba, Abuja The United States has said that the recent executive order on immigration by President Donald Trump would not affect Nigerians, noting that visa applicants would continue to get two-year multiple entry visas as before. It assured apprehensive Nigerians that the order on ‘Protecting the Nation From Foreign ...

Toyota Motor chief Akio Toyoda consults Prime Minister Shinzo Abe ahead of Abe’s summit with U.S. President Donald Trump, who has been critical of Japanese trade practices. The post Abe, Toyoda compare notes over dinner ahead of Trump summit appeared first on The Japan Times.

The dollar rose above ¥113 in Tokyo trading on Friday, as long-term Japanese government bond yields fell back on the Bank of Japan’s special JGB-buying operation. At 5 p.m., the dollar stood at ¥113.11-12, up from ¥112.84-85 at the same time Thursday. The euro was at $1.0756-0757, down from $1.0792-0792, ...

Sharp Corp. narrowed its full-year loss outlook after posting its first quarterly profit in more than two years, lifted by cost reductions and a turnaround in the display business. The net loss will reach ¥37.2 billion ($329 million) in the year ending March 31, the Osaka-based company reported Friday. That’s ...

Japanese government bonds swung and the yen fell as the central bank moved to reassert control over surging yields, while money market rates rose in China after officials boosted their target for a key benchmark. Japanese 10-year yields briefly erased gains and the yen dropped after the Bank of Japan ...