Maritime

Ugborodo community expresses support for Maritime University’s location

Ihesiulo Grace 20 January 2018 0

The people of Ugborodo Community in Warri South West Local Government Area of Delta State have said that they are satisfied with the current location of the Nigerian Maritime University, Okerenkeko and urged President Muhammadu Buhari to speed up its take off. The Maritime University, in

Business

Intel : Meltdown, Spectre vulnerabilities to be fixed by end of January

Ihesiulo Grace 16 January 2018 0

Intel CEO Brian Krzanich has hinted that Intel chips with known security holes related to Meltdown and Spectre will get the security fix, adding that the update rollout will be completed by the end of January, 2018. The Intel CEO said in a keynote at the CES 2018 in Las Vegas that Intel chips released […]

Business

China subjects Russian crude to new tests

Ihesiulo Grace 16 January 2018 0

China on Monday started using new standard to measure water content in the imported pipeline crude oil from Russia to better safeguard China’s economic interest, state energy giant — CNPC — said on Monday. Chinese quality inspectors found that the Russian way of measuring the water content showed a much lower quantity in the crude […]

Business

Minister predicts better economy in 2018

Ihesiulo Grace 16 January 2018 0

*Says investment potential abounds in mining, industry Minister of Budget and National Planning, Sen. Udoma Udo Udoma, has assured Nigerians that the economy would be better in 2018. Udoma gave the assurance in a statement signed by his Media Adviser, Mr. Akpandem James in Abuja. The News Agency of Nigeria(NAN) reports that Udoma spoke at […]

Insurance

Why Swiss Pharma Nigeria shut down – MD

Ihesiulo Grace 15 January 2018 0

The Managing Director of Swiss Pharma Nigeria Limited, Mr. Gaby El Khoury has explained that the recent closure of the pharmaceutical company was carried out to safeguard the company’s properties and prevent any form of hostility by some of its staff. In a statement at the weekend, Khoury explained that upon the acquisition of Swiss […]

Insurance

Two new digital insurance cos seen starting in 2018

Ihesiulo Grace 15 January 2018 0

A reduction in the capital required for new insurance companies will make it easier for new entrants to the market. Two digital insurance companies are set to receive approval and to start business in the first half of 2018. Sources inform “Globes” that these are two separate groups each led by a former CEO of […]

Insurance

A.M. Best downgrades credit ratings of Jordan Insurance

Ihesiulo Grace 15 January 2018 0

A.M. Best has downgraded the Financial Strength Rating (FSR) to B+ (Good) from B++ (Good and the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb-” from “bbb+” of Jordan The outlook of the Long-Term ICR has been revised to stable from negative, while the outlook of the FSR remains stable. The Credit Rating (rating) downgrades […]

Tourism

Yuletide: Nigerian tourist sites to visit

Ihesiulo Grace 29 December 2017 0

In spite of the ongoing fuel crisis, the festive period provides great opportunity for people to tease off. Undoubtedly, some historical– cum tourist sites across the country could be visited by Nigerians of all ages and sexes during this year’s Christmas and New Year festivities. No doubt, Nigeria is rich cultural heritage. It can boast […]