Yearly Archives: 2018

NAICOM mulls fresh capital base for insurance coys this year

The National Insurance Commission (NAICOM) is considering a fresh round of recapitalization for insurance companies and may likely roll out new recapitalization requirements this year. Our correspondent gathered from reliable sources that the commission, through the likely upward review of capital bases for all categories of insurance  companies, seeks to …

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FIRS records N4tr tax revenue collection in 2017 – Fowler

FIRS Chairman, Mr Babatunde Fowler. The Chairman of Federal Inland Revenue Service (FIRS), Mr Babatunde Fowler, on Monday said that the agency achieved N4 trillion as tax revenue collection in 2017. Fowler said this at the FIRS 2018 Management and Stakeholders in Lagos with theme, “Optimizing Tax Administration with Parliamentary …

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7.5m Nigerians jobless since 2016 – NBS

The National Bureau of Statistics (NBS) has said 7.5 million Nigerians were out of job between January 2016 and December 30, 2017. The bureau stated this in “Labour Force Statistics Vol. 2: Employment by Sector Report,” released yesterday in Abuja. According to NBS, out of the country’s labour population of 85.1 …

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