Workers at a construction site in Ha Noi. Construction firms now have to purchase insurance for both projects and workers. — VNA/VNS Photo Vu Sinh HA NOI (VNS)— In a move to ensure workers’ safety and regulate construction related insurance mechanism, project owners and contractors undertaking construct-ion work would now […]
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Finance and Central Bank to seek insurance remedies
Gordon Deegan Senior officials from the Department of Finance and the Central Bank are to meet to discuss measures to address weaknesses in the loss-making insurance industry. The talks between the two sides are to focus on policy initiatives suggested by Central Bank governor, Patrick Honohan for the sector. This follows […]
Saudi king to meet with Obama amid Gulf concerns over Iran deal
U.S. President Barack Obama (L) shakes hands with Saudi Arabia’s King Salman at the start of a bilateral meeting at Erga Palace in Riyadh January 27, 2015. Reuters/Jim Bourg Saudi King Salman will meet with U.S. President Barack Obama in Washington on Friday to seek more support in countering Iran, […]
Chinese ships headed home after Bering Sea sighting: U.S. Navy
Five Chinese Navy ships sighted in the Bering Sea off Alaska during a visit to the region by U.S. President Barack Obama have begun their “return transit,” the U.S. Navy’s top uniformed officer told Reuters on Thursday. Chief of Naval Operations Admiral Jonathan Greenert said he did not view the […]
Fashola shuns question on corruption allegations
Lagos State Governor, Babatunde Fashola The immediate past Governor of Lagos State, Mr. Babatunde Fashola, on Thursday refused to answer questions on the allegations of corruption levelled against him. Fashola was alleged to have spent N139m on two boreholes at the Lagos House, Ikeja, and another N78.3m for the upgrade […]
Nobody can probe me —Amaechi
Former Rivers State Governor, Mr. Rotimi Amaechi The immediate past Governor of Rivers State, Mr. Rotimi Amaechi, says no anti-corruption agency in the country can probe him. The PUNCH had reported that Amaechi along with some other former governors: Rabiu Kwankwaso (Kano); Sullivan Chime (Enugu); Babatunde Fashola (Lagos); Godswill Akpabio […]
Buhari declares 270 cattle, mud houses, N30m, others • Osinbajo worth $900,000, N94m and more
President Muhammadu Buhari and Vice President Yemi Osinbajo on Thursday made public details of their assets, which had been declared to the Code of Conduct Bureau. According a statement by the President’s Senior Special Assistant, Media and Publicity, Garba Shehu, the President has about N30m in his only bank account […]
Crashed Air Force Plane was Not Insured, Says Alonge
By Ebere Nwoji
 The Nigerian Air Force plane, Dornier- 228, which crashed into a house in Kaduna State last Saturday, killing all seven people on board had no insurance cover, THISDAY has learnt. However, the occupants of the ill-fated aircraft were said to have individually insured their lives. THISDAY gathered […]
