The Nigeria Labour Congress says NNPC must fix the country’s refineries in order to cut down on the importation of refined petroleum products by NNPC into Nigeria before any fuel price hike. The Deputy President, NLC,...
Okechukwu Nnodim, a reporter with PUNCH newspaper, has been kidnapped by unknown gunmen from his residence at Kubwa, a suburb in the federal capital territory (FCT). A four-man gang was said to have gained access to...
The Asset Management Corporation of Nigeria will soon launch a multibillion naira airline by pooling together its aviation assets especially planes in debt-ridden Arik Air and Aerocontactors Airlines. According to PUNCH reports, the new international airline,...
Default on loans with collateral worsened in the fourth quarter of 2020, according to the Central Bank of Nigeria, a report by PUNCH shows. The statistics department of the CBN disclosed this in its fourth quarter...
Some 14 insurance companies may have to pay about N9.7bn claims to customers that suffered losses in the #EndSARS protests in the country in October. The Director-General, Nigerian Insurers Association, Mrs Yetunde Ilori, has confirmed that...
State governments have had N180.4bn reduction in their internally generated revenues and the allocations they received from the Federation Accounts Allocation Committee. An analysis of various IGR and FAAC reports obtained from the National Bureau of...