Monetary

‘Local Insurers Lose $60m Yearly To Foreign Vessels’

'Local Insurers Lose $60m Yearly To Foreign Vessels'   An Executive Partner, Alfam Insurance Plc, Gbolaham Adu, has said indigenous insurance companies lose about $60m of potential annual revenue to their foreign counterparts. According to him, this is because foreign-owned tankers lifting crude in the nation do...

N1.24bn Approved For Gratuities and Death Benefits By El-Rufai

N1.24bn approved for gratuities and death benefits by El-Rufai Kaduna state governor Nasir El-Rufai has approved N1.24 billion for the payment of gratuities and death benefits to state workers and their dependents. Currently, all state and local government retirees and the families of deceased beneficiaries that...

We Spent over N2.7bn on Dala Dry Port – Ganduje

We Spent over N2.7bn on Dala Dry Port - Ganduje Governor of Kano state, Dr Abdullahi Umar Ganduje, has revealed that the state government spent more than 2.7 billion naira on the Dala Inland Dry Port in the state. Speaking while unveiling the Logo in Abuja,...

Pension Assets Rose By N190bn In January, Now N13.61trn

Pension Assets Rose By N190bn In January, Now N13.61trn   The total assets under the Contributory Pension Scheme rose by N190bn in January, figures from the National Pension Commission have revealed. PenCom disclosed this in its report titled, ‘Unaudited Report on Pension Funds Industry Portfolio; Approved Existing...

Illicit Financial Flows Threaten Africa’s Attainment of SDGs – ICPC Boss

Illicit Financial Flows Threaten Africa’s Attainment of SDGs - ICPC Boss By Abdulrahman Abdulraheem The Chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), Prof. Bolaji Owasanoye, SAN, has warned that corruption and illicit financial flows may threaten Nigeria’s and Africa’s ability to...