EndSARS: Insurers Pay N11bn Claims To Cover Losses The Nigerian Insurers Association has said insurance companies have paid N11bn claims on losses suffered during the 2020 #EndSARS protest. The Chairman, NIA, Mr Ganiyu Musa, disclosed this at a press briefing in Lagos. “As at January, insurers have...

Reps Probe N1.2trn Unclaimed Funds In Banks   The House of Representatives’ Ad Hoc Committee on Unclaimed Funds in the Nigerian Commercial Banks and Infractions by the Central Bank of Nigeria has begun investigation of funds stuck in commercial banks due to the alleged failure to...

FG Shops For N5.9trn To Deliver Multiple Rail Projects As China Ditters With a protracted delay from China in opening up funds for Nigeria, the federal government is turning to the British market where it expects to raise $14.4 billion (about N5.993 trillion) at least...

  By Abdulrahman Abdulraheem  The PAMO University of Medical Sciences, located in Port Harcourt, Rivers state capital, has been thrown into turmoil and uncertainty over a major disagreement between the management of the School and parents of the students.  Parents are up in arms against the Management...

The Senate Committee on Public Accounts has cleared the Bureau of Public Enterprises (BPE) of allegations of financial impropriety brought against it by the Office of the Auditor General of the Federation (OAuGF). This is contained in a statement issued by Mr Ibeh Chidi,...

Fed Govt Gives N250bn Sukuk Bond To Three Ministries   The Federal Government has given a cheque of N250bn from Sukuk bond to three ministries for the implementation of capital projects across the country. These are the Ministry of Works and Housing, Ministry of Federal Capital Territory,...