Despite Economic Challenges, Insurance Sector Recorded 6.2% Growth In Q1, 2022   The National Insurance Commission (NAICOM), has said that in spite of macro economic challenges which has bedeviled businesses in Nigeria, insurance sector recorded a year-on-year growth rate of 6.2 per cent at the end...

Audit Report: NSITF Under Fire In Senate Over N17.2bn Transfer   The present and past management of the Nigeria Social Insurance Trust Fund have come under fire in the Senate for failing to justify its spending of N17.158 billion in 2013 with required evidential documents, some...

$400m Required to Complete Abandoned Millennium Tower - FG The federal government has disclosed that $400 million would be needed to complete the Millennium Tower which construction began in 2005. The Minister of Information and Culture, Alhaji Lai Mohammed revealed this when him and the FCT...

Fed Govt To Auction Gas Flare Sites Via Bids   The Federal Government on Sunday announced that it was carrying out a study to identify suitable gas flare sites for auction and that it would issue flare sites to technically competent companies through a competitive bid...

Nigeria’s Debt To World Bank Increases By $660m The total debt owed to the World Bank Group by Nigeria rose by $660m in the first six months of 2022. This is according to data from both the Debt Management Office and the financial statements of the...

How FG Recovered N3.2bn Foreign Loot in 14 Months - Malami The federal government recovered over N3.2bn (£6,324,627.66) of stolen monies from various jurisdictions globally from March 2021 to May 2022. This is as it generated a total of N1.82bn from the sale of bid forms...