Reps Question Firm For Insuring Immigration’s Grounded Aircraft       The House of Representatives on Wednesday grilled the management of Northlink Insurance Brokers Plc for insuring two grounded aircraft belonging to the Nigerian Immigration Service. The aircraft insured for N198.5m and for which a renewal premium of N13,409,800...

SEC says N29bn Claimed Via Accounts Harmonization The Securities and Exchange Commission has stated that about N29bn of unclaimed dividends have been claimed by investors through the introduction of harmonization of multiple accounts. The SEC introduced the regularisation of multiple accounts in 2015 where it requests...

Private Sector Shuns Reps Hearing On Buhari’s Aviation Bills       Relevant stakeholders especially in the private sector were conspicuously absent from a public hearing organised by the House of Representatives on six executive bills on the aviation sector on Tuesday. The Speaker, Femi Gbajabiamila, while declaring the...

House’ll Pass PIB Within Six Months - Gbajabiamila         The Speaker of the House of Representatives, Femi Gbajabiamila, has said the House is determined to pass the Petroleum Industry Bill within the next six months. Gbajabiamila said the House would ensure that it passed a PIB that...

Kyari ,Sylva Shun Budget Defence Meeting With Reps         The Minister of State for Petroleum Resources, Timipre Sylva; and the Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari, on Monday, failed to appear before the House of Representatives. Sylva and Kyari, among others, were...

Reps Summon Kyari, Emefiele, Allege N3.2trn, Others Unremitted         The House of Representatives has summoned the Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari; and the Governor of the Central Bank of Nigeria, Godwin Emefiele, over non-remittance of $19.25bn (approximately N3.24tn) revenue that...