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Reps Summon NNPC Chief Over N3.9bn Non-remittance

Reps Summon NNPC Chief Over N3.9bn Non-remittance       The House of Representatives Committee on Public Accounts is expecting the Group Managing Director, Nigerian National Petroleum Corporation, Mr Mele Kyari, to appear before it on Thursday over an audit query issued by the Office of the Auditor...

Recapitalisation: Consolidated Hallmark Demand N3.9bn Capital Rise

Recapitalisation: Consolidated Hallmark Demand N3.9bn Capital Rise Consolidated Hallmark Insurance has revealed plans to raise its capital base from N6.1bn to N10bn in line with the National Insurance Commission directive on recapitalisation. NAICOM recently increased the minimum paid-up share capital of all classes of insurers, insurance...

NSDC Approves N3.9bn Disbursement For Local Sugar Production

NSDC Approves N3.9bn Disbursement For Local Sugar Production The National Sugar Development Council has approved the disbursement of about N3.9bn out of the National Sugar Development Fund to boost local sugar production. The disbursement is part of efforts aimed at effectively implementing the Nigeria Sugar Master...