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Nigerian Insurers Settle N4bn #EndSARS Claims

Nigerian Insurers Settle N4bn #EndSARS Claims       The Nigerian Insurers Association has said insurance companies have so far paid N4bn claims from the estimated losses from #EndSARS protests in October last year. The Chairman, NIA, Mr Ganiyu Musa, disclosed this during a virtual press briefing in Lagos...

Controversy Rages Over N4bn Airline Bailout

Controversy Rages Over N4bn Airline Bailout         There is a raging controversy over the approved disbursement of the N4 billion bailout for airline operators to reduce the effects of the COVID-19 pandemic. There have been views on what the N4bn can do to the operations of airlines....

Kaduna Constructing N4bn Mall, Targets N1.6bn Revenue Yearly

Kaduna Constructing N4bn Mall, Targets N1.6bn Revenue Yearly         The Kaduna State Government is targeting a revenue of N1.6bn from the Kaduna Galaxy Mall currently being constructed by the China Civil Engineering Construction Corporation. Managing Director, Kaduna Market Development and Management Company, Muhammed Bayero, said the mall,...

Stock Market Gains N4bn On Blue-chip Firms

Stock Market Gains N4bn On Blue-chip Firms       The Nigerian equity market on Tuesday returned to the green territory following gains recorded by some blue-chip firms despite the #EndSARS protests that are ravaging the country. The market breadth equally closed positive, recording 23 gainers against 17 losers...

Aviation Ministry, Agencies Fix N4bn For Accommodation

Aviation Ministry, Agencies Fix N4bn For Accommodation       The Federal Ministry of Aviation and its agencies will spend N4 billion for procuring the corporate headquarters building and staff accommodation in Abuja. The agencies include the Nigeria Civil Aviation Agency (NCAA), the Federal Airports Authority of Nigeria (FAAN),...

Dangote Cement Commits N4bn On Community Projects

Dangote Cement Commits N4bn On Community Projects       Dangote Cement Plc says it has committed about N4.38bn into various infrastructural projects as Corporate Social Responsibility for its 14 host communities in Yewa land in Ogun state. A statement emailed on Sunday by a media relations official of...