'How Aviation Firms Shared N5bn Bailout Fund'         Exactly N4,995,999,999.90 was disbursed to the aviation industry following the N5bn COVID-19 palliative the Federal Government pledged to support the sector. According to a document obtained by our correspondent, ground handling companies, scheduled and non-scheduled airline operators; the National...

Fed Govt Releases N5bn Aviation Bailout         After about two months of waiting, the federal government has finally released the N5 billion for the aviation industry. While N4bn went to airlines, N1bn was given to other allied service providers like the ground handling firms, caterers, and...

Two Months After, Airlines Await N5bn Bailout       Almost two months after the federal government approved a N5 billion bailout for the aviation sector, operators are worried over the delay in its release, even as many airlines and allied businesses are on the brink of collapse. The...

We’ve Recovered Missing N5bn NHIS Funds – Sambo         The Executive Secretary, National Health Insurance Scheme, Prof. Nasir Sambo, has said the institution has recovered N5bn funds missing from the scheme. He also said the NHIS had capacity to recover more missing funds. Sambo said this while delivering...

FG Grants Yola Disco N5bn Loan To Procure 85,000 Meters         The federal government has granted the Yola Electricity Distribution Company (YEDC), a N5 billion loan for sourcing of 85,375 meters for its customers. In December last year, the government said it was taking over the Disco...

Stock Market Advances With N5bn Gain       The bulls maintained their grip on the market activities, following gains recorded majorly by blue-chip stocks as investors positioned to leverage undervalued stocks. The key market performance measures, the NSE All Share Index and market capitalisation rose by 0.03 per...