Reps Investigate N600bn Monthly Revenue Loss At Lagos Ports   The House of Representatives has begun investigation into infrastructural decay at the Apapa and Tin Can Island Ports in Lagos, leading to the loss of N600bn revenue monthly. The House urged the Nigeria Ports Authority and other...

Blackout Looms As Gencos Threaten Shutdown Over N600bn Charge   Blackout is looming across the country as the electricity generation companies (Gencos) yesterday threatened to shut down power supply should the federal government refuse to disburse the N600billion intervention fund. This is coming as the African Development...

Over N600bn Spent On Education In 2018 Says Osinbajo   The federal government said yesterday that it had so far spent over N600bn on education sector in 2018, saying that in spite of the difficult economic situation, President Muhammadu Buhari made sure that education was not...

Power Gencos Gear Up For Force Majeure Over N600bn Debt Electricity generation companies (Gencos) in Nigeria’s power sector may be forced to declare force majeure on their operations anytime soon on account of accumulated debts owed them by the market since 2013, a document seen...

Insurance Premium To Hit N600 Billion In 2020   Insurance sector overall premium will rise to N600billion by the year 2020, if the industry operators are keen on development of micro insurance segment. This view was expressed by the Head Retail Business Development, Leadway Assurance, Mr. Tunji...