Archives for April, 2019 - Page 10
Pension Increment Arrears: FG Approves N2.6bn
The Pension Transitional Arrangement Directorate (PTAD) has approved the payment of the final tranche of the six months’ arrears of 33 per cent pension increment to pensioners.…
Shell Leads IOCs in Local Content- NCDMB
The Nigerian Content Development and Monitoring Board (NCDMB) on Sunday recognized Shell as the most impactful International Oil Corporation (IOC) on Local Content Initiatives in the…
AIICO Launches Free Entrepreneurship Development Programme
By Ngozi Onyeakusi ---AIICO Insurance Plc has launched a free Entrepreneurship Development Programme. As a socially responsible organization, AIICO seeks to contribute to nation building by…
Marine Club Urges FG to Implement Cabotage, Local Content Laws
Mr Chinedu Jideofo-Ogbuagu, the President of the Marine Club of Nigeria (MCN) has urged the Federal Government to implement the two major maritime laws that would boost…
Fidson Healthcare Set To Rake In 73.5% pre-tax profit growth in 5 years
Fidson Healthcare Plc has disclosed plans to grow its pre-tax profit by percent in the next five years to billion from billion at the end of…
Nigeria Debt Stock: Lagos, Edo, Kaduna, Cross River Top List
The Debt Management Office (DMO) has disclosed that four states out of the 36 states of the federation namely, Lagos, Edo, Kaduna and Cross River accounted for the…
Over 20 Million Bags Of Rice Smuggled Into Nigeria In 3 Months, RIPAN Laments
The Rice Processors Association of Nigeria (RIPAN) has raised an alarm that over 20 million bags of foreign rice, equivalent of one million metric tons, have been…
DMO Proposes N1.648 Trillion Borrowing Plan For 2019
The Debt Management Office (DMO), On Thursday released a proposed borrowing plan of N trillion for 2019 financial year, subject to the approval of the National Assmebly.…
NDIC recovers N29bn from liquidated banks
The Nigeria Deposit Insurance Corporation says it has so far recovered N29bn from debtors of liquidated deposit money banks, microfinance banks and primary mortgage banks in the…
Dangote refinery’ll improve Nigeria’s trade balance by $2bn yearly –IMF
The International Monetary Fund has said the crude oil refinery being built by Dangote Industries Limited will improve the trade balance by $2bn per year after coming…