Archives for February 7, 2025
FG reawards 2nd Niger Bridge bypasses, fast- tracks Lagos-Calabar, East-West road projectsÂ
The Federal Government has approved the reaward of two critical bypasses on the 2nd Niger Bridge, linking the Asaba-Benin and Enugu-Onitsha dual carriageways. The Minister of Works, Dave Umahi, made the…
Nigeria’s Per Capita Income Plunges To $835.49 — IMF
 BY NGOZI ONYEAKUSI I  Despite a positive forecast of per cent for Nigeria’s economic growth, new data from the International Monetary Fund (IMF), revealed yesterday, that the country’s per capita…
Fed Govt pegs interest on N1tr housing loans at 12%Â
 The Federal Government has announced a N1 trillion real estate funds aimed at facilitating home ownership through the provision of low-interest loans at a 12per cent interest rate. This initiative…
Claims Settlement: NAICOM Vows To Deal With Erring Firms
BY NGOZI ONYEAKUSI L-R Corps Marshall Shehu Mohammed, Federal Road Safety Corps (FRSC) and Commissioner for Insurance, Mr. Olusegun Ayo Omosehin, National Insurance Commission (NAICOM The National Insurance Commission (NAICOM)…
NNPCL Retail to procure 500 CNG fuel trucksÂ
The Nigerian National Petroleum Company Limited (NNPCL) Retail is set to buy 500 Petroleum trucks that would be deployed for product transportation services by the end of the second quarter of the…
Tariff Hike: Manufacturers Demand DisCos Review
BY NGOZI ONYEAKUSI Â The Manufacturers Association of Nigeria has called on the Federal Government to review the performance of electricity distribution companies in light of their investment in distribution infrastructure,…
PSC’s order on police retirement transformative, fair, says Group Â
...Insists Egbetokun's tenure extension legal BY NGOZI ONYEAKUSI A socio-political group, the Citizens for Ethical Leadership & Law (CELL), has expressed support for the Police Service…
Verto Launches Global Business Award, Empowers Startups with USD 10,000 Grand PrizeÂ
BY NGOZI ONYEAKUSI Verto, the global fintech powering enterprise-grade cross-border payments, FX, and banking solutions across emerging markets, has launched the Verto Global Business Award—a transformative initiative to recognize and…
FG Pays N3.41bn To Contractors For Unexecuted Projects -Report
BY NGOZI ONYEAKUSIÂ According to a new report by Tracka, BudgIT's service delivery monitoring platform, a staggering billion was disbursed for 56 federal government projects in 2023 without a…
NCRIB Takes Awareness To Markets, Urges Traders To Embrace InsuranceÂ
BY NGOZI ONYEAKUSI The Nigerian Council of Registered Insurance Brokers has urged Members of the Balogun Business Association (BBA) and ASPAMDA Market to embrace Insurance products to protect their valuables…
