Archives for April, 2025
PenCom Moves to Recover N1.3bn Unpaid Pension Contributions for Journalists
BY NGOZI ONYEAKUSI From left: The Nigerian Press Council Executive Secretary, Dr. Dili Ezughah and the Director General of the National Pension Commission, Ms. Omolola Oloworaran during a recent working…
Lafarge Africa Posts N696.76bn Revenue In 2024
BY NGOZI ONYEAKUSI L-R: Independent Non-Executive Director, Mrs. Oyinkan Adewale, FCA; Non-Executive Director, Mr. Grant Earnshaw; Independent Non-Executive Director, Mrs. Adenike Ogunlesi; Group Managing Director/Chief Executive Officer, Mr. Lolu Alade-Akinyemi;…
AIR PEACE EMPOWERS WOMEN IN UMUERIM UMUKPARO, MBALA COMMUNITY, ABIA STATE
As part of its corporate (CSR) social responsibility initiatives which rests on environment, social welfare, education, youth and women empowerment, Air Peace, West and Central Africa’s largest carrier, has empowered…
BREAKING: Gospel Singer Osinachi’s Husband, Peter Nwachukwu Sentenced To Death By Hanging
BY NGOZI ONYEAKUSI Late Nigerian gospel singer Osinachi Nwachukwu's husband Peter Nwachukwu, has been sentenced to death by hanging. Nwachukwu was found guilty of culpable homicide in connection with the…
4th Cycling Lagos: Online Registration Opens for Nigeria’s Biggest Cycling Event
BY NGOZI ONYEAKUSI Organisers of Cycling Lagos, Nigeria’s biggest cycling event, have announced the commencement of online registration for the 4th edition, scheduled for Saturday, May 31, 2025. This year’s…
NIA Attributes Insurance Industry’s Growth Of N1.2trn in Q3 2024 To Non-life
The Chairman of Nigerian Insurance Association (NIA), Kunle Ahmed, has attributed the trillion representing a 61 per cent growth the industry recorded in the third quarter of 2024 to non-life…
Manufacturers Lament Over High Cost Of Production
BY NGOZI ONYEAKUSI Nigerian manufacturers have lamented over the rising cost of energy, which they said, now gulped about 40 per cent of the production cost. This is just as…
CBN raises N2.93trn from T-bills, OMO auction on strong investor demand
CBN Governor, Olayemi Cardoso The Central Bank of Nigeria (CBN) successfully has raised trillion from recent auctions of Treasury Bills (T-Bills) and Open Market Operation (OMO) bills, buoyed by…
Price war: Consumers exploited as fuel marketers alter dispensing machines to curb losses
The fierce price war between the two dominant players in the downstream sector– Dangote Petroleum Refinery and NNPC Retail Limited, has driven petrol prices down, but the situation may have…
Heritage Bank: NDIC Commences N46.6bn payout to top depositors
BY NGOZI ONYEAKUSI The Nigeria Deposit Insurance Corporation has commenced the payment of as the first tranche of liquidation dividends to depositors of the defunct Heritage Bank, whose funds exceeded…
