ECOWAS Brown Card: Nigerian accident travellers get N84m compensation
The Secretary-General, Nigerian National Bureau, Mrs Henrietta Anyanna, said despite the fact that the Automatic Brown Card regime was yet to be adopted in Nigeria, travellers in the country within…
FG’s spending on pension, gratuity drops to N356bn
The Federal Government’s expenditure on pensions and gratuity fell slightly by N3.48bn in 2021, according to figures obtained from the Central Bank of Nigeria. The CBN revealed in its data…
Firm boosts gender equality in workplace
Great Nigeria Insurance Plc has said it is ensuring adequate representation of the female gender in the workplace. It said in a statement that, “For over 60 years, Great Nigeria…
Report fraudulent calls, PTAD urges retirees
The Pension Transitional Arrangement Directorate has urged its retirees to report any fraudulent call, saying that it will not tolerate pension fraud in the system. A statement said the Executive…
Debt servicing doubles, hits N896bn in three months – DMO report
Nigeria’s debt-servicing bill has increased by 109 per cent to N896.56bn, according to data obtained from the Debt Management Office. The PUNCH reported that as a result of the aforementioned,…
Foreign airlines kick as FG blocks $450m ticket revenue
The International Air Transport Association has expressed concern over the decision by the Federal Government of Nigeria to block foreign airlines from repatriating ticket sales revenue running to $450m (N188.6bn)…
43% homeowners delayed improvements due to inflation – Report
Sixty per cent of homeowners, in a recent survey, said they were less comfortable making large purchases for their homes or households because of rising prices, according to Hippo Insurance’s…
RIMAN harps on enterprise risk management
The Risk Management Association of Nigeria has expressed its commitment to sustainability and enterprise risk management in organisations. It said this in a statement on its upcoming annual general meeting…
NIN: Telcos lose 12.33 million subscribers in 2021
The number of Internet subscriptions fell from 154.29 million as of December 2020 to 141.96 million as of December 2021, showing an eight per cent decline on a year-on-year analysis.…
Inflation to push 15 million Nigerians into poverty –World Bank
The World Bank has said that inflation shock is projected to push about 15 million more Nigerians into poverty between 2020 and 2022. The Washington-based bank said this in its…
7.6 million South Africans invest in crypto – Study
About 22 per cent of adults in South Africa are cryptocurrency investors according to a study by Kucoin. This translates to 7.6 million people aged between 18 and 60. The…
E-commerce offers growth opportunity for SMEs -Google rep
The Google Country Director for West Africa, Juliet Ehimuan, has said e-commerce presents an opportunity for small businesses in Nigeria and other African countries to attract new customers and grow.…
