Bolt suspends over 5,000 drivers
The ride-hailing company, Bolt, has revealed that in the previous six months, it has suspended over 5,000 drivers for noncompliance and safety-related violations. The Punch…
featured
Oil revenue grows 83%, hits N8.5tn – Report
Nigeria’s revenue from crude oil increased by 83.23 per cent to N8.54 trillion during the reviewed quarter. The total amount of crude…
Insurance industry grew by 16.99% in Q3 – NBS
Nigeria’s insurance industry grew by 16.99 percent in the third quarter of the fiscal year 2023. The Punch reported that this was made…
FG may increase employee pensions in 2024 – Wages Commission
The National Salaries, Incomes and Wages Commission’s study on the harmonization of pensions, which was submitted to the Federal Government, includes information…
NAFDAC shuts Lagos pharmacy, drug stores over controlled drugs sale
The National Agency for Food and Drug Administration and Control has closed two drug stores in Idumota and one pharmacy in Surulere,…
Zenith Bank, CFA Institute partner on capacity building
Zenith Bank Plc and the Chartered Financial Analyst Institute have signed a Memorandum of Understanding to advance the development of human resources…
Gas production drops despite FG’s N250bn intervention fund – Report
Last year’s natural gas production decreased even though fifteen companies received a N250 billion intervention fund. The Punch reported that the Energy Institute…
Nigerians spent N2.6tn on data, airtime in nine months – Report
In the initial nine months of 2023, Nigerian telecom subscribers spent a minimum of N2.59 trillion on airtime and data,…
NCAA suspends United Nigeria Airlines’ wet-leased aircraft
Bisola David The Nigeria Civil Aviation Authority has halted all wet-leased aircraft operated by United Nigeria Airlines shortly after one of the…
How PenCom invested N130bn pension fund in infrastructure
Pension Fund Administrators invested N130.18 billion in infrastructure through the Contributory Pension Scheme as of September 30, 2023. The Punch reported that…
Nigeria is finished if manufacturing sector dies, MAN warns
The Manufacturers Association of Nigeria has criticized the Federal Government’s decision to lift a ban on the importation of 43…
NNPCL moves to end fuel import Dec 2024
The Nigerian National Petroleum Company Limited has announced its plan to halt the importation of refined petroleum…