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Privatisation Proceeds To Partly Fund Nigeria’s 2022 Budget Deficit

President Muhammadu Buhari has again reiterated that some of the privatisation proceeds would be part of borrowings, totaling N5.01 trillion, to fund the deficit in the 2022 budget. The President, who reiterated the fiscal option  while presenting the 2022 Appropriation Bill tagged ‘Budget of Economic Growth and Sustainability’ to the joint session of the National Assembly in […]

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New NICON Insurance Board Seeks Workers’ Support To Reposition Coy

The new Board of the National Insurance Corporation of Nigeria (NICON Insurance) formally took over the reins of power with its maiden Board Meeting at the Corporation’s head office in Abuja held on Monday and solicited employees’ cooperation to grow the risk underwriting company. Addressing some NICON’s management staff, led by the Deputy General Manager […]

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Ex-ALSCON Employees Threaten Legal Action Against BPE, PTAD

Former employees of the Ikot-Abasi, Akwa Ibom State-based Aluminum Smelter Company of Nigeria (ALSCON), on Wednesday protested peacefully against the prolonged non-payment of their severance and gave a two-week ultimatum to Bureau of Public Enterprises (BPE ) and Pension Transition Administration Department (PTAD) to pay their entitlements or face legal actions. Convener of the protest, […]