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Heritage Bank, RTEAN Partner On Travellers’ Accident Insurance Scheme

Heritage Bank, one of Nigeria’s leading banks, has partnered the Road Transport Employee’s Association of Nigeria (RTEAN) with the launching of the Travelers’ Accident Insurance Scheme (TAIS) to assist road accident victims in the country. The scheme aims to address deaths associated with inability of travelers involved in accident to offset hospital bills. Speaking during […]

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2021 Workers’ Day: FAAN Felicitates With Workers, Commends Their Resilience

As workers globally continue to prepare for the 2021 Workers’ Day celebrations tomorrow, the Federal Airports Authority of Nigeria (FAAN) has felicitated with the Nigerian workers for being pivotal to all national development initiatives over the years. The Managing Director of the Authority, Capt Rabiu Yadudu, in a statement expressed the FAAN management’s hearty congratulation […]

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FG Grants Dangote Cement N22.32bn Tax Credit

The Federal Inland Revenue Service (FIRS) has issued Dangote Cement Plc tax credit certificates valued at N22.321billion. The tax credit certificates are for the construction of Apapa-Oworonshoki-Ojota road in Lagos and the Lokoja-Obajana-Kabba road straddling Kogi and Kwata states. While Julius Berger is handling the construction of these two federal roads, Dangote Cement Plc is […]

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NIMASA To Acquire Aircraft For Deep Blue Sea Project’s Implementation

The Nigerian Maritime Administration and Safety Agency (NIMASA) has concluded arrangements to take delivery of an aircraft for the commencement of the Deep Blue Sea project slated for launch at the end of May this year. The agency’s Director-General, Bashir Jamoh, disclosed this in Lagos when the Executive Secretary of the Nigerian Shippers Council (NSC) […]

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AfDB Debars Nigerian Firm Over Fraudulent Practices

The African Development Bank (AfDB) on Wednesday announced the banning of a Nigerian company, Maxicare Company (Nigeria) Limited for 36 months with effect from 23 February this year over fraudulent practices. The development finance institution stated that company’s debarment was to the findings of an investigation conducted by its Office of Integrity and Anti-Corruption which […]

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COVID-19 Protocols: FAAN Tasks Airport Users On Compliance

The Federal Airports Authority of Nigeria (FAAN) on Monday urged air travellers, drivers and other airport users, particularly those at the General Aviation Terminal (GAT), Lagos, to strictly comply with laid down protocols on COVID-19 pandemic control to ensure safety of all airport users natiowide. The Authority, in a statement by its General Manager, Corporate […]

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NCAA Suspends Azman Airlines Over Safety Issues

The Nigerian Civil Aviation Authority (NCAA) on Tuesday announced the suspension of Azman Airlines from operating in the nation’s airspace with immediate effect. The industry standards regulatory agency hinged its action on series of safety incidents involving the airline, especially its Boeing 737 aircraft. Confirming the suspension of the airline, the Director General of NCAA, […]

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FG To Provide 15% Funding For P/Harcourt-Maiduguri Railway – Buhari

President Muhammadu Buhari on Tuesday disclosed that the Federal Government would provide only 15 percent of the $3.2bn funds for reconstruction of Port Harcourt-Maiduguri railway line with the balance to be provided through loans from a consortium of Chinese partners, led by Messrs CCECC Nigeria Limited The project has new branch lines to Owerri, Imo […]

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Tracka Raises Concern Over N59Bn Zonal Intervention Projects

Tracka, an arm of BudgIT, has raised concerns over the allocation of over N59 Billion to empowerment projects of the N100 billion 2021 Zonal Intervention Projects (ZIPs) nominated by members of the National Assembly. It is discouraging that elected representatives have consistently nominated empowerment projects that add less value and impact on citizens’ welfare thereby […]

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NNPC, IPMAN Allay Consumers’ Fears Over Fuel Scarcity

The Nigerian National Petroleum Corporation (NNPC) and the Independent Petroleum Marketers Association of Nigeria (IPMAN) on Monday advised motorists and other fuel users in the country against panic buying as fuel queues resurfaced at the weekend to in Abuja and Lagos. Investigations by on the downstream market situation both in Lagos and Abuja showed […]