News

AFRICAN insurers’ lose about N1.78 billion ($5 million) annually in premiums transferred to reinsurance companies abroad. According to a special report obtained by Financial Vanguard on confidential basis, and data from African Insurance Organisation (AIO), the losses are stated as 19.7 percent of their non-life business and 2.5 percent of …

Following accusations and counter-accusations between the presidency and former presidents, Olusegun Obasanjo and Goodluck Jonathan over the $16 billion  power project, Chairman of the National Action Council, NAC, Dr. Olapade Agoro, yesterday, challenged the three leaders to stop the blame-game and explain their roles in series of mismanaged funds since …

The Christian Association of Nigeria (CAN) has advised President Muhammadu Buhari not to seek a second term in office.   CAN said this on Tuesday while commiserating with the Catholic Secretariat of Nigeria (CSN) as it conducts mass burial for the two priests and parishioners killed by the Fulani herdsmen …

  Special Investigator to the Special Presidential Investigation Panel on Recovery of Public Property, Evang. Victor Uwajeh, has accused President Muhammadu Buhari’s administration of bias in its anti-corruption crusade. Uwajeh claimed he was sacked less than two months after his appointment because the administration had a mindset about who should …

DSC_ Mrs Lara Elemade, Director Corporate Services, UACN Plc Chairman, Mr Dan Agbor, outgoing GMD, Larry Ettah and wife, Mrs Ekemere Ettah Saturday 12th of May, 2018, remains another landmark in the calendars of UAC Nigeria Plc. It was the day Larry Ephraim Ettah anchored the ship of UAC Nigeria …

The Joint Admissions and Matriculation Board (JAMB) on Sunday said that it had set May 26 for rescheduled Unified Tertiary Matriculation Examinations (UTME) for more than 12,000 candidates across the country. The Board’s Head of Media, Dr Fabian Benjamin, disclosed this in an interview with the News Agency of Nigeria (NAN) in Abuja. According …

Mr. Akinyemi Ashade, Lagos State Commission for Finance The Lagos State Government on Monday May 21st, 2018 said that it has so far achieved an average monthly Internally Generated Revenue (IGR) of N34 billion in 2018 compared to monthly averages of the last three years. Commissioner for Finance, Mr. Akinyemi Ashade who …

Lagos State Governor, Mr. Akinwunmi Ambode, yesterday noted that the sustained flow of investments to the Lekki Free Trade Zone (LFTZ) showed that the state’s free economic zone “is the next investment in Africa.” Africa’s richest man, Alhaji Aliko Dangote, buttressed Ambode’s claim, noting that the combined projects under different …

Kemi Adeosun, Finance Minister The Federal Government launched the Voluntary Asset and Income Declaration Scheme (VAIDS) on June 29, 2017 to address the problem of low tax compliance in the country and to generate the much-needed revenue for public expenditure. The launch was greeted with mixed feelings, with some people …

El Rufai Governor Nasir El-Rufai of Kaduna State has dismissed the fears that President Muhammadu Buhari’s electoral value would diminish if the aggrieved members of the New Peoples Democratic Party pull out of the ruling All Progressives Congress government. In an interview with State House correspondents in Abuja on Tuesday, …