News

FAAN Shuts Abuja Runway As Plane Losses Gear

The Federal Airports Authority of Nigeria on Thursday shut down the runway of the Nnamdi Azikiwe International Airport, Abuja, after an aircraft lost its landing gear while touching down at the facility. It was learnt that the private jet, operated by Nest Oil, skidded off the runway as soon as …

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Nigeria must be save from total collapse – PDP

The Peoples Democratic Party (PDP) has said the ruling All Progressives Congress (APC) is a cog in the wheel of the nation’s democracy, adding that the nation must be saved from total collapse. Addressing former ministers of the PDP who visited him  Thursday  in Abuja, the PDP Chief Executive Officer, …

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KNSG awards 3 road projects at N1.5bn

Kano state government has awarded N1.5bn worth of contract for construction of three roads in Nassarawa local government area of the state. The three projects are the 1.1. km Holborn market road, the 2.3 km Kings Garden –Tudun Murtala dual carriageway and the 6 km Rimin Kebe –Jaba dual carriage way. Governor Abdullahi …

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NAICOM mulls fresh capital base for insurance coys this year

The National Insurance Commission (NAICOM) is considering a fresh round of recapitalization for insurance companies and may likely roll out new recapitalization requirements this year. Our correspondent gathered from reliable sources that the commission, through the likely upward review of capital bases for all categories of insurance  companies, seeks to …

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FIRS records N4tr tax revenue collection in 2017 – Fowler

FIRS Chairman, Mr Babatunde Fowler. The Chairman of Federal Inland Revenue Service (FIRS), Mr Babatunde Fowler, on Monday said that the agency achieved N4 trillion as tax revenue collection in 2017. Fowler said this at the FIRS 2018 Management and Stakeholders in Lagos with theme, “Optimizing Tax Administration with Parliamentary …

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7.5m Nigerians jobless since 2016 – NBS

The National Bureau of Statistics (NBS) has said 7.5 million Nigerians were out of job between January 2016 and December 30, 2017. The bureau stated this in “Labour Force Statistics Vol. 2: Employment by Sector Report,” released yesterday in Abuja. According to NBS, out of the country’s labour population of 85.1 …

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