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NYSC, 14 others plan N1.41bn insurance premiums

23.12.2024
The National Youth Service Corps and 14 other ministries, departments, and agencies of government have planned about N1.41bn as an insurance premium in the 2025 appropriation bill that was presented by President Bola Tinubu, an analysis by The PUNCH has found. According to a review of the estimates, several government establishments planned to pay insurance...
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NAICOM vows to ensure compliance with regulatory standards

23.12.2024
The National Insurance Commission has maintained that it will ensure that regulations in the industry are complied with by all and sundry. This was disclosed by the Commissioner for Insurance, Mr. Olusegun Omosehin at the Insurance Industry Consultative Council Media Retreat at the College of Insurance and Finance Management, Aseese, Ogun State, recently. Omosehin, who...
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GNI interacts with retirees at forum

23.12.2024
Great Nigeria Insurance Plc recently held its annual Retirees Experience Forum where it interacted with retirees from both government and private establishments. The forum is a platform through which the insurance firm interfaces, entertains, and interacts with its annuitants on an annual basis. GNI is one of the pioneers of the insurance business in Nigeria...
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Tinubu’s 50% transport reduction scheme may begin Tuesday

23.12.2024
The proposed 50 per cent interstate transport fare price slash by the Federal Government, initially planned to commence on December 20, 2024, may now begin on December 24, The PUNCH reports. The slash is targeted at cushioning high transport costs during the Yuletide. Recall that the Federal Government through the Ministry of Transportation last Thursday...
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Travellers battle unending price hikes ahead of Christmas

23.12.2024
As Christmas approaches, Nigerians are grappling with a record-high transport inflation rate of 30.54 per cent in November 2024, according to the Consumer Price Index report by the National Bureau of Statistics. This figure, the highest recorded this year, highlights the escalating cost of mobility for individuals and businesses alike. Throughout 2024, transport inflation remained...
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Govt approves recruitment of 3,927 Customs officers

23.12.2024
The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun has said that the contribution of the Nigeria Customs Service is crucial in actualising Nigeria’s proposed N48tn 2025 budget. Edun also revealed that the Federal Government has approved the recruitment of 3,927 Customs officers. In a statement on Sunday by the National...
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Interswitch, firm train 100 in software testing

23.12.2024
Interswitch and Financial Services Innovators have collaborated to train 100 young Nigerians in software testing. It was revealed that Interswitch sponsored the FSI Intensive Software Testing Programme in its commitment to driving innovation and empowering young talent in Nigeria. According to a statement from the organisers on Friday, the participants underwent an intensive eight-week online...
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Umahi rules out compensation for bare land owners

23.12.2024
The Minister of Works, David Umahi, has reiterated that the Federal Government does not compensate for bare lands, adding that all lands belong to the government. He disclosed this at the inspection of the Lagos-Calabar Coastal Highway, Section 1 at kilometre 18, Okun Ajah axis, recently. He said, “Go and read the law; there is...
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Experts advocate property tax reforms in Abuja

23.12.2024
Housing experts have called for comprehensive property tax reforms in Abuja to address housing affordability and reduce the prevalence of unoccupied buildings across the city. Speaking at the Affordable Housing Hall of Fame event in Abuja recently, Executive Director of the Housing Development Advocate, Mr. Festus Adebayo, emphasised the urgency of property tax implementation over...
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Women form 65% of land scam victims – Firm

23.12.2024
A property firm, Sytemap, has stated that 65 per cent of victims of land scams in Nigeria are women. While announcing an initiative designed to empower women through affordable and secure land ownership in a statement, the firm stated that from March 8 to March 14, 2025, women, including professionals in Africa and the Diaspora,...
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I apologise for saying no heaven without tithe – Adeboye

04.10.2024
The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has apologised for saying that Christians who don’t pay tithe might not make it to heaven. Adeboye who had previously said that paying tithe was one of the prerequisites for going to heaven, apologised for the comment while addressing his congregation Thursday...

Protesters storm Rivers electoral commission, insist election must hold

04.10.2024
Angry protesters on Friday stormed the office of the Rivers State Independent Electoral Commission, singing and chanting ‘Election must hold’. They defied the heavy rainfall spreading canopies, while singing and drumming, with one side of the road blocked. The protest came after the Rivers State governor stormed the RSIEC in the early hours of Friday...

Man who asked Tinubu to resign admitted in psychiatric hospital

04.10.2024
The Adamawa State Police Command has disclosed that the 30-year-old Abdullahi Mohammed who climbed a 33 kv high tension electricity pole in Mayo-Belwa last Friday has been admitted at the Yola Psychiatric hospital for mental examination. The Police Public Relations Officer of the command SP Suleiman Nguroje, told Arewa PUNCH on Friday in an exclusive...

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