Group Life: The Sour Side Of A Relief Package

Nigerian workers have been known to withstand the poorest working conditions in their work environment. Based on the need to have something doing in order to sustain the family, some have had to go through very gruesome experience to remain in their jobs amid meagre payment. In all of these, none is as painful as losing it all to government or the employer, even in death. SUNDAY OJEME reports In the last 13 years of the country’s democratic government, not much has changed for Nigerian workers in terms of welfare,…

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Beer Truck Falls In Front Of Hisbah Police Office in Kano!

There was mild drama in Kano when a Hilux truck conveying alcohol fell inside ditch close to the Hisbah office in Kumbotso Local Government area of the State. It was gathered that the truck driver sustained injuries in the incident which happened on Tuesday evening. Residents, who went to rescue occupants of the truck, were the first to discover that it was carrying alcoholic drinks. Hisbah has already packed the broken bottles as well as other crates of the alcohol. Confirming the incident, Kano State Hisbah Board, through its spokesperson,…

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eNaira: Report Casts Doubt On Prospects

While Nigerians and the Central Bank of Nigeria (CBN) are still basking in the euphoria of the successful launch of the country’s version of digital currency, eNaira, a new report has raised the alarm the lack of trust in Federal Government’s disposition to policies could negatively affect the prospect of the initiative. According to the Bitcoin.com News report, skeptical analysts believe a lack of trust in the government will ultimately limit the e-naira’s prospects for success. It noted that in addition, some analysts insist the digital currency’s already tenuous position…

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Orjiako To Step Down As Chairman Of Seplat Energy

Seplat Energy Plc has announced the decision of its Chairman Dr. A.B.C. Orjiako to step down as Chairman of the Board of Directors of Seplat Energy Plc. Orjiako notified the Board of Directors of his decision yesterday, November 17, 2021. According to a statement from the company, in order to facilitate an orderly transition Orjiako will remain as Chairman until the next Annual General Meeting in May 2022, when an Independent Chairperson will take over. Orjiako is the co-founder and pioneer of Seplat Energy. Since 2009, as Chairman of the…

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Premium Pension Receives Two ISO Recertification

Premium Pension Limited, one of the leading Pension Fund Administrators (PFAs) in Nigeria, received two International Standard Organisation (ISO)’s recertifications recently. The ISO recertifications are on Information Security Management System (ISMS) ISO 27001:2013 and Quality Management System (QMS) ISO 9001:2015. Going through the websites of Pension Fund Administrators in Nigeria, Premium Pension is the only operator with two ISO certifications. Premium Pension became the first among all the PFAs in the country to receive ISO 27001 Information Security Management System Certification under the auspices of British Standard Institute (BSI) in…

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NNPC Advises Tanker Drivers To Shelve Planned Strike

The Nigerian National Petroleum Corporation (NNPC) on Sunday in Abuja called on petroleum tanker drivers to call off its planned strike in the interest and welfare of Nigerians. “The strike is about the condition of roads in various parts of Nigeria used for the distribution of goods and services including petroleum products. “While it is not the responsibility of the NNPC to build or rehabilitate roads, any disruption in the distribution of petroleum products will adversely affect the business of the NNPC. “It will also endanger energy security, which the…

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Infractions: NGX Fines Mutual Benefits, Lasaco, Others N325.7m

.Trading in Royal Exchange, Niger Insurance’s shares suspended For failing to adhere to regulatory rules and regulations instituted by the stock market regulator, at least seven underwriting firms have been fined a total of N325.7 million between 2020 and 2021, according to the latest X-Compliance report released by the Nigerian Exchange Group (NGX). According to the September 17 report cited by New Telegraph, Mutual Benefits Assurance Plc received the highest chunk of the fine, amounting to N256.3 million for unauthorised publication of notice of annual general meeting and problem with…

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Tax Fraud: FG Reneges On Global Pact To Curb Investments In Tax Havens

Despite recent outcry over Nigerian public and private officials’ criminal investments in countries, which exempt them from paying taxes, the Federal Government has refused to join about 140 other countries to curb the fraud through a 15 per cent corporate minimum tax. According to the report released over weekend, nearly 140 countries have agreed on a tentative deal that would make sweeping changes to how big, multinational companies are taxed in order to deter them from stashing their profits in offshore havens where they pay little or no tax. The…

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Indian hemp good for the body, says Gov. Akeredolu

…seeks research into benefits Ondo State governor, Mr. Rotimi Akeredolu, on Thursday restated his belief that outlawed weed, cannabis sativa, which is also known as Indian hemp, is beneficial to the human body. Akeredolu thus charged pharmacists in the country to conduct an in-depth research into the various uses of the weed, for medicinal purposes. The governor stated this at the 40th anniversary and the 2021 Association of Community Pharmacists of Nigeria National Scientific Conference, held in Abeokuta, Ogun State capital. Akeredolu was the Special Guest of Honour at the…

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Passengers frown at airlines free reign at official extortion

…seek govt’s intervention Passengers making use of local airlines for domestic flight have called on the Federal Government to intervene and put a halt to airlines attempts at official extortion. Some of the passengers, who spoke to our correspondents last expressed frustration over deliberate moves by the operator to push passengers into tight corners in an attempt to make them pay more for trips that have already been paid for. They pointed out that some of the operators were in the habit of closing the counter hurriedly, especially with regard…

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