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PTAD offsets pensions of Nigeria Reinsurance, New Nigeria ex-workers

The Pension Transitional Arrangement Directorate (PTAD) has offset the retirement benefits of Nigeria Reinsurance Corporation and New Nigeria Newspapers.

FG to liquidate outstanding pension arrears – Minister

Mrs. Zainab Ahmed, the Minister of Finance, Budget and National Planning, has said that the Federal Government of Nigeria was committed to ensuring the

FG to liquidate outstanding pension arrears – Minister

Pension: PTAD Puts FG's Defined Benefit Indebtedness at N90bn

Absence of national shipping carrier costs Nigeria $4m daily, says Ogbeifun

President of SOAN, Greg Ogbeifun The memory of the defunct Nigeria National Shipping Line (NNSL), came to focus at a symposium organised in honour of the former Chairman of Ship Owners Association of Nigeria (SOAN), and CEO of Starzs Shipping Company, Greg Ogbeifun, turns 70 today.     At a virtual symposium, which focused on the possibility of building an indigenous global shipping fleet, experts explored the need to resuscitate the country’s national carrier to reduce capital flight following the death of the NNSL.    Ogbeifun recalled the heydays of the NNSL, saying Nigeria played an active role in the shipping business when the company was active. “Besides, the Nigerian shipping line, there were some private initiatives by individuals like Capt. Emmanuel Iheanacho, who flew the Genesis flag around the world and a few others,” he added.