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Strike Averted as FG, Labour Reach Compromise on Palliative
The nationwide strike by organised labour scheduled to commence today will not happen as the unions and the federal government...
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CBN moves to forestall food shortages amid COVID-19
The Central Bank of Nigeria (CBN), has embarked on a large scale food production in some states, to ensure food...
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Unity Bank targets N4.96bn gross earnings in Q4
Unity Bank Plc has said it is targeting to realise N4.98bn gross earnings for the fourth quarter of 2020. The...
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90% of port transactions will be done online by March 2021, says Bello
The Executive Secretary, Nigerian Shippers’ Council (NSC), Hassan Bello, in this interview with SULAIMON SALAU and ADAKU ONYENUCHEYA, highlights the...
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Stock market extends weekly gains by N390bn
The Nigerian equity market extended its weekly gains by N390bn last week. The Nigerian Stock Exchange All-Share Index and market...
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Non-performing loans rise by N50bn on increased lending
Banks’ non-performing loans rose by N50bn to N1.17tn as of the end of August from N1.12tn as of the end...
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Price Hike: Will Labour Still Go ahead with the Strike?
The die is cast as the leadership of the organised labour mobilises their members and civil society allies for a...
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Fresh World Bank, AfDB, IDB loans may raise Nigeria’s debt to N31.7tn
Fresh loan disbursements expected from the World Bank, African Development Bank and Islamic Development Bank may raise Nigeria’s total public...
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FMDQ Turnover Sheds N4.5tn in August
Investments at the Fixed Income and Currency (FIC) markets suffered a setback in the month of August as investors reduced...
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It’s Not in NNPC’s Interest to Remain Sole Importer of Petrol, Says Mele Kyari
The Nigerian National Petroleum Corporation (NNPC), has said that it was not in the national oil company’s interest to remain...
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2023: Jega, 33 others lead PRP advisory committee
Ahead of the 2023 general elections, the People’s Redemption Party (PRP) has constituted a 34-member policy advisory council to lead...
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UK to Nigeria: We Determine Who Gets Our Visa
The United Kingdom has responded to the Nigerian government’s condemnation of its threat to impose a visa ban on perpetrators...
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Labour Adamant, Intensifies Mobilisation for Strike Monday
•FG obtains fresh restraining order as Ngige warns against lawlessness •Strike will worsen economy, governors tell labour •HoS directs civil...
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COVID-19: Second wave looms amid lax safety protocols
With 125 additional new cases as at last Thursday, the number of confirmed cases of Coronavirus (COVID-19) disease in Nigeria...
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Sanwo-Olu flags off construction of 377 roads, power projects
The governor of Lagos State, Mr. Babajide Sanwo-Olu, on Friday flagged off the construction of 377 projects across all the...
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PenCom recovers N17.52bn from defaulting employers
The National Pension Commission has recovered N17.52bn from employers who deducted monthly pensions from their workers’ monthly salaries but refused...
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Foreign portfolio investments drop by N124b
INVESTORS apathy to Nigerian securities amid foreign exchange control, illiquidity and other macroeconomic risks have affected foreign portfolio investments in...
Read moreLabour shuns ruling stopping strike, talks with FG deadlocked
National Industrial Court rules on anti-strike suit filed by a group We don’t know them, they are not our employers,...
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Emirates to parley Fed Govt on flight ban
Emirates Airlines is engaging the Federal Government on a flight ban extended to the Middle East carrier this week. The...
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174,574 apply for COVID-19 N75bn MSME survival fund
Within 48 hours a total of 174,574 persons successfully registered for the N75bn National MSME Survival Fund and the Guaranteed...
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PenCom approves shared service initiative to accelerate data recapture
• Considers self-service remote recapturing • Only 11 states remit pension contributions under CPS The National Pension Commission (PenCom),...
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Lagos agency launches fuel station for ferries
The Lagos State Waterways Authority on Tuesday launched its first-ever fuel station on the Lagos inland waterways. The station...
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Finally, President Sends New Petroleum Bill to National Assembly Next Week
Barring unforeseen circumstances, President Muhammadu Buhari would next week send the long-awaited oil-reform bill to the Senate, sources familiar with...
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Elumelu makes TIME’s 100 List of Most Influential People
THE Chairman, United Bank for Africa and Tony Elumelu Foundation (TEF), Tony Elumelu, has been recognised on the Time100 List...
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NNPC seeks capacity upgrade for indigenous operators
The Nigerian National Petroleum Corporation has said indigenous companies operating in the nation’s oil and gas sector must upscale their...
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