Nigeria
Buhari allocates N509b for pension liabilities
President Muhammadu Buhari has appropriated a total of N501.19 billion to offset pension liabilities in the 2021 budget proposal. He...
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Abbey Mortgage Bank plans N3b new capital injection
Abbey Mortgage Bank Plc plans to raise about N3.03 billion new equity funds from its shareholders. Regulatory filing at the...
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NCC prosecutes seven for SIM card offences
The Nigerian Communications Commission has secured court convictions of seven persons for SIM-card-related offences. The commission, in a statement by...
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Stocks record 5.3% weekly rise, investors gain N740bn
The nation’s stock market recorded an increase of 5.3 per cent last week, with investors gaining N740bn. The Nigerian Stock...
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Why we increased fare — Uber
Uber Nigeria has explained that its new fare regime will provide better earnings for driver partners and remain affordable for...
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The Quintessential Ngozi Okonjo-Iweala WTO Needs
On October 7, 2020, the World Trade Organization announced Nigeria’s Ngozi Okonjo-Iweala and South Korea’s Yoo Myung-hee had advanced to...
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Consumers’ll be compensated for power delivery failure — NERC
Power distributors that fail to supply the required quantum of electricity under the new service reflective tariff regime will compensate...
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Official results of Ondo governorship poll
The Independent National Electoral Commission (INEC) Sunday began the release of results of the Ondo governorship election The collation, is...
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CBN to enforce banks’ compliance with SWIFT code
The Central Bank of Nigeria has ordered banks to comply with the SWIFT universal payment confirmation. It stated this in...
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Lasaco Appoints Olateju Phillips as New Chairman
The Board of Directors of Lasaco Insurance Plc has appointed Dr. (Mrs.) Maria Olateju Phillips, as the new chairman. In...
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EFCC docks NULGE chairman for N17.5m, bank manager for $50,000 fraud
The Economic and Financial Crimes Commission (EFCC) Makurdi Zonal office, yesterday arraigned Otsapa Ubani Otsapa, chairman of the National Union...
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COVID-19: Sanwo-Olu pardons Funke Akindele, husband
Lagos State Governor, Babajide Sanwo-Olu, has granted state pardon to a popular actress, Mrs Funke Akindele-Bello and her husband, Mr....
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#EndSARS: Buhari orders IGP to deal with erring officers
President Muhammadu Buhari on Friday night sent a directive to the police authorities to sanction officers found stepping out of...
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Ondo Poll: 1,478,460 PVC holders decide contestants’ fate
• Voters, Security Personnel Inducement May Mar Election – CSOs • IGP Restricts Vehicular Movement • 33,783 Police Personnel Deployed...
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Senators react to Buhari’s budget proposal, express apprehension over debt
Some Senators have raised concern over N4 trillion to be borrowed to fund 2021 budget while debt servicing stands at...
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We’ll make petrol-to-gas conversion in automobiles cheaper — FG
The Federal Government has said that it will help reduce the cost required for the conversion of automobiles from the...
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Debts, salaries take 52.6% as FG budgets N13.08tn for 2021
Govt plans N4.28tn new borrowings, votes N3.85tn for capital projects PDP Reps say budget unrealistic, APC believes proposed spending achievable...
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INEC ‘ready’ for testy Ondo guber poll
• Jegede squares up to Akeredolu • Govt flays PDP for an attack on Fayose • Akeredolu declares today a...
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Telecoms industry gets N358b direct foreign investments
Nigeria’s telecommunications sector welcomed $942.8 million (N358.26 billion) capital inflow, popularly known as Foreign Direct Investments (FDIs), in 2019. The...
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CBN warns against fraudulent loan offers, investment schemes
The Central Bank of Nigeria has asked the public to beware of fraudulent loan offers and investment schemes. The acting...
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NIPOST begins address verification service
The Nigerian Postal Service has inaugurated an Address Verification Service. Through the service, corporate and private organisations can approach NIPOST...
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Stocks Slide As Profit-Taking Persists
Sell pressures continued at the floor of the Nigerian Stock Exchange as sustained profit-taking dragged the All-Share index lower by...
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Fed Govt lists N294m savings bonds
The Federal Government yesterday listed its latest savings bonds on the Nigerian Stock Exchange (NSE), paving the way for bondholders...
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W’Bank: COVID-19 to Increase Number of Poor Persons to 150m
The World Bank has estimated that global extreme poverty is expected to rise in 2020 for the first time in...
Read moreOkonjo-Iweala, South Korean in final contest for WTO leadership
Former Minister of Finance, Ngozi Okonjo-Iweala, Nigeria’s candidate for the World Trade Organization’s director-general has been selected as one of...
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