States operating the Contributory Pension Scheme refused to remit about N3.4bn pension contributions deducted from their workers monthly remunerations into their respective Retirement Saving... Read more
Muhammad Sanusi II, the Emir of Kano, on Tuesday raised the red flag on Nigerian economy, saying that Nigeria is on the threshold of bankruptcy. For him, unless Nigeria removes some unfavour... Read more
The depreciation of the naira between 2004 when the last banking sector recapitalisation took place and now has cut the value of the capital of each Deposit Money Bank by about $175m. The re... Read more
Air Peace Flight P47291 from Abuja on Saturday skidded off the runway at the Port Harcourt Airport, Omagwa, while landing due to downpour. However, there was no casualty in the incident whic... Read more
The Comptroller-General of the Nigeria Customs Service (NCS), Retired Col. Hameed Ali, has said that importation of used vehicles through land border remains banned, urging stakeholders to e... Read more
President Muhammadu Buhari has appointed Mr. Mele Kolo Kyari as the new Group Managing Director of the Nigerian National Petroleum Corporation (NNPC). A release on Thursday morning in Abuja... Read more
U.S. authorities have seized over 16 tons of cocaine from an MSC containership at the Packer Marine Terminal in Philadelphia, prosecutors said on June 18. The drugs were seized from the 2018... Read more
The Manufacturers Association of Nigeria told President Muhammadu Buhari on Wednesday that the country’s economy remained “fragile”, much as it appreciated his commitment to perform better i... Read more
Billilnaire business man, Femi Otedola, has sold off his 75 per cent stake in Forte Oil. The businessman had first given an indication of his intention to sell his his 75 percent holding in... Read more
Airtel Nigeria has officially filed an application with the Securities and Exchange Commission (SEC) for listing of its shares on the Nigerian Stock Exchange (NSE). A senior management sourc... Read more