The Industrial Training Fund Governing Council and its Director General have dragged Commerzbank Representative Office Nigeria…
Economy
FAAC: Kwara Receives N3.2b as April Allocation as LGs Get N2.4b
Kwara State Government has revealed its federal allocation figures for April 2019. In statement issued in…
Governors’ Forum predicts another recession for Nigeria next year
The Nigeria Governors’ Forum, NGF, the umbrella body of the thirty- six state governors, warned yesterday…
Oil prices to be lower in 2019 on slower-than-expected global growth, rising non-OPEC supply
• Metal, agriculture prices to stage partial recovery, momentum to pick up in 2020 Crude oil…
South Korea economy unexpectedly contracts in first quarter, worst since global financial crisis
South Korea’s economy unexpectedly shrank in the first quarter, marking its worst performance since the global…
AGF Assures On Payment Of Promotion Arrears To Civil Servants, Says Over N37bn Saved From MDAS
BY ONYEKA AJUMOBI ONOCHIE The Accountant-General of the Federation, Mr. Ahmed Idris, has reassured civil servants…
N8.7tn pension fund: PenCom bars PFAs from investing in bonds issued by nine states
The National Pension Commission, PenCom, has barred pension fund administrators from investing in the bonds of…
Femi Falana demands explanation on loss of $60 billion oil revenue, gives Kachikwu seven days to respond
Femi Falana, Senior Advocate of Nigeria human rights lawyer, has written a letter to Ibe Kachikwu,…
WIND UP ENERGY RESOURCES LIMITED – UBA Plc tells court
By Our Reporter The United Bank for Africa Plc, UBA, has filed a winding up petition…
BPE hosts NIPSS’ Class on study tour
BY ONYEKA AJUMOBI ONOCHIE The Director General of the Bureau of Public Enterprises (BPE), Mr. Alex…
₦344million debt: STANBIC IBTC Bank engages Company in legal battle
In a bid to recover a debt of ₦343,895,137.00 STANBIC IBTC Bank Plc has renewed its legal…
Udoma emphasizes usefulness of geo-spatial data in national development
The Minister of Budget and National Planning, Senator Udoma Udo Udoma on Tuesday empahasised the potential…
N9trn PenCom Fund: Reps threaten bench warrant against Pension Fund Administrators, others
The House of Representatives has threatened to issue a bench warrant to compel Pension Fund Administrators…
FAAC Disburses N660.37bn in February 2019
The Federation Account Allocation Committee (FAAC) disbursed the sum of N660.37bn to the three tiers of…
CBN Communiqué No. 123 of the MPC Meeting – Mar 25-26, 2019
Background The Monetary Policy Committee (MPC) met on the 25th and 26th March, 2019; against the backdrop of…
Standard Alliance Assurance Company Sues Midwestern Oil
By Our reporter In a bid to safeguard their right, ten staffs of Standard Alliance Assurance…
Standard Bank to close 91 branches; 1200 staff to be impacted
Standard Bank will close 91 branches in South Africa, with the vast majority of these closing…
Breach of contract: Supreme Court orders Stanbic IBTC pay customer N2.5billion
The Supreme Court of Nigeria has affirmed the judgment of a Federal High Court sitting in…
Access Bank MD, three others face N2.5billion fraud charge
By Our Reporter The Special Fraud Unit (SFU) of the Nigeria Police Force, Milverton Road, Ikoyi,…
BPE inaugurates 4 committees to address challenges of privatized utilities
Pix: Mr. Alex Okoh, BPE DG BY ONYEKA AJUMOBI ONOCHIE In its determination to ensure that…