Justice Chukwujekwu Aneke of the Federal High Court, in Lagos has authorised Guaranty Trust Bank (GTBank) to temporarily take over the funds and assets belonging to Afex Commodities Exchange following its inability to pay N17,808,452,467.107 loan facilities granted by...
Bureau De Change (BDC) operators across Nigeria are expressing concerns against Central Bank of Nigeria’s (CBN) new directive mandating them to re-apply for licenses under new stringent guidelines.CBN noted that the overhauling aim to enhance the regulatory framework and...
The Former President Goodluck Ebele Jonathan will be flagging off the construction of the multi-billion naira Trans-Kalabari road sponsored by Governor Siminalayi Fubara of Rivers State, today, Monday May 2024. The administration of Governor Fubara has approved N222.1 billion...
The Federal Airport Authority of Nigeria (FAAN) has announced the implementation of tolls, E-tags, by all users of federal airports gates across the country. FAAN in a statement issued on Thursday night said the implementation of the President’s directive...
The organized labour has issiued May 31, 2024, to federal government to conclude all processes regarding the new minimum wage for Nigerian workers. As the tripartite committee set up by the Federal Government on minimum wage (committee) resumes sitting...
The Economic and Financial Crimes Commission, EFCC, has arraigned former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele for authorizing the printing of N684.5 million for N18.96 billion. Emefiele entered a plea of not guilty to the four-count charge...
Abia State Government has released the forensic audit report of the former administration led by Okezie Ikpeazu.The 360-page dossier was released by the Commissioner of Information, Prince Okey Kanu, after the State Executive Council meeting press briefing Monday night....
Vice President Kashim Shettima yesterday stated that the tax reforms under the administration of President Bola Tinubu were targeted at sustaining an investment-friendly and globally competitive business environment, and not to frustrate Nigerians.This is as the Minister of Finance...
The Trade Union Congress of Nigeria (TUC) has threatened to shutdown the nation's economy over plans to implement the 0.5 per cent cybersecurity levy on electronic transactions. The union’s President, Mr Festus Osifo, gave the warning in a statement...
The Corporate Affairs Commission (CAC) inaugurate centres for the registration of Point Of Sale (POS) operators in Nigeria. This follows the direvtives by the Federal Government to all PoS operators in the country to register their businesses with the...
