The Securities and Exchange Commission (SEC) has announced the suspension of Oando Plc. trading shares at he Nigerian Stock Exchange. The commission, in a statement issued by its General Counsel, Head of Regulation, by Tinuade T. Awe, and sent to…
The Nigerian Maritime Administration and Safety Agency (NIMASA), has signed a Memorandum of Understanding (MoU) with the Ghanaian Maritime Authority (GMA). At the official signing of the MoU at the Nigerian Maritime Resource Development Centre in Lagos, the Director General…
The provision of basic infrastructure in the country will help to speed up the process of bringing more Nigerians into the formal financial system, the Managing Director of Inlaks, Femi Adeoti said. Adeoti said there are over 40 million Nigerians…
The Peoples Democratic Party (PDP) has alerted Nigerians on the warning by the World Bank on the danger inherent in the continued unbridled borrowing by the President Muhammadu Buhari led Government under the guise of funding National expenditures instead of…
The World Bank has floored the Minister of Finance, Mrs. Kemi Adeosun, on the need for the Federal Government to borrow more in order to develop the nation’s infrastructure and stimulate the economy. The World Bank spoke through its Senior…
South African President Jacob Zuma sacked a vocal critic from his cabinet on Tuesday, a move expected to further deepen tensions as an elective conference to the ruling ANC draws near. In his second reshuffle this year, Zuma dropped Higher Education minister Blade Nzimande,…
Nigeria’s former finance minister, Ngozi Okonjo Iweala, believes the absence of anti-corruption institutions and systems and reliance on cash are the main reasons corruption in rampant in Nigeria and other corruption-infested nations. Speaking at an International Monetary Fund, IMF, panel…
Nigerian inflation rate decreased to 15.98 percent from 16.01 percent in August, the National Bureau of Statistics said. In the report released on Tuesday in Abuja, the bureau explained that the drop in Nigeria’s rate of inflation in September was…
The Nigeria Immigration Service (NIS) has said that there was no policy for issuance of visa on arrival Africans visiting the country. One of the benefits of the Federal Government’s Ease of Doing Business initiative is an issuance of visa…
Aiteo Group has appointed Mr. Bruce Burrows as its global group chief financial officer. The appointment will take effect from 18th November, 2017. A statement by the company said that he would report to the executive vice-chairman, Global Group, Aiteo.…
