Maritime experts have blamed the expansion in import obligations contained in the new monetary arrangement of the Federal Government, saying that the new strategy is unreliable, and that it will support sneaking the nation over in the coming year. The…
The Nigerian Electricity Regulatory Commission (NERC) has forced a fine of N66.6 million on Afam Power and Eko Electricity Distribution Company (EKEDC) for not submitting two year examined money related reports. Media reports circulate that NERC early this month fined…
In a reaction to spectators on the thought process behind the obtaining of ExxonMobil’s 60 percent value in Mobil Oil Nigeria, MON Plc , Bestman Anekwe, Chairman of the acquirer, NIPCO Investments Limited, NIL, said it is a vital deed…
The Minister of Communications, Mr Adebayo Shittu, said yesterday the service would soon build up a Nigerian Postal Service (NIPOST) Property Development Company. The minister said that the possibility of the property organization came to fruition on account of the…
A 12,000-member megachurch in Britain lost the equivalence of $4.8 million in charitable funds after trustees carelessly invested money in what later turned out to be a ponzi scheme headed by a former Premier League soccer player. According to an…
Amnesty International has urged the Lagos State authorities to provide alternative accommodation for over 30,000 residents of Otodo Gbame community in Lekki, whose houses were demolished in contravention of a court order. Isa Sanusi, AI Media Manager, in a…
Paradigm Initiative had an occupied and beneficial year. The company added another office in Kano, assessed its procedure to achieve more youth, redesigned preparing educational modules to adjust to new market requests, respected extra colleagues, consented to arrangements with new…
The Federal Government of Nigeria has explained how its new policy on whistle blowing will work and make money for Nigerians. The policy aims to encourage Nigerians to report financial and other related crimes to relevant authorities. The Government released…
Business Confidence falls to lowest level on record Market activity continues to fall Price inflation continues at destructive levels December data for the Nigeria Sales Managers’ Index (SMI) which measures growth across the country, reflects a continuation of the…
The primary Green Climate Fund (GCF) Board meeting to be held in the Pacific, and the last for 2016, ends today, having endorsed eight new subsidizing proposition and authorizing seven new partners. The fifteenth meeting of the Board (B.15) endorsed…
