CCI Rift settled as MTN pays N19 billion to CBN
South African telecommunications firm, MTN, has reached an agreement with the Central Bank of Nigeria (CBN) to resolve the dispute over illegal transfer of $8.1 billion out of Nigeria, its…
Understanding the rules of Hassle free Online Payments
ONE of the fallout of the cashless policy and rapid deployment of electronic payment channels is online payment. Online payment is the use of internet based platforms to pay for…
#MinimumWage Figure: Labour Rejects Delay Tactics
Labour leaders have rejected plans by the Federal Government to set up another high-powered technical committee on the new national minimum wage. Leaders of the union comprising the Nigeria Labour…
Saraki wants Buhari to assent to PIB, other bills
The President of the Senate, Dr. Bukola Saraki, has urged President Muhammadu Buhari to assent to the Petroleum Industry Governance Bill(PIGB) and other bills critical to national development. Saraki said…
Access Bank Plc acquires Diamond Bank!
Information reaching us from a reliable source revealed that Access Bank Plc has finally acquired Diamond Bank Plc. It was gathered that the official announcement of the transaction will be…
Provide details of money spent fighting Boko Haram, CSOs write Buratai
The Socio-Economic Rights and Accountability Project (SERAP), Enough is Enough (EiE), and BudgIT have sent a joint Freedom of Information request to Tukur Buratai, Chief of Army Staff of Nigeria,…
NLC to place governors owing salaries, pensions on ‘watch list’
The Nigeria Labour Congress (NLC) is to liase with the International Trade Union Congress (ITUC) to place names of governors in the states where workers are being owed salaries and…
Non-oil sector grows Nigeria’s GDP to 1.8%, says NBS
Data from the National Bureau of Statistics (NBS) has shown that Nigeria’s Gross Domestic Product (GDP) grew to 1.81 per cent (year-on-year) in real terms in the third quarter of…
Importation: ‘Nigeria saves $21bn on food’
President Muhammadu Buhari has lauded Nigerians for curbing excessive taste for foreign products, which has positioned the country for food self-sufficiency, and resulted into savings of over $21 billion. The…
Customs rakes in N1.12bn IGR, seizes 67 vehicles in Ogun
The Nigeria Customs Service (NCS), Ogun Area Command yesterday disclosed that it generated N1, 129, 119, 923 as monthly revenue for November out of N727, 775, 499 target. The Area…