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President Buhari releases Executive Order 8

President Muhammadu Buhari has released a new Executive Order into law. The new order is meant to regulate money laundering and tax evasion. The President released…

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Report ranks Nigeria lowest on wealthy-poor bridging gap

A new report by Aid agency, Oxfam has ranked Nigeria, Singapore, and India among countries widening the gap between the wealthy and the poor. In its…

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Posted in NAIJA BIZ

IMF predicts a sharp rise in Nigeria’s Inflation by 2019

These are certainly not the best of days for the Nigerian economy as various projections and predictions are not favourable to the economy; as the nation…

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Posted in NAIJA BIZ

National Assembly to probe collapse of Skye Bank Plc

Chairman, House of Representatives Sub-Committee on Capital Market and Institutions, Tony Nwulu has made known the intention of the lower house to probe into the Central Bank of Nigeria’s…

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Stanbic IBTC deploys robotics for banking operations

Stanbic IBTC Bank, a member of the Stanbic IBTC Holdings Plc has launched another first in Nigeria’s banking industry with the deployment of robotics to…

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Posted in NAIJA BIZ

AMCON raises red flag on some Nigerian airlines

AMCON Chief Executive, Ahmed Kuru has raised an alarm over the state of health of some local airlines in the country. The AMCON Boss noted that…

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Posted in NAIJA BIZ

Sterling Bank debtors may lose their pledged assets soon

Sterling Bank Plc revealed plans to embark on new strategies that will ensure quick recovery of debts. The strategies to be explored include restructuring for accelerated…

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Posted in NAIJA BIZ

All is set for SAHCOL listing on the Nigerian Stock Exchange

The board and management of Skyway Aviation Handling Company Limited (SAHCOL) has reached an agreement with the Bureau of Public Enterprise (BPE) and Securities and…

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Abe vs Amaechi: Court nullifies APC primaries in Rivers

Justice Chiwendu Nworgu of the High Court in Port Harcourt has made a consequential order nullifying all actions taken by the Ojukaye Flag Amachree led…

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APC chieftain, 16,000 members defect to PDP in Bauchi

An All Progressives Congress, APC, chieftain in Bauchi State, Alhaji Ahmed Salele has dumped the party alongside 16,000 others for the Peoples Democratic Party, PDP….

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APC group calls for sack of national chairman, Adams Oshiomhole

Factional group of the All Progressives Congress (APC) on Tuesday took to the streets of Calabar, the Cross River State capital, demanding for the resignation…

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Kogi Assembly makes U-turn, accepts ex-Speaker back to chamber

Two months after declaring the seat of the immediate past Speaker of Kogi State House of Assembly, Alhaji Umar Ahmed Imam vacant, the House on…

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Alkali: Senate calls for investigation, arrest of suspects in case of missing General

The Senate has called on the Federal Government to constitute a panel to investigate the disappearance of retired Major General, Idris Alkali and the recovery…

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Abducted oil workers regain freedom in Bayelsa

Four abducted members of a Joint Investigation Team probing the cause of an oil spill at Agip’s facility in Azuzuama, Southern Ijaw Local Government Area…

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Ekiti: Fayose is free to attend my inauguration – Fayemi

The Ekiti State Governor-elect, Dr. Kayode Fayemi, has extended invitation to Governor Ayodele Fayose to attend his inauguration slated for October 16, 2018, saying he…

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APC primaries characterised by crass impunity, stark arrogance – Party chieftain, SKC Ogbonnia

A chieftain and presidential aspirant on the platform of the All Progressives Congress, APC, SKC Ogbonnia, has said that there was crass impunity and stark…

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APC loses Zamfara as INEC bars party from fielding candidates for 2019 election

The All Progressives Congress (APC) will not field candidates for all elective positions in Zamfara State in the 2019 general elections. This followed a declaration by…

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APC: How I helped Amosun to win governorship election with $1m – Dapo Abiodun

The Ogun State governorship candidate of the All Progressives Congress (APC), Dapo Abiodun, has spoken on his face-off with Governor Ibikunle Amosun. He made salient…

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Nigerian govt announces proposed new minimum wage

The Federal Government of Nigeria has said that after consultations, it has proposed N24,000 as the new minimum wage for civil servants. The Minister of…

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Probe APC chairman, Oshiomhole or lose credibility – CACOL dares EFCC

The Centre for Anti-Corruption and Open Leadership (CACOL) has urged the Economic and Financial Crimes Commission to investigate allegations of fraud levelled against the National…

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