Thursday, 21 November, 2024

Category: Business


Corporate Affairs Commission, CAC, says it has stricken-off the names of the companies that have failed or refused to update the annual returns. It announced that the detailed list is posted on the Commission’s website. The commission said on Wednesday Read more…


By Uzo Ugwunze The Anambra State Commissioner for Information, Dr. Law Mefor has described Governor Chukwuma Soludo as labour friendly for being among the first set of Governors to implement payment of the New Minimum wage since October 2024. According Read more…


The Federal Government has lifted the ban restricting the posting of members of the National Youth Service Corps to the public sector, allowing for corpers to now be posted to private sector organisations, including banks and oil and gas companies. Read more…


Nigerian journalist and former presidential candidate, Dele Momodu has debunked rumour circulating about the death of Globacom founder, Mike Adenuga. In an X post on Tuesday night, Momodu said he had a phone call with the reclusive billionaire. He said Read more…


The FCT Minister disclosed this in Abuja on Tuesday when he addressed journalists shortly after he inspected the road to ascertain the structures affected by the road construction exercise for which compensation is to be paid. He said a report Read more…


2025 budget. I want to assure you all that every kobo entrusted to us will be used judiciously to provide value to you. You have put your trust in us to serve you, and together with our Solution Team, we Read more…


President Bola Tinubu is set to depart Abuja for Rio de Janeiro, Brazil, to attend the 19th meeting of the G20 Leaders’ Summit, taking place from November 18 to 19, 2024. This trip comes after Brazilian President Luiz Inacio Lula Read more…


From Ifeoma Ejiofor The National Association of Surface Tank Oil and Gas Retailers of Nigeria(NASTOGRN) has asked the Federal Government to declare war on illegal transactions going on in the oil sector. The president of NASTOGRN, Nze Ibeneme Frank, made Read more…


stern warning to Deposit Money Banks over cash hoarding and diversion, stating that such actions will attract stiff penalties. In a circular dated November 13, 2024, signed by the Acting Director of Currency Operations, Muhammad Olayemi, and released by the Read more…


The Executive Secretary, Federal Capital Development Authority (FCDA), Engr. Shehu Hadi Ahmad, has been suspended indefinitely. According to a terse statement on Thursday night by Lere Olayinka, the Senior Special Assistant on Public Communications and New Media to the Minister Read more…


The Federal Executive Council (FEC) has approved a proposed national budget of ₦47.9 trillion for the 2025 fiscal year. The Minister of Budget and Economic Planning, Atiku Bagudu, disclosed this after the Council meeting chaired by President Bola Tinubu at the Read more…


MultiChoice Group Limited has written off $21m deposited in Nigeria’s Heritage Bank following the financial institution’s liquidation earlier this year. This disclosure was contained in the company’s interim financial statements for the half-year ending September 30, 2024. The sum was Read more…