archiveOctober 2019

  FSDH Merchant Bank Limited has advised the Federal Government to implement its revenue drive with caution, so as to limit undue pressure on businesses and consumers. Analysts at the bank gave the advice in a report on the proposed 2020 Appropriation Bill President Muhammadu Buhari submitted to the National...

President Muhammadu Buhari has expressed sadness over the death of a mother and her child as a result of an oil tanker accident in Onitsha, Anambra State. Reacting to the incident in a statement by his spokesman, Malam Garba Shehu, on Wednesday, President Buhari said: “I am profoundly touched by...

  The Rock and Roll Hall of Fame has announced late American international music legends, Whitney Houston and Notorious B.I.G  among its inductees for the 35th annual Hall of Fame ceremony, years after their death. According to US Today, the Rock Hall announced Houston and the legendary rapper B.I.G among...

  The Benue Investment and Property Company (BIPC), on Tuesday announced the sack of 44 workers it claimed were redundant. Its Managing Director, Mr Alex Adum, who announced this at his first accountability press briefing in Makurdi, said that their employment followed due processes, but “lacked business needs”. According to...

To avert a nationwide industrial action by the organised labour, the Federal Government yesterday made a new offer to the workers by shifting ground on its proposal for minimum wage consequential adjustment from 11 per cent to 17 per cent for workers on grade levels 7 to 14, and from...

    The Peoples Democratic Party (PDP) has urged the National Assembly to invoke its statutory powers and directly channel the N10.069 billion presidential funds for payment of salaries and pensions of Kogi State workers to them. President Muhammadu Buhari had written the Nigerian Senate asking it to approve the...

  The benchmark index of the Nigerian Stock Exchange (NSE) halted gains posted in the preceding trading session on Monday to drop by 0.16 per cent. Specifically, the All-Share Index on Tuesday dipped 43.79 points, representing 0.16 per cent to close at 26,513.65 compared with 26,557.44 achieved on Monday. Similarly,...

  adjourns plenary till Nov. 29   The 2020 Appropriation Bill submitted to the National Assembly last week by President Muhammadu Buhari on Tuesday scaled second reading on the floor of the Senate. The upper chamber has subsequently adjourned plenary till 29th November, 2019, to enable Ministries, Departments and Agencies...

The Senate, in a bid to shore up Nigeria’s revenue earning, on Tuesday passed the Deep Offshore and Inland Basin Production Sharing Contract Act 2004(amendment) Bill 2019. This was just as the upper chamber received a formal request from President Muhammadu Buhari seeking the amendment of the Act. The bill...

Nigeria’s leading media measurement and evaluation agency, P+ Measurement Services, has announced the introduction of a dedicated Broadcast Analytics audit Reporting platform to help brands interpret their TV and radio advert compliance reports. In a statement on Tuesday, the agency said the new solution, regarded as the first of its...