archive2020

Academic Staff Union of Universities (ASUU), Benin Zone said on Wednesday that the Federal Government was using hunger to compel its members to enroll in the Integrated Payroll and Personnel Information System (IPPIS). The body expressed doubt over Minister of Labour and Employment, Dr. Chris Ngige’s capacity and commitment to...

Northern governors have said that their position on the disbandment of the Special Anti-Robbery Squad (SARS) unit of the Nigerian Police was misconstrued by some people. The governor of Plateau State and Chairman of Northern Governors Forum, Simon Lalong, stated this on Wednesday in Kaduna State at the inauguration of...

  Owner of Global Fleet Oil & Gas Limited and NICON Investment Limited in Lagos and Abuja, Mr. Jimoh Ibrahim, has lost 12 choice assets to the Asset Management Corporation of Nigeria (AMCON) over a N69.4 billion debt. The assets takeover followed an order by Justice R.M. Aikawa of the...

  101,567 beneficiaries drawn from 16,250 businesses paid   As the implementation of its Economic Sustainability Plan, ESP, continues, and in furtherance of its commitment to support small businesses to cushion the economic effects of the COVID-19 pandemic, the Buhari administration has commenced payment to beneficiaries of the payroll support...

  In its continued determination to cushion the socio-economic condition in the country even as the Economic Sustainability Plan (ESP) is in progress, the Buhari administration will be offering more tax incentives to Nigerians especially through the forthcoming 2020 Finance Bill. Some highlights of the proposed bill include: Reduction in...

  Justice Okon Abang of the Federal High Court, Abuja on Wednesday, November 18, 2020, revoked the bail he granted to Abdulrasheed Maina, former chairman, Pension Reform Task Team (PRTT) and  issued at warrant for his arrest; stating additionally that he would continue his trial in absentia. The ruling followed...

  The members of The Nigerian Stock Exchange (NSE) voted overwhelmingly today at its 59th Annual General Meeting (AGM) – a meeting which is expected to be its last as a mutual entity – to support the listing of the Nigerian Exchange Group Plc (NGXG) on the Nigerian Exchange Limited...

as gov declares agency operational, calls for professionalism says state police needed to surmount security challenges to present 2021 Budget to House of Assembly next week Governor of Oyo State, Engineer Seyi Makinde on Wednesday said that the Oyo State Security Network Agency, codenamed Amotekun Corps, is the state's local...

The Central Bank of Nigeria (CBN) on Wednesday said the implementation of the cashless policy aimed at promoting financial inclusion had increased the risks associated with electronic banking in the country. Mr Hassan Bello, the CBN Director, Banking Supervision Department said this at the First Bank of Nigeria Information Security...

 The Nigerian Stock Exchange (NSE) on Wednesday recorded the first gain in the week, halting the negative trend following positive sentiments in Dangote Cement and Lafarge Africa. Consequently, the All-Share Index increased by 575.18 points or 1.68 per cent to close at 34,818.01 compared with 34,242.83 posted on Tuesday. Thus,...