archiveDecember 5, 2023

  French’s Minister of the Interior and Overseas, Laurent Baile has expressed support for the Economic and Financial Crimes Commission, EFCC, in its relentless fight against economic and financial crimes and other acts of corruption. He made this disclosure on Tuesday, December 5, 2023 in Abuja while on a courtesy...

  The Nigeria Labour Congress (NLC) has said the commencement of negotiation of the new National Minimum Wage in 2024 would be based on the prevailing cost of living in the country. Mr Joe Ajaero, NLC President, said this at the ongoing 19th edition of the NLC 2023 Harmattan School,...

Equity investors on the Nigerian Exchange Ltd. (NGX) on Tuesday recorded a gain of N166 billion as the market closed on a positive note The Market Capitalisation closed at N38.989 billion as against N38.823 billion posted at the end of Monday trading, representing 0.43 per cent increase. The NGX All-Share...

  Bishop of Sokoto Archdiocese, Matthew Hassan Kukah, has lamented the abolition of History as a course of study in Nigeria’s education curricula, regretting that the nation today, has no collective political memory. He noted that the missing links of history have left Nigerians “vulnerable to the rapacious attacks of...

The Senate Public Account Committee has launched investigation into how the Nigerian Customs Service under-remitted N62bn in the revenue generated by the agency. The revelation of the under remittance is contained in 2017 Auditor General Report which is currently being considered by the committee chaired by Senator Ahmed Wadada. The...

The presidential candidate of the Labour Party (LP) in the last election, Peter Obi, has described the bombing of Tudun Biri Villagers in the Igabi Local Government Area of Kaduna State by the Nigerian Army as regrettable. The Nation reports that the Nigerian Army on Tuesday apologised over the accidental...

The Economic and Financial Crimes Commission (EFCC) on Tuesday, December 5, 2023, presented a budget of N76.586billion (Seventy Six Billion, Five Hundred and Eighty Six Million Naira) as its budget proposal for 2024 to the House of Representatives’ Committee on Financial Crimes. The proposed budget represents a 53.48% increase over...

The arraignment of a businessman, Chief Cletus Ibeto before Justice I.O. Ijelu of the Lagos State High Court sitting in Ikeja for an alleged N4.8 billion fraud was, again, stalled on Tuesday, December 5, 3023 due to his absence in court. Ibeto alongside Ibeto Energy Development Company and Odoh Holdings...

.Education gets largest allocation with 20.88% Governor of Oyo State, 'Seyi Makinde, has presented the 2024 Appropriation Bill tagged Budget of Economic Recovery to the state House of Assembly, noting that the budget is a chance for his administration to show its responsiveness to the current economic situation in the...

The Nigerian National Petroleum Corporation (NNPC) Ltd. has expressed its commitment to work with global partners in the march towards reducing methane emissions in oil and gas operations. According to a press statement signed and sent to Business247News Online by the Corporation’s Chief Corporate Communications Officer Mr. Olufemi O. Soneye...