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Category: Business

GROUP SEEKS SENATE INTERVENTION ON BAN OF USED VEHICLES. By Praise Chibueze, Abuja

Disturbed by the federal government proposed ban on importation of used vehicles into the country, the Association of Motor Dealers

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Naira Slumps To N365

The naira yesterday hit a new all-time low of N365.25 to the dollar at the interbank foreign exchange market in

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CBN Refutes Skye Bank’s Liquidation Rumors

The Central Bank of Nigeria (CBN) has debunked reports that it has liquidated a deposit money bank even as it

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Petroleum Products Importation Responsible For FOREX Scarcity….Kachikwu

  The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu has blamed the continued decline of the naira against

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Nigeria Loses Billions In 1,600 Cases Of Pipeline Vandalisation

The country has lost billions of naira in 1,600 cases of pipeline vandalisation since the beginning of the year, the

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Pension: EFCC To Prosecute Defaulting Companies

The National Pension Commission(PENCOM) is currently compiling list of companies and organizations defaulting in remitting employees contributions to Pension Fund

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Foreign Airlines: Senate to Summon Aviation Minister. By Praise Chibueze,Abuja

Disturbed by the exit of foreign airlines operating in Nigeria, the Senate yesterday disclosed its plans to summon the Aviation

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NLNG Seafarers Protest Proposed 50% Salary Slash

Seafarers of the NLNG Ship Management Limited (NSML), a subsidiary of the Nigerian Liquefied Natural Gas (NLNG), have decried a

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Museveni makes roadside call on cheap phone

Ugandan President Yoweri Museveni surprised residents of Kyeirumba village with a roadside phone call using a cheap ‘ kabiriti’ on

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Education ministry, stakeholders agree on N2,500 as post-UTME screening fee

The Federal Ministry of Education and other stakeholders in the tertiary education sub-sector have agreed on N2,500 as the fee

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