Business

The National President of Nigeria Union of Local Government Employees, Ambali Olatunji, has said that Nigeria is drifting towards collapse and no longer the country the citizens dream of. Olatunji who made the remarks at the 7th State Quadrennial Inauguration of the newly elected Executives to run the affairs of …

Media Rights Agenda has filed a suit at the Federal High Court in Abuja against the National Information Technology Development Agency (NITDA) over its failure to provide details requested by the organization on its proposed regulatory framework for social media and other online platforms through a “Code of Practice for …

The 2022 Taiwan Culinary Exhibition will take place in Exhibition Hall 1 of the Taipei World Trade Center from 5th to 8th August, 2022. This exhibition also serves as a booster to the culinary industry’s recovery. The Nigeria Trade Office in Taiwan (NTO), Taiwan city governments, embassies, and foreign trade …

The Executive Secretary of Pension Transitional Arrangement of Directorate (PTAD), Dr Chioma Ejikeme, has said the agency is working with security agencies to safeguard pensioners and their payments. She said this during a sensitisation and collaboration forum with anti-graft agencies and other relevant stakeholders in Abuja on Monday. Ejikeme said …

The Director-General and Chief Executive Officer of the Industrial Trust Fund ITF, Joseph Ari has announced the commencement of strict regulations of vocational training centers to check the quality of graduates of skills acquisition centres. Ari disclosed this during a media briefing on the 2022 to 2025 ITF strategic policy …

The Corporate Affairs Commission is planning to replace passport and driver’s license with the National Identification Number for businesses registration. The development is coming as the Nigerian government has made it compulsory for Nigerians to enroll. It is also a prerequisite for holding SIM cards. CAC’s Registrar-General, Garba Abubakar,  disclosed …

The Lagos state government have launched the official trading of Eko Gold coin by the Lagos Commodities and Futures Exchange (LCFE). This trading which has its license from the Securities and Exchange Commission (SEC), and is aimed at trading gold with the London Bullion Market Association and targeting globally acceptable …

Nigeria’s telecommunications regulator said it spent N500m on universities, Polytechnique and other tertiary institutions. The Nigerian Communications Commission (NCC) disclosed in a statement on Monday that the fund was committed to facilitate research and innovations in the ICT space which would benefit the Nigerian telecommunications industry. The Executive Vice Chairman …

A Federal High Court sitting in Abuja, has ordered the final forfeiture to the Federal Government of N120 million traced to a primary school teacher, Mrs. Roseline Egbuha, and her accomplices, by the Independent Corrupt Practices and Other Related Offences Commission (ICPC). The forfeited money, as well as cars, form …

The FCMB Group Plc has declared a 73.2 per cent growth in profit for the six months ended June 30, 2022. A statement said the bank recorded a profit before tax of N15.4bn, an equivalent of 73.2per cent year-on-year growth compared to N8.9bn in 2021. It also recorded 84.2per cent …