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PTAD begins consequential pension increment payment

The Pension Transitional Arrangement Directorate on Wednesday said it has commenced the payment of the consequential adjustment to pensioners under the Defined Benefit Scheme. The Executive Secretary, PTAD, Chioma Ejikeme, said this was in fulfillment of the promise made by President Muhammadu Buhari. Buhari recently approved the implementation of the …

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SEC may sack workers over revenue shortfall

Ololade Omosan-Agie The Securities and Exchange Commission has said it is considering reducing its workforce to cut costs as revenue dwindled. The apex regulator of the capital market said the cut would mostly affected senior members of staff. The Director-General, SEC, Lamido Yuguda, disclosed this in Abuja on Tuesday while …

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NEPZA Boss Calm Staff’s Agitations Over Plot To Undermine Authority’s Status

Ololade Omosan-Agie NEPZA boss rises to calm Staff’s brewing agitations over alleged attempt to undermine Authority’s status Prof. Adesoji Adesugba, Managing Director of the Nigeria Export Processing Zones Authority (NEPZA) has risen to calm mounting agitation of the Authority’s workforce over alleged surreptitious attempt to undermine the legal status of …

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Buhari Appoints Abdulrasheed Bawa as New EFCC Chairman

The President Muhammadu Buhari has appointed Mr Abdulrasheed Bawa as the new Chairman of the Economic and Financial Crimes Commission. The Special Adviser to the President on Media and Publicity, Femi Adesina, disclosed this in a statement on Tuesday titled “President Buhari requests Senate to confirm Abdulrasheed Bawa as EFCC …

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Nigeria’s Ngozi Okonjo-Iweala Becomes New WTO DG

Nigeria’s Ngozi Okonjo-Iweala on Monday became the first woman and African to head the World Trade Organization (WTO) that has been hobbled by dissent within in recent years. “WTO members have just agreed to appoint Dr. Ngozi Okonjo-Iweala as the next Director-General of the WTO. The decision was taken by …

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