……The shift makes the NSE the 57th exchange in the world to embrace such a transformation since Sweden’s Stockholm Stock Exchange piloted the move in 1993. The Nigerian Stock Exchange (NSE) will henceforth run as a public company limited by shares, rather than a private company limited by guarantee of owners or members after consummating […]
By Foster Obi Founder of the National Association of Government Approved Freight Forwarders (NAGAFF), Dr. Boniface Okechukwu Aniebonam has once again highlighted the need for the return of officials of the Standards Organisation of Nigeria (SON) to the nation’s seaports to ensure efficient and effective stoppage of fake and substandard products from entering Nigeria. A […]
Human rights lawyer and a Senior Advocate of Nigeria, Femi Falana, has called for the return of the £4.2million looted by ex-Delta State Governor, James Ibori back to the Niger Delta state. Falana made the call on Wednesday during an interview on Channels Television’s Politics Today, noting that the Federal Government cannot lay claim to […]
Two out of every five people working in Nigerian banks are contract staff, analysis of data provided by the National Bureau of Statistics has shown. According to the NBS, as of the end of September 2020, 23 banks operating in employed a total of 95,888 workers. Out of this number, 40,382 of them were contract […]
The value of trade in the fourth quarter was the highest recorded over the past year, the NBS said. Nigeria recorded its worst trade deficit in at least 20 years in the fourth quarter of 2020, a report by the National Bureau of Statistics (NBS) has shown. According to the 2020 fourth quarter Foreign Trade […]
Under no circumstances should a customer be placed on estimated billing on account of the failure of a power distribution company to install a replacement meter, the Nigerian Electricity Regulatory Commission has said. According to NERC, Discos must desist from such acts henceforth, as a lot of customers had raised complaints about this. This directive […]
The Nigerian Labour Congress will today (Wednesday) hold a nationwide protest over moves by the National Assembly to remove the national minimum wage from the exclusive to the concurrent legislative list. The congress in an invitation to journalists on Tuesday said the protest would hold in the 36 states’ Houses of Assembly and at the […]
The UK has promised to return to Nigeria £4.2m ($5.8m) which was stolen by a former governor. Former Delta State Governor James Ibori was convicted of money laundering in the UK in 2012. Prosecutors say he stole an estimated £117m from the oil-rich state. This is the first time that money recovered from criminals will […]
A senior official of the Nigeria Customs Service has explained how operatives offered bandits seven bags of seized rice to save themselves from the criminals. Comptroller Aliyu Mohammed, who is the Coordinator of the Sector 4 Command of the Joint Border Patrol Team in the North West, narrated how the incident occurred during a press […]
….. Dubai to become one of the world’s first cities to implement digital verification of passenger medical records relating to COVID-19 testing and vaccination …. Emirates and Dubai Health Authority to create seamless digital verification of COVID-19 medical records for travelers Emirates and the Dubai Health Authority (DHA) signed a Memorandum of Understanding (MoU) which […]