The Central Bank of Nigeria says it is closely monitoring the use of naira-denominated cards for international transactions by bank customers.
The National Pension Commission on Saturday said no fewer than 184,979 retirees benefited from Contributory Pensions Scheme.
The National Pension Commission (PenCom) has kicked against the bill seeking to exclude paramilitary organisations including the police from the Contributory Pension Scheme (CPS).
Diamond Bank Plc has created additional 13 millionaires in its daily extraordinary draws across the six geopolitical zones of Nigeria’s economy.
However, according to insiders, the bank is exposed to litigation issues that could see it in serious financial trouble in the future as events unfold in the courtroom.
Supranational trade finance bank, African Export-Import Bank (Afreximbank), says it is opening its shareholding to the investing public with a 300 million dollars equity offering through the issuance of depositary receipts.
Nigeria’s foreign exchange reserves rose to $31.22 billion, data from the Central Bank of Nigeria, CBN, have shown.
“About 57per cent of the total foreign capital inflows into the Nigerian economy between January and May 2017 was recorded in April 2017 and May 2017 following the commencement of the I&E window on April 24, 2017,” they stated.
The Ogun State government has asked the Federal Government to accord it the deserved recognition regarding the state of Value Added Tax being generated in the state compared to other states.
The Federal Government has filed a notice of discontinuance of the suit it filed against seven commercial banks seeking the remittance of the sum of $793.2 million allegedly hidden with them in contravention of the Treasury Single Account policy.
The Central Bank of Nigeria (CBN) has disclosed that Naira currency in circulation dropped by 5.6 per cent to N1.77 trillion in July 2017.
The IATA representative noted that this situation had forced many airlines in the past to terminate their operations into Nigeria due to non-remittance of their money for sale of tickets.
The President of the Senate, Bukola Saraki, has stated that the inability to access finance, inadequate power supply and the underdeveloped transport systems are major factors hindering millions of productive but unemployed and underemployed youths from starting small businesses.
The Special Adviser to the Edo State Governor on Media and Communication Strategy, Mr. Crusoe Osagie, has said Governor Godwin Obaseki delivers sustainable projects to better the lives of Edo people and does not go about stuffing dollars in babariga, like the Kano State Governor, Abdullahi Ganduje.
Malam Shehu Sani, who represented Kaduna Central in the Senate from 2015 to 2019, has called on the Kaduna state government and security agencies to seek out better strategies toward ending killings in the state.
Governor David Umahi of Ebonyi State, Friday, called on President Muhammadu Buhari to increase funding and logistics to the Nigeria Army, rather than contemplating sacking the Service Chiefs.
China sentenced another Canadian to death on drugs charges Friday, the second in two days to be handed the punishment, as tensions soar between Beijing and Ottawa.
Fifteen passengers and a pilot have been reported dead after an Air India Express flight skidded off the runway at Calicut international airport in Kerala.
The United Global Resolve for Peace Organisation, a Non-Governmental Organisation (NGO), has dragged the former Speaker of the House of Representatives, Mr Yakubu Dogara, seeking that his seat be declared vacant, following his defection to the All Progressives Congress (APC).
Bristow Helicopters has announced the sack of about 100 pilots and engineers following the devastating effect of the coronavirus pandemic on its operations and finances. The announcement comes barely 24 hours after Air Peace announced the sack of about 70 pilots citing the pandemic’s effect on its finances.
The Chief Judge of the Federal High Court of Nigeria, Justice John Tsoho, and members of his immediate family have tested negative for coronavirus otherwise known as COVID-19.
Leon Balogun is unhappy with the challenge from Aberdeen’s Scott McKenna, which left him in a heap on his debut for Glasgow Rangers.
The Government of Plateau State and the Senator representing Plateau North in the National Assembly, Istifanus Gyang, have said that the people of Plateau will not tolerate any action that will breach the hard-earned peace in the State.