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About two in five companies privatised by the Bureau for Public Enterprises since inception are not performing, the agency has stated.
The Nigerian Postal Service, NIPOST, has declared that Electronic Money Order will debut in Nigeria in February, just as Postmaster General of the Nigerian Postal Service (NPS), Mr. Bisi Adegbuyi, said the planned restructuring and modernisation of the Service will not lead to job loss.
The Federal Government has given official recognition to Messrs UC Rusal, a Russian Company, as the core investor of the Aluminium Smelter Company of Nigeria (ALSCON), Ikot Abasi, Akwa Ibom State, following the signing of the Renewed Share Purchase Agreement between Government and the Russian company in Abuja, on Friday.
The High Court of the Federal Capital Territory, Maitama says enforcing the Supreme Court order of July 6, 2012 remains the most viable option to resolve the lingering crisis over the sale of the Aluminium Smelter Company of Nigeria, ALSCON, Ikot Abasi.
The nation’s banks could lose over N466 billion exposures to the power sector due to new policy by the Nigerian Electricity Regulatory Commission (NERC).
The Senate Ad-hoc Committee on Alleged Fraudulent Activities in Collection, Accounting, Remittance and Expenditure by Revenue Generating Agencies has invited the Inspector-General of Police (IGP), Mr Ibrahim Idris, to appear before it.
National Emergency Management Agency (NEMA), on Monday accused members of the Shiite group, Islamic Movement of Nigeria, of burning down two ambulances at the Agency’s Emergency Response and Ambulance Bays (ERABs) in Abuja.
Activities on the nation’s bourse opened for the week on Monday on downward posture, with crucial market indices shedding 0.40 per cent.
The Federal Government has revealed that the new minimum wage of N30,000 is yet to be implemented in full across the board in the Federal Civil Service because of unrealistic demands of the labour unions.
Abba Kabir-Yusuf, the Peoples Democratic Party (PDP) candidate in the March 23 Governorship election in Kano State, on Monday, tendered 241 exhibits before the state Governorship Election Petition Tribunal.
The Federal Government on Monday in Abuja affirmed its readiness to deploy biogas for electricity generation in the country.
The Nigerian Immigration Services generated a total of N39.06bn through the issuance of passports and other services within the 2018 fiscal period.
President Mohammadu Buhari, his party, the All Progressives Congress (APC) and the Independent National Electoral Commission (INEC) have said they do not intend to call any witness in the petition by the Hope Democratic Party (HDP) and its presidential candidate in the last election, Ambrose Owuru.
The Nigeria Football Federation (NFF) has no plans to sack Super Eagles head coach, Gernot Rohr after the Africa Cup of Nations, according to the NFF President, Amaju Pinnick.
His current contract expires in 2021 and he’s expected to be one of Marcelo Bielsa’s most reliable figures this season after featuring 46 times during last season’s run to the Championship play-offs.
Socio-Economic Rights and Accountability Project (SERAP) has sent a petition to Mrs. Fatou Bensouda, Prosecutor, International Criminal Court (ICC), urging her to use her “good offices to investigate whether the problem of out-of-school children in Nigeria, and the failure of the Nigerian authorities over the years to address it amount to violence against children and crimes against humanity within the jurisdiction of the ICC.”