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Pioneer Chairman of the League Management Company (LMC), Hon. Nduka Irabor, has opened up on several challenges facing the Nigeria Nigeria Professional Football League (NPFL).

Nigerian government insists on virus protocols for restart of NPFL, other leagues

The Minister of Youth and Sports Development, Mr. Sunday Dare, has read out the riot acts to the Nigeria Football Federation and club owners – that no stadium would be opened for any football game without strict adherence to the sports protocols, even as there must be total implementation of the club licensing control before the new football season can resume.
The Minister of Youth and Sports Development, Mr. Sunday Dare, on has turned the heat on the Nigeria Football Federation (NFF) saying football in the country is going backward.

Nigerian government reads out riot act to NFF, clubs over resumption of league

The Minister of Youth and Sports Development, Mr. Sunday Dare, has read out the riot acts to the Nigerian Football Federation and club owners that no stadium would be opened for any football game without strict adherence to the sports protocols, even as there must be total implementation of the club licensing control before the new football season can resume.

POS, Mobile transactions volume hits four-year high in Nigeria

According to the Principal Lead MasterCard Advisors for Sub-Saharan Africa, Bola Asiru, “POS transaction volume along with mobile transactions (Interscheme) value, reached four years high with N416 billion and N275 billion transactions in July respectively.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE: Investors stake N3.79 billion on 419.66 million shares in bullish trading

The Nigerian Stock Exchange (NSE) on Friday moved 419.66 million shares worth N3.79 billion in bullish trading.
Two yet-to-be-identified persons lost their lives on Friday when a helicopter crashed into a building on Salvation Road, in the Ikeja area of Lagos State.

Lagos copter crash: Quorum Aviation says company’s certificates, insurance valid, genuine

Quorum Aviation, operators of the ill-fated helicopter that crashed on Friday at Opebi area of Ikeja, Lagos yesterday said the company has all the requisite certificates and approvals obtained through a very rigorous process from Nigeria Civil Aviation Authority, NCAA.
South Africa grocery retailer, Shoprite, has announced that it is considering selling all or parts of its Nigerian operations to yet to be named investors.

South Africa retailers feel pain from virus pandemic

South Africa's retail industry is feeling the pain from the coronavirus pandemic on two fronts -- store closures during lockdown and the sharply reduced purchasing power of households.

House of Reps begin probe into NigComSat’s N180.9 million insurance premium

The House of Representatives Committee on Insurance and Actuarial on Tuesday, began investigations into the N180.9 million insurance premium allegedly paid for the failed Satellite 1 project launched in 2011.

NAICOM releases guidelines of minimum paid-up share capital for insurance companies

The National Insurance Commission (NAICOM) on Tuesday released guidelines for the payment of Minimum Paid-up Share Capital by insurance and re-insurance companies in compliance with the first phase recapitalistion directive deadline of Dec. 31.

Senate to support NDIC in protecting depositors

The Senate Committee on Banking, Insurance and Other Financial Institutions, has pledged to support the Nigerian Deposits Insurance Corporations (NDIC) to carry out its functions more effectively.
UBA SANI

Senator Sani: Senate, NDIC retreat a huge success

Senator Uba Sani has described the retreat held by Senate Committee on Banking, Insurance and Other Financial Institutions with the Nigeria Deposit Insurance Corporation (NDIC) in Kaduna as a huge success.
U.S. President Donald Trump on Thursday raised the possibility of delaying the nation’s Nov. 3 presidential election despite its date being enshrined in the U.S. Constitution, drawing immediate objections from Democrats.

Donald Trump denies being probed for ‘broader’ financial fraud

United States President Donald Trump on Monday dismissed claims by Manhattan District Attorney, Cyrus Vance, that he was being investigated for ‘broader’ financial and insurance fraud.

NECO releases date, guidelines for 2020 exams

The National Examinations Council has released the date and guidelines for the conduct of its 2020 examinations.

NCC revises USSD pricing

The Nigerian Communications Commission, has revised the previous price for Unstructured Supplementary Service Data (USSD).

WAEC releases 2020 WASSCE timetable

The West African Examinations Council (WAEC) has released the timetable for the 2020 West African Senior School Certificate Examination.
MURIC Director, Prof. Ishaq Akintola, said this in a statement on Monday in Lagos.

MURIC: WAEC timetable anti-Muslim

An Islamic human rights organisation, Muslim Rights Concern, has rejected the examination timetable recently released by the West African Examinations Council for the 2020 West African Secondary School Certificate Examinations scheduled to begin on August 11, 2020.
Senator representing Kaduna Central zone, Malam Uba Sani, has flagged-off distribution of palliatives to two million households in the seven local government areas that makeup his constituency.

Senator Sani: New banking, financial bill long overdue

Senator Uba Sani representing Kaduna Central, in the upper chamber, stated that he is elated by the passage of his Bill for an Act to Repeal the Banks and Other Financial Institutions Act 2004.

Port: Shippers Council, NAICOM collaborate on insurance cover, risk management

The Nigeria Shippers Council (NSC) on Tuesday revealed collaboration with National Insurance Commission (NAICOM) on how to reduce the cost of doing business through the introduction of insurance cover on Containers regime and risk management at the various Ports.
A branch of South African mobile communications provider Vodacom in Cape Town is shown in this picture taken November 10, 2015. REUTERS-Mike Hutchings-File Photo

Vodacom partners with China’s Alipay to create ‘super app’

Vodacom Group plans to create a ‘super app’ in partnership with digital payment provider Alipay, part of China’s Alibaba group, to allow consumers in South Africa to shop online, pay bills and send money to family from next year.

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The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE market indicators resume week with 0.01% growth

The market indicators of the Nigerian Stock Exchange (NSE) resumed transactions for the week on Monday with a marginal growth of 0.01 per cent, amid cautious trading.
EDITORS NOTE: Graphic content / The container ship MSC Samantha of the Meriterranean Shipping Company is docked at the Apapa Port Complex in Lagos, Nigeria's economy hub, on April 8, 2019. - The Nigerian port is congested with hundreds of ships, idly queueing for days to offload containers with goods. Lagos port congestion is affecting port operations and creating a severe backlog at ports, causing carriers’ containers to be held in port for extra days, as well as creating several miles of truck traffic at roads that links to port gates. (Photo by PIUS UTOMI EKPEI / AFP)

NPA: 20 ships discharging petrol other items at Lagos port

The Nigerian Ports Authority (NPA) on Monday said that 20 ships at the Lagos ports were discharging petroleum products and food stuff.
The Petroleum Products Pricing Regulatory Agency (PPPRA) is set to commence a comprehensive audit and survey of downstream oil and gas logistic facilities, with a view to identifying the infrastructure gap in the sector

PPPRA: Previous administrations spent N8.9 trillion on subsidy in 10 years

The Petroleum Products Pricing Regulatory Agency, PPPRA, yesterday, disclosed that N8.9 trillion was spent on fuel subsidy by the Federal Government, mainly by previous administrations, between 2006 and 2015.
Chairman of the Presidential Taskforce on Covid-19 and Secretary to the Government of the Federation, Mr Boss Mustapha, who stated this yesterday during the daily briefing of the Taskforce, added that the federal government would also put in place measures to control the movement of nomadic herdsmen who go across the border in search of greener pastures for their cattle.

PTF warns against neglect of virus protocols

The Presidential Task Force (PTF) on COVID-19 has warned against perceived neglect of the non-pharmaceutical protocols and other measures aimed at tackling the spread of the coronavirus (COVID-19) pandemic in the country.
Governor Yahaya Bello of Kogi has expressed his administration’s commitment to the development of the education sector as the key to high-level human capital development needed for emancipation of the people.

Kogi governor sacks revenue board

The board of Kogi State Internal Revenue Service (KGIRS) has been sacked with immediate effect.