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Monthly Pension Contributions: Commission recovers N24.5bn from employers
The National Pension Commission (PenCom) has recovered over 24.5 billion Naira, (N24,533,339,305.09) from defaulting employers who failed to comply with the provisions of Pension Reform Act 2014, which makes monthly pension contributions…
Automated Self-Service Banking Opens in University of Ibadan
A fully automated Self-Service Banking system known as the FirstBank Digital Xperience Centre (DXC), has launched on the campus of the University of Ibadan (U.I).
The DXC was established by one of Nigeria's foremost commercial…
Flights from Nigeria to Antigua and Babuda set to begin
A Nigerian Airline Company, Air Peace, is set to commence direct flights to Antigua and Barbuda, authorities have said.
The Permanent Secretary, Federal Ministry of Aviation and Aerospace, Dr Emmanuel Meribole revealed the plan at a…
Akwa Ibom state seeks partnership with Oil and Gas Free Zones Authority
Akwa Ibom state government has sought for the support of the
Oil and Gas Free Zones Authority (OGFZA) to fast track development in the state.
The Governor of the southern Nigerian state, Mr Umo Eno made the appeal when the Special…
Nigerian Equities Market Rebounds By 1.62 Percent Profit
Nigeria's equities market bounced back to positive territory at the close of business on Thursday with a 1.62% profit on its benchmark index.
The market capitalisation of listed equities at Nigerian Exchange Group Limited, NGX returned…
Niger Owes Nigeria N4bn For Power Supply – NERC
The Nigerian Electricity Regulatory Commission in her first quarter report stated that Niger currently owes Nigeria N4.22bn ($5.48m: $/N769.27 exchange rate) for power supply.
According to the report, Niger’s state power firm, Nigerien…
Marketers Announces Cooking Gas Price To Rise Next Week
Tougher times are ahead of gas consumers, as marketers have hinted that prices will go up next week.
The President of the Nigerian Association of Liquefied Petroleum Gas Marketers, Olatunbosun Oladapo, said gas consumers should brace…
Over N612bn N’Delta Projects Cancelled And Abandoned – NDDC report
A total of 1,587 projects valued at N612.4bn that are under the Niger Delta Development Commission have been terminated and abandoned in the Niger Delta region.
Data from the report specifically showed that 1,262 projects in the region…
US Accuses China Of Influencing Nigeria With Loans
The United States has said China has the potential to influence the Nigerian government through Chinese loans.
This was stated in the Integrated Country Strategies document by the US Department of State, reports said.
The document was…
New CEO, Odubiyi Acquires 100m Shares Of Sterling Holdco
The newly-appointed Group Managing Director/Chief Executive Officer, Sterling Financial Holdings Company Plc, Yemi Odubiyi, has acquired 100m units of the shares of the lender.
According to the Nigerian Exchange Limited, Odubiyi…