Business

The World Bank’s latest Economic Update on the Nigerian economy, which indicated that the poverty rate in Nigeria could even worsen beyond what it currently is, except a new trajectory of development is followed should not be ignored by authorities in the country. The World Bank’s Economic Update also projected …

Despite the objections raised by the Senate about its visa-on-arrival policy for Africans, the Nigeria Immigration Service NIS has released application details for its new Visa-on-Arrival policy for Africans and non-Africans. President Muhammadu Buhari had recently announced the policy for Africans travelling to Nigeria, explaining that it will “bring down …

Amidst resistance from loyalist of the Former President of the Senate, Senator Bukola Saraki, the Kwara state government has demolished the Sarakis’ political home better known as ‘Ile Arúgbó’ in Ilorin. It was gathered that the building was demolished early Thursday morning after security operatives dispersed protesters, including aged women …

The President, Major General Muhammadu Buhari (retd.), wrote a letter to Nigerians to commemorate the New Year. The letter was made available to newsmen on Wednesday in Abuja. Read the full content of the letter below: A LETTER FROM THE PRESIDENT AT NEW YEAR My Dear Compatriots, NIGERIA’S DECADE Today …

Social messaging app WhatsApp will stop working on phones running on Windows mobile operating system from December 31. A FAQ section on the instant messaging app’s website stated, ‘You’ll no longer be able to use all Windows Phone operating systems after December 31, 2019”. Further, the company said WhatsApp app …

The Federal Government of Nigeria has explained why the former executive chairman of the Federal Inland Revenue Service(FIRS), Babatunde Fowler was removed from office. The Federal Government who explained through the Senior Special Assistant to the President on Media and Publicity, Garba Shehu, said Babatunde Fowler’s tenure as executive chairman …

Peoples Democratic Party (PDP) Chieftain, Chief Sunny Onuesoke has reacted to the statement of Nigeria Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed on the eagerness of President Muhammed Buhari administration for the Dangote Refinery to commence operation. The Minister had explained that the take off of Dangote …

Workers of the Federal Inland Revenue Service (FIRS), described Babatunde Fowler handover to the Coordinating Director, Domestic Taxes Group, Abiodun Aina, as a violation of the presidential directive on the handover. Fowler, whose replacement was announced by the Federal Government, had handed over to Aina in acting capacity, pending the …

As controversy rages over plans by management of First Bank Plc to sack over 1000 of its core staff, the Nigeria Labour Congress (NLC) has called for an immediate suspension of the exercise. In a letter dated November 25, 2019 to the bank’s managing director, Labour urged the management to …

The Former Vice-President, Atiku Abubakar, has expressed worry over rates of borrowing in the last four years, saying that the administration of President Muhammadu Buhari, has taken more loans in the last three years, than it did in the 30-year period preceding 2016. Atiku who said this was reveal by …