Economy
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States paying outgoing govs jumbo pensions owe N3tn debt – DMO
•TUC warns govs to pay workers’ arrears, experts flay jumbo packages No fewer than 18 outgoing state governors will retire…
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Suspend $800m loan to FG, SERAP tells World Bank
Socio-Economic Rights and Accountability Project has urged the World Bank President, Mr David Malpass, to suspend any disbursement of the…
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Nigeria has capacity to grow daily oil production to 4m – Shell
• Praises NNPC over additional 35,000 barrels of crude recorded at Bonga The Managing Director of Shell Nigeria Exploration &…
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FG can afford pay rise for workers – Festus Keyamo
The Minister of State for Labour, Employment and Productivity, Mr. Festus Keyamo, SAN has said the last-minute move by the administration…
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Customs seize 3,491 Tokunbo vehicles worth N2bn in 2 years
The Nigeria Customs Service has seized a total of 3,491 second-hand vehicles brought into the country illegally with duty paid…
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Osun: Adeleke should not borrow to pay salaries – Don
An economist at the Obafemi Awolowo University, Ile-Ife, Dr. Tunji Ogunyemi has warned Governor Ademola Adeleke of Osun State against…
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No money laundering takes place without connivance of bank officials – EFCC
The Economic and Financial Crimes Commission, EFCC, has said some commercial bank officials are complicit in Nigeria’s money-related fraud. Also,…
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EFCC warns banks’ compliance officers against sharp practices
The Economic and Financial Crimes Commission (EFCC) has warned financial institutions and compliance officers to be diligent and avoid being…
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Telcos to disconnect banks over N120bn USSD debt
There are very strong indications that from 7.00pm tonight bank customers will not be able to access online banking transactions…
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Buhari’s $800 million fresh loan good for country – Don
Prof. Lai Olurode, erstwhile Dean of the Faculty of Social Sciences, University of Lagos, says the fresh loan facility being…
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