Validate your accounts or get sanctioned — CAC warns firms

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The Corporate Affairs Commission (CAC) has given registered companies till March 31 to validate their bank accounts or get sanctioned. Its Registrar General, Garba Abubakar...

Billionaires list: Dangote loses $900m in 24 hours

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The President/Chief Executive, Dangote Industries Limited, Aliko Dangote, saw his total net worth drop by $900m on Friday as his flagship company emerged the...

Man Uses Wife, 3 Children As Collateral For N43, 000 Collected From POS Operator

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A middle-aged man simply identified as David, has reportedly abandoned his wife and three children at a Point of Sale (POS) shop, after collecting...

Twitter shares slump 8% after Donald Trump account suspension

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Twitter’s German-listed shares slumped as much as 8 per cent on Monday, the first trading day after it permanently suspended U.S. President Donald Trump’s...

Power transmission hits new peak of 5,584mw

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Twenty four hours after the Nigerian power sector achieved a milestone in wheeled electricity supply in the country, the Transmission Company

No NIN, no vehicle registration from April – FRSC

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The Federal Road Safety Corps (FRSC) says presentation of a valid National Identification Number (NIN) would be compulsory for all categories of vehicle registration from April.

Nigerian government to borrow unclaimed dividends, dormant accounts’ balances

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Despite opposition from stakeholders, the federal government has perfected ways to borrow funds from unclaimed dividends and dormant bank account balances unattended to for...

Paternity scandal: FCMB appoints Yemisi Edun new MD

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The First City Monument Bank (FCMB), on Wednesday, named Mrs. Yemisi Edun as the Acting Managing Director of the bank in the interim. This is...

Strange items in FG’s 2021 budget

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The N13. 588 trillion 2021 federal government budget, accented to by President Muhammadu Buhari on December 31, 2020, is replete with line items that...

NERC denies 50% tariff increase

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The management of the Nigerian Electricity Regulatory Commission (NERC) says there is no 50 per cent increase in electricity tariff. This was made known by...
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