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CBN announces new capital base for Microfinance Banks
The Central Bank of Nigeria (CBN) has announced N5 billion as the minimum capital requirement for national microfinance bank in…
CBN revokes operating licences of nine micro-finance banks
The National Association of Micro Finance Banks on Monday said that nine out of the 34 micro finance banks in Niger State have…
N22.6bn Entitlements: FG begins payment to ex-Nigeria Airways workers
The federal government has begun the payment of 50 per cent entitlements of ex-workers of the defunct Nigeria Airways who have…
‘FG loses $2.5bn to gas flaring’
Mr Chinedu Onyeizu, Chief Executive Officer, AfriPERA, an Energy and Infrastructure Policy research organisation, says Nigeria…
NAICOM Suspends Recapitalisation of Insurance Firms
The implementation of Tier-based Minimum Solvency Capital policy for insurance companies operating in Nigeria has been suspended…
Dangote refinery’ll boost downstream oil sector – LCCI
The Lagos Chamber of Commerce and Industry has said the Dangote Group’s oil refining and petrochemical project will lead to the…
Minimum Wage: Organised Labour threatens nationwide strike Nov. 6
The Organised Labour says it will embark on nationwide strike on November 6, if the Federal Government fails to meet its demand on…
Minimum wage: Employees cannot dictate salaries to their employers –…
The Minister of Labour and Employment, Dr. Chris Ngige, has insisted that employees cannot dictate to their employers what they…
900 Nigeria Airways retirees die awaiting pensions
A member of the Ministerial Committee on the verification of payment of retired Nigeria Airways workers ,Captain Shu’aibu Alfa,…
Beware! Bank staff, criminals collaborating to clone ATM cards, other…
The Commissioner of Police, Anti-Fraud Unit, Federal Criminal Investigation Intelligence Department (FCIID) Ikoyi- Lagos, Dan…