By Dakuku Peterside Nigerians have divided opinions about the efficacy of democracy in driving its development. There are constant threats to our democracy stemming from procedural and structural deficiencies in the system. At the core of these deficiencies are the…
By David Awoyemi The Central Bank of Nigeria (CBN) is set to mop up funds in accounts that have been dormant for up to 10 years into a trust fund account. This was disclosed recently in the released exposure draft…
Fidelity Bank Plc has completed and announced the result of the Private Placement of 3,037,414,308 ordinary shares of 50 kobo each at N4.60 per share. According to a corporate action document published on the Nigerian Exchange completely done, the private…
The Gold Miners Processors and Marketers Association of Nigeria (GMPMA) said it is committed to partner with other mining developed countries to achieve international standards in the sector. President of the association, Mr Auwal Bununu, said this while speaking with…
By Philemon Adedeji Despite the economic headwinds that characterised 2022, Dangote Sugar Refinery Plc (DSR) will pay N18.22 billion as dividends to shareholders for the year ended December 31, 2022, while also targeting the production of over 170,000 tonnes of…
The Independent Petroleum Marketers Association of Nigeria (IPMAN), has raised alarm over the presence of adulterated Automotive Gas Oil (AGO), commonly known as diesel. The Chairman of IPMAN, Enugu depot, Mr Chinedu Anyaso in charge of Anambra, Ebonyi and Enugu states,…
The Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM) has attributed hike in the price of cooking gas to fluctuations in exchange rate, multiple taxes, scarcity of foreign exchange, among others. Mr Bassey Essein, Executive Secretary, NALPGAM, said this in…
Bankole Taiwo, Abeokuta A Professor of Forensic Accounting with Babcock University, Ilisan Remo, Prof. Samuel Dada has urged the Economic and Financial Crimes Commission (EFCC) to always engage use of forensic Accountants from certified professional firms to enhance investigation of…
By Matthew Denis Following a flat rate forecast by the International Monetary Fund (IMF) for Nigeria’s economic growth rate in the 2023 and 2024, the Central Bank of Nigeria (CBN) has picked the challenge and set to sustain its recent…
By Sodiq Adelakun The National Drug Law Enforcement Agency (NDLEA), has arrested a 22-year-old HND 1 female student of Federal Polytechnic, Ilaro, Ogun state, Isoyo Iveren Susan. Susan was arrested on Saturday 15th April opposite the 2nd Gate of the…
