Access Holdings Plc said that its wholly owned subsidiary, Access Bank has completed the acquisition of a majority equity stake in African Banking Corporation of Tanzania (ABCT) Limited, a subsidiary of Atlas Mara Limited, a London Stock Exchange listed entity.…
By Opeyemi Abdulsalam The Nigerian National Petroleum Company Limited (NNPC Ltd.) has denied allegations of inflating subsidy claims by N3.3 trillion, describing the report as “ridiculous” and “products of febrile imagination.” In a statement signed by Chief Corporate Communications Officer,…
…Says further strike action depends on Tinubu’s decision By Opeyemi Abdulsalam The Organised Labour has rejected the N62,000 offer by the federal government and proposals by some individuals and economists of N100,000. Recall that the Nigeria Labour Congress (NLC) and…
…FG, States, LGs share N1.14trn By Seun Ibiyemi The Federation Account Allocation Committee (FAAC) has revealed that there was a sharp decrease in revenues accruing from the Value Added Tax (VAT), Import and excuse duties, amongst others. The FAAC made…
By Matthew Denis, Abuja Contrary to reports making rounds, the Central Bank of Nigeria (CBN) has dismissed a purported sack of the current board and management of Unity, Keystone and Polaris Banks. Speaking on Monday Night with our correspondent on…
Personnel of the Nigerian Army in an operation carried out in Isiala-Ngwa North Local Government Area, Abia State, apprehended 20 members of the Indigenous People of Biafra (IPOB) and killed 10. This military operation was conducted on Wednesday, 1 November…
President Bola Tinubu has appointed a retired Deputy Inspector-General of Police, Hashimu Argungu, as the new chairman of the Police Service Commission. His appointment brought to an end the tenure of a retired Inspector General of Police, Solomon Arase, as…
The Niger Delta Development Commission has presented a total of N1.91tn 2024 budget before the Senate Committee on Niger Delta Affairs. The agency’s managing director, Dr Samuel Ogbuku, presented the estimates of the fiscal document on Monday to the senators, along…
The Chairman of the Nigerians in Diaspora Commission, Abike Dabiri-Erewa, has condemned human trafficking after intervening in the rescue of 10 Nigerian girls trafficked to Ghana for prostitution under the guise of being “sales girls.” This was contained in a…
Ogun State Governor, Dapo Abiodun, has approved an immediate increase in the quarterly payment of gratuity from N1 billion to N2 billion. The increase represents 100 per cent in aggregate for both the state and local government pensions. Adesoji Adewuyi,…
