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Matthew Denis

270 stories

  1. Business

    CAC to delist 100,000 dormant companies

    The Corporate Affairs Commission (CAC) has announced the commencement of a new round of delisting about 100,000 companies that have failed to comply with the requirements of the Companies and Allied Matters Act (CAMA) 2020. The commission made the announcement in a public notice on Tuesday. CAC also disclosed that the names of affected companies ...

  2. News

    CAC to delist 100,000 dormant companies

    nnnnn The Corporate Affairs Commission (CAC) has announced the commencement of a new round of delisting about 100,000 companies that have failed to comply with the requirements of the Companies and Allied Matters Act (CAMA) 2020. nnnn The commission made the announcement in a public notice on Tuesday. nnnn CAC also disclosed that the names ...

  3. Business

    Customs strengthens bilateral ties with China GACC

    The Nigeria Customs Service (NCS) has deepened its international collaboration through a high-level engagement with the General Administration of Customs of China (GACC), aimed at enhancing knowledge exchange and building capacity in customs administration. In a statement signed by Abdullahi Maiwada on Sunday, the NCS confirmed that the meeting, held in Beijing on 25 July ...

  4. Finance

    Again, CBN retains interest rate at 27.5% to sustain disinflation

    The Central Bank of Nigeria (CBN) has once again retained the country’s Monetary Policy Rate (MPR) at 27.5 percent, marking the third consecutive time in 2025 that the rate has remained unchanged. Governor Olayemi Cardoso announced the decision on Tuesday during a press briefing at the end of the Monetary Policy Committee’s (MPC) 301st meeting ...

  5. News

    Tinubu heads to Kano today for stakeholders’ meeting

    President Bola Ahmed Tinubu will visit Kano today Friday to offer condolences to the family of the late Alhaji Aminu Dantata, one of Nigeria’s most influential elder statesmen, businessmen, and philanthropists. The visit was confirmed on Thursday by Sunusi Bature Dawakin Tofa, spokesperson to Kano State Governor Abba Kabir Yusuf. According to the statement, the ...

  6. News

    DHQ slams Turkish envoy’s terror claim, warns of foreign propaganda

    The Defence Headquarters (DHQ) has firmly rejected allegations by Turkish Ambassador-designate to Nigeria, Mehmet Poroy, concerning the presence of the Fethullah Terrorist Organisation (FETO) in the country. Poroy had alleged that members of FETO were operating within Nigeria under the guise of educational and healthcare institutions, describing them as a threat to national security. Addressing ...

  7. News

    FG suspends recruitment into immigration, fire service

    The Civil Defence, Correctional, Fire and Immigration Services Board (CDCFIB) has suspended its recruitment for applicants seeking positions in the Immigration, Civil Defence, Correctional, and Fire Services. The suspension took effect on Wednesday, July 16, 2025, and the application platform is expected to reopen on Monday, July 21, 2025. The board said the decision became ...

  8. Politics

    Atiku resigns from PDP

    Former Vice President of Nigeria, Atiku Abubakar, has resigned his membership of the Peoples Democratic Party (PDP). In a letter dated July 14 and made public on Wednesday, Atiku announced his resignation, stating that the decision was necessitated by what he described as a departure from the founding ideals of the party. “I am writing ...

  9. Politics

    Senate appoints new committee Chairman to replace Natasha, as reinstatement stalls

    The Nigerian Senate has removed Senator Natasha Akpoti-Uduaghan of the Peoples Democratic Party (PDP), representing Kogi Central, from her role as Chairperson of the Senate Committee on Diaspora and Non-Governmental Organisations. This development, directed by Senate President Godswill Akpabio, reflects ongoing political realignments within the National Assembly. It is the second time Senator Akpoti-Uduaghan has ...

  10. Crime

    Customs intercepts container of 10,603 donkey denitals Along Kaduna–Abuja Expressway

    The Nigeria Customs Service (NCS) has confirmed the interception of a 40-foot container loaded with 10,603 donkey genitals of along the Kaduna–Abuja expressway. The National Public Relations Officer of the Service, Assistant Comptroller Abdullahi Maiwada who represented the CG Customs, Adeniyi Bashir stated this during the official handover of the seized items to the National ...

  11. Crime

    Customs intercepts N654m worth of foreign currency at Kano Airport, hands over suspects to EFCC

    The Nigeria Customs Service (NCS), Kano/Jigawa Area Command, has recorded another major breakthrough in the fight against illicit financial flows with the interception of over N653 million worth of undeclared foreign currencies at the Mallam Aminu Kano International Airport (MAKIA). In a statement signed by Abdullahi Maiwada Spokesman of NCS on Tuesday said the seizure ...

  12. Politics

    Senate stalls action on Sen. Natasha’s case, awaits certified judgment

    The Senate has acknowledged the recent court ruling involving Senator Natasha Akpoti-Uduaghan but maintains that no action will be taken until it officially receives the Certified True Copy (CTC) of the judgment. In a statement issued on Sunday in Abuja, Chairman of the Senate Committee on Media and Public Affairs, Senator Yemi Adaramodu, confirmed that ...

  13. Business

    Chevron advocates realistic energy transition strategy at NOG 2025

    Chevron Nigeria’s Chairman and Managing Director, Jim Swartz, has called for a realistic, balanced approach to the future of energy in Nigeria, stressing the importance of affordability, security, and cleaner solutions in meeting rising demand. Swartz shared this view during a panel session on “Pragmatically Achieving Energy Abundance” at the 2025 Nigeria Oil and Gas ...

  14. News

    Senate applauds ICPC for exemplary adherence to Federal character principles, urges other MDAs to emulate

    The Nigerian Senate has praised the Independent Corrupt Practices and Other Related Offences Commission (ICPC) for its exemplary adherence to Federal Character principles in staffing and internal appointments. This commendation was issued on Wednesday during a session at the National Assembly in Abuja, where ICPC Chairman, Dr. Musa Adamu Aliyu, SAN, and his management team ...

  15. News

    Local Content is strategic imperative for energy sufficiency — NCDMB

    The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, has emphasized that local content is not merely a policy but a strategic imperative for achieving national energy sufficiency and economic resilience. Speaking at the opening of the 24th Edition of the NOG Energy Week Conference & Exhibition 2025 ...

  16. Energy

    AKK Gas pipeline to boost Northern Nigeria’s energy – Oilserv CEO

    The Group Chief Executive Officer of Oilserv Limited, Dr. Emeka Okwuosa, has announced that the Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline Project is designed to transport natural gas to Northern Nigeria, marking a critical step in the nation’s energy infrastructure development. Speaking during a media chat with journalists in Abuja on Sunday, Dr. Okwuosa revealed that the ...

  17. Politics

    Wike-Makinde rift deepens as PDP holds NEC meeting today

    There is heightened tension within the Peoples Democratic Party (PDP) as rival factions prepare to hold separate meetings today in Abuja. The bone of contention remains the disputed position of National Secretary and whether the party’s 100th National Executive Committee (NEC) meeting will proceed as scheduled. Two camps—one aligned with Oyo State Governor Seyi Makinde, ...

  18. News

    Nigeria’s infrastructure stock constitutes only 30% of GDP below 70% benchmark for middle-income economies – Dr. Bola Mudasiru

    The Deputy National Chairman of the Nigerian Institution of Highway and Transportation Engineers (NIHTE), Engr. Dr. Bola Mudasiru has posited that the Nigeria's infrastructure stock currently constitutes only 30% of GDP which is below the 70% benchmark recommended for middle-income economies. He made the disclosure while speaking on the theme Nigeria Transportation Infrastructure: Navigating Progress, ...

  19. Money market

    Cardoso calls for African-led development as Afreximbank Annual Meeting opens in Abuja

    The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, has called on African leaders, financial institutions, and the diaspora to unite behind a development agenda that is “African-led and African-owned,” as the continent seeks to build on its history of economic resilience and reduce reliance on external influences. Cardoso made the remarks at ...

  20. News

    Unpaid teachers storm finance ministry over three-year salary arrears

    A group of frustrated teachers employed between 2018 and 2021 staged a protest on Monday at the headquarters of the Federal Ministry of Finance in Abuja, blocking the entrance as they demanded immediate payment of their outstanding salaries, which they say have been withheld for years. The teachers, some of whom claim to have gone ...