FG Begins Verification Of Pensioners, Next Of Kin

Pension Transitional Arrangement Directorate (PTAD) has announced the recommencement of the Parastatal Pensioner Verification Exercise for pensioners and Next of Kin (NoK) under the Defined Benefit Scheme (DBS).

FG To Sell Recovered Assets

In efforts to generate N203.37 billion to meet its revenue target, President Muhammadu Buhari has directed the Federal Ministry of Finance to sell all recovered and liability-free assets in six months.

Experts Speak On Planned Recapitalization Of Banks

Experts in the financial sector have reacted to plans by the Central Bank of Nigeria (CBN) to recapitalize the banking sector.

Fuel Subsidy, Debt Servicing Pushing Nigeria Into Bankruptcy – Emir Sanusi

The Emir of Kano, Mallam Muhammad Sanusi II says the country will soon slip into bankruptcy following huge government spending on fuel and electricity subsidies, as well as debt servicing.

NBC Withdraws Suspension On AIT, Raypower

The National Broadcasting Commission, NBC, on Friday said it has lifted the operational suspension earlier placed on DAAR Communications PLC, owners of popular television and radio stations, AIT and RayPower FM.

Deposit Money Banks To Be Recapitalized– Emefiele

In an attempt to revive Nigeria's economy, Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emediele, disclosed to the media his agenda for the next five years. According to him, the 2004 recapitalisation undertaken by former CBN Governor, Prof. Charles Soludo has weakened, substantially.

How 60% Of Nigerians Lack Access To Finance – NDIC

The Managing Director/Chief Executive Officer, Nigeria Deposit Insurance Corporation, NDIC, Mr. Umar  Ibrahim, on Wednesday, said over 60% Nigerians still do not have access to finance despite the proliferation of commercial banks in the country over the years.

29 Ships Are To Arrive Lagos In June And July – NPA

The Nigerian Ports Authority (NPA) said on Tuesday that 29 ships were expected to berth in the Lagos ports between June 25 and July 19 and not less than Eleven ships conveying petrol and other commodities are waiting to berth at the Apapa and Tin-Can Island Ports in Lagos State.

Details Of Nigerian Governors Meeting With World Bank Revealed

The details of the meeting between Nigerian governors and officials of the World Bank in Abuja on Wednesday have emerged. Addressing newsmen in Abuja, the Chairman of the Governors' Forum and Governor of Ekiti state, Dr. Kayode Fayemi, said the governors at the meeting looked at its engagements with the bank especially subsisting portfolio and reviewed things that they were doing right.

Asset Declaration: SERAP Sues CCB Over Refusal To Disclose Buhari's Form

Socio-Economic Rights and Accountability Project, has dragged the Code of Conduct Bureau (CCB) to court over its refusal to disclose assets declared by President Muhammadu Buhari and some state governors.