After his sudden exit as chairman of the Federal Inland Revenue Service (FIRS), Muhammad Nami went on to approve N6 billion as payments to several contractors and consultants, TheCable can report. Nami, who was succeeded by Zacchaeus Adedeji, greenlit the payments two days after he was sacked on September 14, according to documents seen …

…As sector records 3,567 job losses in H1’23 Inventory of unsold finished products in the manufacturing sector shot up significantly by 45.4 percent in the first half of 2023 (H1’23) to N271.96 billion from N187.08 billion in the corresponding period of 2022 (H1’22) on account of escalating inflationary pressures, even …

  Abuja—Speaker, House of Representatives, Abbas Tajudeen, said, yesterday, that the annual budget of the National Assembly had been stagnant for 13 years, despite inflation and its attendant consequences. He said, notwithstanding, the expenditure of the Federal Legislature had gone up within the period, but without commensurate budgetary provisions to …

•As account maintenance fee hits N66.7bn Customers of nine leading commercial banks paid N154 billion fee for using electronic banking services in the first half of the year (H1’23). Details of the banks’ financial statements for H1’23 showed that the fee represents a 16.7 percent year-on-year (YoY) rise when compared …

  Access Bank Plc has enhanced its Agriculture Desk for improved value for customers and stakeholders. The bank also launched its Development Banking Desk that will cater and focus on Not-for-Profit organisations. According to Access Bank, the Agriculture Desk positions the bank at the forefront of Nigeria’s agricultural financing market …

The Nigerian Association of Liquefied Petroleum Gas Marketers has called on the Federal Government to find ways to ensure stability of gas prices and make it available to the common Nigerians. The NALPGAM National President, Abideen Olatunbosun, made this call during the 36th annual general meeting/conference of the association, with …

Ebonyi and Abia states led as food prices jumped by 31 per cent within in 12 months from July 2022 to July 2023. This is according to an analysis of the ‘Selected Food Price Watch,’ a report published on a monthly basis by the National Bureau of Statistics. The selected …

Covenant University, University of Ibadan and the Federal University of Technology, Akure have secured top ranking in Nigeria according to Times Higher Education’s 2024 rating. Analysis of the latest ranking showed that Covenant University is among the top 1,000 universities in the world. Though ranked first in Nigeria, Covenant University …

President Bola Tinubu The Ministry of Labour says the report that President Bola Tinubu would announce a wage award to workers on Independence Day is untrue. The reports were debunked via a statement issued Mr Olajide Oshundun, Director of Press and Public Relations in the Ministry of Labour. “The attention …

Though the governorship election in Edo State is still about a year away, the state chapter of the Peoples Democratic Party (PDP), is already in crisis as a group within the party (Legacy Group), has vowed to work against any candidate backed by Governor Godwin Obaseki. The State Secretary of …