News

The associations and unions in the aviation industry, on Tuesday morning, suspended their planned nationwide industrial action billed to commence today after signing a fresh Memorandum of Settlement (MoS) with the federal government. A meeting, which was held at the headquarters of the Federal Ministry of Labour and Employment, started …

The house of representatives has commenced an investigation into “unclaimed and unremitted funds” said to be in various accounts in commercial banks in Nigeria. The ad hoc committee on unclaimed funds in Nigerian commercial banks and infractions by the Central Bank of Nigeria (CBN), which was inaugurated on Monday, is …

The Economic and Financial Crimes Commission, EFCC, on Monday arraigned a company, Marqott Nigeria Limited, an alleged accomplice in the $9.6bn Gas Supply and Processing Agreement between the Ministry of Petroleum Resources and Process and Industrial Development Limited, P&ID Limited, on four counts of money laundering. One of the count …

Activist Deji Adeyanju of the Concerned Nigerians group says Nigerians are now wiser than 2015 and won’t be deceived into voting in politicians who suddenly start dressing like youths ahead of the 2023 elections. The activist also advised All Progressives Congress leader, Bola Tinubu, to jettison his 2023 presidential bid …

University lecturers are heading for another strike over the re-negotiated 2009 agreement with the Federal Government, it was learnt at the weekend. There are indications that the National Executive Council of the Academic Staff Union of Universities (ASUU) will meet on February 14 to review the implementation of some components …

Telcos lose millions, customers’ verification affected, NIMC apologises as engineers battle crisis Thousands of telecommunication subscribers nationwide seeking to retrieve their lost Subscriber Identity Module cards or acquire new lines temporarily have been left stranded, following a technical glitch in the National Identity Management Commission portal that has grounded SIM-related …

•Buni Some aggrieved members of the All Progressives Congress (APC) under the aegis of the Progressive Youth Movement (PYM) have withdrawn a suit they filed seeking sack of the National Chairman, Caretaker Extra-Ordinary Convention Planning Committee (CEOCPC), Governor Mai-Mala Buni of Yobe State. Led by PYM Chairperson, Princess Zahrah Mustapha-Audu, …

  The Joint Admissions and Matriculation Board (JAMB) has introduced self-registration outlets in Abuja and Lagos for the 2022 Unified Tertiary Matriculation Examination (UTME) and Direct Entry (DE) examinations. The Board said the system would, in the long run, reduce the crowds at Computer-Based Test centres (CBT) in these cities. …

DG, CPPE, Muda Yusuf and The CBN Governor, Godwin Emefiele The Centre for the Promotion of Private Enterprise has advised the Central Bank of Nigeria to revoke its newly introduced  electronic invoicing (e-invoicing) and evaluator for exporters and importers. The e-invoicing became effective on February 1, 2022. The CBN had …

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) said it had arraigned a former Secretary General of the Athletic Federation of Nigeria (AFN), Amaechi Akawo, for alleged involvement in a $150,000 fraud. The anti-graft body said the alleged fraud was perpetrated under Akawo back in July and August …