AMCON takes over Glano Nigeria over N2.4bn debt
The Asset Management Corporation of Nigeria (AMCON) says it has taken over assets belonging to Glano Nigeria Limited over an indebtedness of over N2bn. The agency in a statement on
Read MoreAuthor: Joseph okafor
Aviation workers strike: FAAN asks travellers to make contingency plans
The Federal Airports Authority of Nigeria (FAAN) of the Nnamdi Azikiwe International Airport (NAIA) chapter has asked travellers and stakeholders to make contingency plans in order to avoid missing their
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Malami admits Nigeria cannot win OPL 245 court cases, writes Buhari
Abubakar Malami, the attorney-general of the federation (AGF) and minister of justice, has reportedly opted to have court cases related to OPL 245 terminated by the federal government because the
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JUST IN: Nigeria becomes second country to approve R21 malaria vaccine
Nigeria’s National Agency for Food and Drug Administration and Control (NAFDAC) has approved the R21 malaria vaccine manufactured by the Serum Institute of India. The Director General of NAFDAC, Prof
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Woman sells baby for N600,000 to repay bank loan in Ogun
Olaide Adekunle, a 33-year-old woman, has reportedly sold her 18-month-old baby for N600,000 to offset her bank loan. The suspect, who lives in Sango in the Ado-Odo/Ota Local Government Area
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Nigeria used 96% of revenue to service debt in 2022 – World Bank
The World Bank has disclosed that Nigeria’s constant fiscal deficit has worsened the nation’s public debt stock, with 96.3 per cent of government revenue spent on servicing debt in 2022.
Read MoreIPOB distances self from Biafra Govt in Exile, insists Simon Ekpa not its member
Outlawed Igbo separatist group, Indigenous People of Biafra (IPOB), has distanced itself from the recent declaration of a Biafran Government in Exile by leader of breakaway IPOB-Auto-Pilot group, Simon Ekpa,
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Nigerian govt earns N155.58bn tax payments from 10 banks
The Nigerian government has collected a total of N155.58 billion in income tax payments from ten banks operating in the country The tax payments were captured in the bank’s financial
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CBN fines GTBank N128.6 million over failure in money laundering test, others
Guaranty Trust Bank (GTBank) was fined N128.6 million by the Central Bank of Nigeria (CBN) for failing to meet several regulatory requirements. Ripples Nigeria gathered that CBN fined GTBank for
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6 arrested in Adamawa for alleged attempt to tamper with BVAS
Six people have been arrested in Bolki, a community in Numan Local Government Area of southern Adamawa, over an alleged attempt to hack into the BVAS device deployed by the
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