•Former acting Accountant-General of the Federation, Chukwunyere Nwabuoku The trial of the former acting Accountant-General of the Federation, Chukwunyere Nwabuoku commenced yesterday. Appearing before Justice James Omotosho of the Federal High Court in Abuja, the prosecution counsel, Ekele Iheanacho, presented two witnesses, reports Channels ...
•UK Visa The United Kingdom has increased the number of organisations licensed to sponsor workers on the worker and temporary worker immigration routes. Checks by our correspondent, show that the list which was updated on Friday, August 23, has 119,195 approved companies, reports The Nation. Interested Nigerians are advised to visit the listed...
The Corporate Affairs Commission (CAC) says it will delist companies that have not filed their annual reports in a decade. In a statement yesterday, the Commission said the full list of the dormant companies was available on its website. “This is to inform the general public that the commission pursuant to its powers contained in […]
•Emefiele goes to court An Assistant Manager with Zenith Bank Plc, Mrs Ifeoma Ogbonnaya, has revealed that the embattled Central Bank of Nigeria (CBN), Governor Godwin Emefiele, and his wife Margaret, were not signatories to the account alleged to have been owned by them. Emefiele is standing trial over abuse of office and alleged $4.5 [&helli...
•Emefiele The trial of the immediate-past Governor of the Central Bank of Nigeria, Godwin Emefiele, continued yesterday with a banker, Mrs Ifeoma Ogbonaya, telling the court that the ex-CBN helmsman abused his office by awarding CBN contracts to his personal firms. Emefiele is standing trial, alongside one Henry Omoile, before Justice Rahman O...
•Peter Obi and Tinubu The presidential candidate of the Labour Party (LP), Mr Peter Obi, has addressed the recent exodus of multinational companies from Nigeria, highlighting that the departure of these companies is a clear indication of underlying governance issues. In a series of tweets posted today, Obi noted that multinational companies le...
U.S. Consul General, Will Stevens’ has stated that 80 U.S. companies operating in Nigeria collectively pay billions of naira in taxes, create thousands of direct and indirect jobs, and directly support various socioeconomic programmes that improve the lives of Nigerians. Stevens, who made the declaraÂtions in his keynote address theme: ‘The Ro...
•Dollars The Central Bank of Nigeria (CBN) has stopped international oil companies from repatriating 100% foreign exchange proceed to their mother companies overseas. The Director of Trade and Exchange Department at the apex bank, Hassan Mahmud, made this known in a circular dated February 14, 2024. … developing storyÂ
•Blinken and Tinubu The US Secretary of State Anthony Blinken has assured of the country’s companies’ readiness to partner with and invest in the Nigerian economy. Blinken, who is on an African tour, made the remark in Abuja during his visit to President Bola Tinubu at the Presidential Villa, reports Channels TV. “American entrepreneurs and [&...
•Heineken Lokpobiri Following the mass divestment of assets belonging to some International Oil Companies (IOCs), the latest being Shell Petroleum Development Company (SPDC) Onshore and Gas Assets Limited, the Minister of State, Petroleum Resources (Oil), Heineken Lokpobiri, has asked worried Nigerians not to lose sleep over the matter as the ...
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