•Job seekers A wide disparity in the ability of companies listed on the Nigerian Exchange Limited, NGX, to cover their debt obligations with cash has emerged, with some companies holding several times more cash than debt, while others have cash covering only a fraction of their outstanding borrowings. Analysts noted that the cash/debt position...
•Tinubu Massive job losses loom in Nigeria’s Oil and Gas industry on account of President Bola Tinubu’s recent Executive Order directing the restructuring of oil and gas revenue remittances to the Federation Account and removing the 30 percent management fee previously retained by the Nigerian National Petroleum Company Limited, NNPCL, on oil ...
Following recent threat by leadÂing social media giant, Meta, to shut down Facebook and InstaÂgram in Nigeria over the $290 million (about N464 billion) fine imposed by three regulatory agencies, there are palpable fears that the socio-economic activities of most Nigerians would be negÂatively impacted, even as direct and indirect employees of...
•Comrade Olusoji Oluwole The Association of Senior Staff of Banks, Insurance and Financial Institution (ASSBIFI), has assured workers in the industry that their interest will be protected in the ongoing reÂcapitalisation benchmark recently prescribed by the Central Bank of Nigeria (CBN), adding that the union have taken steps to ensure that an...
The Frontier is Nigeria’s leading online newspaper. It is published by Okims Media Links Limited headed by Sunny Okim, a veteran journalist who is widely known as The Grandmaster, fondly called so by colleagues and friends for being Nigeria’s pioneer movie journalist.
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