Business/Economy

BVN compulsory for RSA holders from Feb – PenCom CHIGOZIE AMADI The National Pension Commission has mandated the provision of Bank Verification Numbers for all Retirement Savings Account registration and data recapture processes effective February 1. A...

Arik Air shareholders tackle AMCON over N455bn debt claim CHIGOZIE AMADI The shareholders of Arik Air, an indigenous airline currently under the control of the Asset Management Corporation of Nigeria, have debunked claims that the debt...

•Says no plan to return to board CHIGOZIE AMADI Industrialists and Founder/Chairman, Honeywell Group, Oba Otudeko, yesterday clarified that he has never served in an executive capacity within FBN Holdings Plc and its banking subsidiary, First...

•Approve 30% derivation, 20% based on population  •Senate projects N100 trillion budget for 2026 fiscal year  •North jittery because it’s ill-prepared, Natasha explains •Northern groups decry politicisation of issue  •ASUU insists move will destroy public varsities CHIGOZIE AMADI After many...

FG Defends Plan to Rebase GDP, Explains Why CBN Deferred January MPC Meeting CHIGOZIE AMADI The federal government yesterday defended its plan to rebase the Gross Domestic Product (GDP), declaring that the ongoing efforts will make...

•Bello: Deal will open new vistas of economic growth, development   CHIGOZIE AMADI The Nigerian Export-Import Bank (NEXIM) and the  Export-Import Bank of the United States (EXIM) yesterday signed a Memorandum of Understanding (MoU) to deepen collaboration...

Bayelsa Government Receives Mechanised Agric Equipment Worth $500,000 From South Korea CHIGOZIE AMADI The Republic of South Korea has handed over mechanised farming equipment worth over $500,000 to the Bayelsa State Government. The items include four tractors,...

Sokoto Investment Company: Gov Aliyu Inaugurates Members, Vows to Confront Challenges CHIGOZIE AMADI Governor Ahmed Aliyu has inaugurated the Chairman and Board members of the Sokoto Investment Company with an assurance that the states government will...

World Bank projects 3.5% GDP growth for Nigeria in 2025 CHIGOZIE AMADI The World Bank has forecasted that Nigeria’s economy will grow by 3.5 per cent in 2025 and rise slightly to 3.7 per cent in...

CBN fines nine DMBs N150m each for failing to dispense cash via ATMs CHIGOZIE AMADI In a clear message of zero tolerance for cash flow disruptions, the Central Bank of Nigeria (CBN) has sanctioned Deposit Money...