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Money makes the world go round, learn about those who spin the wheel

Business

We Duly Reported All Diezani Transactions To Statutory Authorities – Fidelity Bank

Imo MacDonald | Contributor -
Fidelity Bank Plc this afternoon contradicted claims that it failed to inform relevant authorities about a multi-million US dollar deposit by one of its...
Business

Minister Of Communications Visits Ntel, Commends Transformation Of Moribund NiTel

Bayo Adegbite | Politics Reporter -
NatCom Development and Investment Limited (trading as ‘ntel’), the company that acquired the core assets of NiTel/MTel (in liquidation) played host to Barrister Adebayo...
Business

Trade Union For Fitters Protests Exclusion From Dangote’s $14bn Refinery Construction

Omos Oyibode | Staff Reporter -
The Fitters Senior Staff Association of Nigeria (FISAN), has faulted the deliberate exclusion and non-employment of Nigerian fitters in the ongoing construction of the...
Business

TSA Compliance: CBN Slams N3.2 Billion Fine On UBA, Zenith, GTBank, Sterling Banks (DETAILS)

Omos Oyibode | Staff Reporter -
The Central Bank of Nigeria (CBN) has slammed a fine of N3.2 billion on three Nigerian banks for committing various regulatory offenses. According to Punch,...
Business

Buhari’s Economy: Iberia Airline Pulls Out Of Nigeria Because Of Forex Restrictions

Daily Trust -
The foreign exchange scarcity has forced the Spanish airline, Iberia, to suspend flights to Nigeria from May 12, 2016. Though the national carrier of Spain...
Business

Economic Downturn: Guinness Nigeria Sacks ‘25% Of Workers’

Ekemini Ekwere | News Reporter -
Another major company has resorted to laying off staff in response to the stifling economic policies of the Muhammadu Buhari-led government. A reliable source at...
Business

Tension As Ijaw Youth Threaten To Shut Productions Over Tax Evasion By Oil Majors

Pius Godsday | Politics Reporter -
There is tension among workers and management of Shell Producing and Development Company (SPDC) in Port Harcourt and Lagos, as youths in Bayelsa State...
Business

Arik Air Resumes Domestic Flights, Says Airline Has Paid FAAN N18.9 Billion

Leadership -
Contrary to claims by aviation unionists that Arik Air owes the Federal Airports Authority of Nigeria (FAAN) N12.5 billion, the airline has said it...
Business

Governor Dickson Writes Buhari, Says Multinational Oil Companies Evade Tax

Pius Godsday | Politics Reporter -
The acrimony between Bayelsa State government and multinational oil companies deepened on Thursday with Governor Henry Seriake Dickson, seeking the intervention of the Presidency...
Business

JUST IN: Labour Union Shuts Down Ikeja Electric Over Sack Of Workers (PHOTO)

Julius Okeke | Political Reporter -
Labour Union has baricaded the Ikeja Electric following the discontinuation of talks between the electricity distribution company with Labour over the recent disengagement of...
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