Buhari signs bill protecting consumers by guarding against monopoly

President Muhammadu Buhari has signed into law the Federal Competition and Consumer Protection Bill, thereby making it the Federal Competition and Consumer Protection Act...

EFCC arraigns Access Bank officials for alleged £100,000 fraud

The Economic and Financial Crimes Commission, EFCC, Kaduna zonal office has arraigned two Access Bank officials and one other suspected fraudsters and their company...

Senate Chief Whip recounts boarding Arik aircraft thrice without functioning AC

Chief Whip of the Senate, Senator Olusola Adeyeye, on Wednesday said he boarded an aircraft belonging to Arik Air on three occasions, without a...

DisCos: Reps pass bill criminalising estimated billing in Nigeria

A bill seeking to amend the Electric Power Reform Act by prohibiting and criminalising estimated billing of consumers on Tuesday passed the third reading...

CBN retains monetary policy rate at 14 percent for 15th consecutive...

The Monetary Policy Committee, MPC, of the Central Bank of Nigeria, CBN, on Tuesday left the Monetary Policy Rate, MPR, unchanged at 14 per...

Osinbajo defends TraderMoni, says Obasanjo’s attack ignorant, mischievous

The Vice President, Prof. Yemi Osinbajo has described as unfortunate the attack on the Federal Government’s TraderMoni microcredit scheme by former President Olusegun Obasanjo,...

Nigeria lost $2.8bn to oil-related crimes in 2018 – UN

The United Nations Secretary-General has released a new report on the activities of the United Nations Office for West Africa and the Sahel, UNOWAS,...

FIRS breaks all-time record, generates N5.3trn in 2018

The Federal Inland Revenue Service, FIRS, has recorded an all-time high tax revenue collection of N5.23 trillion in 2018, with Value Added Tax, VAT,...

It’s criminal to say Nigerians consume over 50m litres of PMS...

The Senate President, Dr Bukola Saraki, has taken a swipe at the All Progressives Congress, APC-led federal government, accusing it of lying to Nigerians...

Otedola to divest from Forte Oil, exit fuel business

The Chairman of Forte Oil Plc, Mr Femi Otedola, has announced his resolve to sell all his shares in the firm’s downstream business, according...