The national leadership of the Independent National Electoral Commission, INEC, has commended the peaceful and successful conduct of the just concluded general elections in Enugu State, describing it as exceptional, one of the best in the country and a demonstration of “good electoral behaviour”. The electoral umpire added that the exercise in Enugu State, unlike…

As Nigerians get set to usher in the Ninth National Assembly, especially in the House of Representatives, in June this year, the quest for who emerges as Speaker has rightly dominated discourse in the polity. The All Progressives Congress, APC, with the support of the Presidency, is set to zone the various leadership positions in…

Investors’ appetite for the Federal Government Bonds has continued to rise with the March Auction, conducted yesterday, recording a N140 billion over-subscription. At the exercise, which was conducted by the Debt Management Office, DMO, N100 billion bonds were offered, but investors staked over N240.6 billion. The over-subscription of the FGN bonds at the monthly auctions…

Against the backdrop of several complaints emanating from the banking public over services delivery and security in Nigeria’s nascent mobile banking environment, the Central Bank of Nigeria, CBN, is set to further improve the system. The apex bank has also indicated that its consumer protection department is inundated with petitions and complaints mainly from the…

In December 2017, President Buhari established a Tripartite Committee – comprising Labour Leaders, Federal and State Government representatives, to consider and recommend an appropriate increase on the present N18,000/month, National Minimum Wage, which became effective from 2011. Ultimately, however, by Oct. 2018, after protracted negotiations, over several months, there is still no agreement, because the…

Faced with the imminence of the return of Organised Labour to perhaps a protracted strike, the Federal Government last week threatened to enforce the “No work, no pay” policy if the Nigerian Labour Congress, NLC, calls for another work stoppage. The NLC had after the expiration of a 14-day ultimatum for the Federal Government to…

Between July and this month President Muhammadu issued two decrees aimed at further curbing corruption, money laundering and tax evasion: the first, Executive Order 6, and the other, Executive Order 008. An executive order is a decree issued by the executive without necessarily seeking approval of parliament or the judicature. Most constitutions do empower the…

The National Pension Commission (PenCom) said it recovered a total of N465.02 million as outstanding pension contributions from defaulting employers in the second quarter of 2018, Q2’18. The figure represents principal contribution of N335.7 million and penalty payment of N129.32 million. So far, the Commission said it had recovered N14.38 billion in outstanding pension contributions…

The Federal Government, through the Debt Management Office, DMO, has recorded a N26.92 billion or 30.5 percent short fall from its targeted proceeds of N115 billion bond auction, which was part of moves to finance the 2018 budget. DMO disclosed this, yesterday, stating that the federal government has raised N88.08 billion at its bond auction…

Following continued killing, maiming of students and members of staff as well as the destruction of property worth millions of naira whenever there is crisis in Jos, Academic Staff Union of Universities, ASUU, University of Jos chapter, has called for the immediate reclamation of university land illegally occupied by communities who carry out the attacks….

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