May Day: Ogun Gov Pays N179bn Pensions, Gratuities to State Retirees Ogun State Governor, Prince Dapo Abiodun, has stated that his administration has so far expended N179.7 billion in settling pensions and gratuities for state and local government retirees since its inception in 2019. Governor Abiodun,...

Labour Demands Tinubu to Withdraw Tax Bill, Reverse Fubara’s Suspension The organised Labour has asked President Bola Tinubu to immediately reverse what it described as the unconstitutional suspension of the elected government of Rivers State through a state of emergency. This was part of the demands...

ICPC Probes N71.2bn Alleged Fraud in NELFUND Student Loan Disbursement The Independent Corrupt Practices and Other Related Offences Commission, ICPC, has commenced a comprehensive investigation into alleged discrepancies surrounding the disbursement of student loans under the Nigeria Education Loan Fund, NELFUND. The National Orientation Agency had...

EFCC Traces CBEX Stolen Funds to Four Countries, Says Full Recovery Impossible  The Economic and Financial Crimes Commission (EFCC) said it has traced funds linked to the failed crypto bridge exchange (CBEX) scheme to at least four countries. Speaking on a Channels Television programme on Wednesday...

Crypto: SEC Warns Against Suspected TOFRO Ponzi Scheme The Securities and Exchange Commission (SEC) has issued a public warning about TOFRO.COM (Tofro), an unregistered cryptocurrency trading platform. SEC said the platform exhibited characteristics of a fraudulent Ponzi scheme. The notice cautioned Nigerians against falling for deceptive investment...

May Day: Edo State Increases Minimum Wage for Civil Servants Edo State Governor, Senator Monday Okpebholo has announced a slight increase in the minimum wage for the state government workers from N70, 000 to N75,000. The move, the government said, was to further improve their standard...