The Executive Secretary of Pension Transitional Arrangement Directorate (PTAD), Mrs Sharon Ikeazor, says the directorate has suspended 15, 600 pensioners from its payroll due to lack of Bank Verification Number (BVN). She also said the agency was set to commence verification of Nigerian pensioners in...

Nigerians may soon begin to pay higher for stamp duty going by a proposal before the National Assembly for an increase in the cost of postage stamps across the country. The 2004 Stamp Duties Act, which became effective in January 2016, tied the rate of...

The much awaited NLNG vessel -Gas Providence laden with 13,000MT of Liquefied Petroleum Gas (LPG) berthed and discharged the product at the NOJ Apapa, the situation that may ease the scarcity of the cooking gas in the nearest future. Sources said the NLNG claimed that...

The International Monetary Fund (IMF) has projected 0.8 percent GDP growth for Nigeria in 2017, a little below World Bank’s projections of 1percent growth for the period. Both projections are signifying Nigeria’s economic recovery from the current recession. In a global economic outlook report released, the...

The shutdown of seven power plants across the country has led to a total electricity load loss of 1,899.7 megawatts. According to the latest industry data on sector reforms/activities, four plants belonging to the National Integrated Power Projects are shut, while others have remained non-functional...

Oxfam has published a new report that reveals eight men that own the same wealth as the 3.6 billion people who make up the poorest half of humanity. At its annual meeting of political and business leaders in Davos , Oxfam’s report, ‘An Economy for...