British Prime Minister, Theresa May, is facing calls to rethink the “discriminatory” new earnings threshold of £35,000 for non-European Union migrants including Nigerians and other Africans that could starve Britain of vital talent in the teaching, charity and entrepreneur sectors when the changes take...

  Globacom  sacked 54 of its power engineers across the country and gave no official reason for the action. According to a report by The PUNCH, the affected workers received official notification from the company that it no longer needed their services. The notice of disengagement, it was...

The Presidential Initiative on Continuous Audit found discrepancies in the payroll of the Federal Government’s Ministries, Agencies and Departments to the tune of N6.4 billion monthly, the Head of the Continuous Audit Team, Mr Mohammed Dikwa, said. Dikwa told newsmen in Kano on the sideline...

The naira fell further to 363 against the dollar at the parallel market on Thursday, as the scarcity of foreign exchange continued to weigh on the value of the local currency at the interbank and parallel markets. The naira had closed at 360 to the...

The Revenue Mobilisation Allocation and Fiscal Commission has called on the Federal Government to raise the rate of the Value Added Tax from the current five per cent to between 7.5 per cent and 10 per cent. It said the need to increase the VAT rate...

The Nigerian Electricity Regulatory Commission on Thursday said it would uphold the court ruling mandating it to reverse the 45 per cent increase in electricity tariffs across the country, six months after implementing the Multi Year Tariff Order 2, which brought about the hike...