Directorate Pays N695m To 418 Pensioners In Three Months   The Pension Transitional Arrangement Directorate has said it paid a total of N694.9m to 418 pensioners between May 5 and August 13 through its Parastatals Pension Department. A director at PTAD, Yusuf Umar, disclosed this in Abuja...

Analysts Predict Rise In Nigeria’s Inflation Rate In Nov, Dec   Amid the steady decline in headline inflation rates over the past few months, analysts have predicted an uptrend for the last two months of the year as the festive season approaches. The Economic Confidential had recently...

NYSC To Remit N511m To Federation Account – DG   The Director-General, National Youth Service Corps (NYSC), Brigadier-General Shuaibu Ibrahim, has said the scheme will remit about N511 million to the federation account for the year 2021. Speaking yesterday in Abuja, at a press briefing, he said...

AfDB Okays $150m To Support Agriculture In Africa   The African Development Bank Group has approved a $150m facility for ETC Group Limited to address the working capital requirements for the company and its agriculture value chain development in a boost for smallholder farmers. The AfDB said...

Fed Govt Owes Over N90bn Pension Liability To Defunct Agencies   The federal government is currently indebted to the staff of defunct agencies to the tune of N90billion as pension arrears. This was disclosed by the Director, Customs, Immigration and Pensions Department of the Pension Transitional Arrangement...

AMCON Empowered To Sell Debtor-firms, VIPs’ Assets As Buhari Signs Bill   President Muhammadu Buhari has signed into law the Asset Management Corporation of Nigeria (Amendment) Act, amending the AMCON Act No.4, 2010. The development means AMCON has now been empowered to take possession, manage, and sell...