Heritage Bank: 17.6% of Deposits Unpaid Due to Verification Issues The Nigeria Deposit Insurance Corporation (NDIC) has disclosed that 17.6 per cent of Heritage Bank depositors had yet to receive payments, following the bank’s liquidation. The corporation, in a statement by its spokesperson, Bashir Nuhu, on...

Senate Passes N70,000 Minimum Wage Bill for Workers The Senate passed a Bill on Tuesday, July 23, amending the National Minimum Wage Act to increase the minimum wage from N30,000 to N70,000 after the first, second, and third readings. By this development, the bill will now...

UPDATE: Nigerians must have $10,000, Pay N640,000 Strange Fee to Get Dubai Visa The visa ban for travels to the United Arabs Emirate (UAE) which was lifted as announced by the federal government came with strange conditions. The minister of information and national orientation, Mohammed Idris,...

UPDATE: Nigerians must have $10,000, Pay N640,000 Strange Fee to Get Dubai Visa The visa ban for travels to the United Arabs Emirate (UAE) which was lifted as announced by the federal government came with strange conditions. The minister of information and national orientation, Mohammed Idris,...

FG, W’Bank Discuss $50m Deal to Drive Power Sector Forward The Federal Government has sought the assistance of the World Bank for $50m to support state governments in the installation of solar plants and infrastructure upgrades. The Minister of Finance and the Coordinating Minister of the...

Visa Ban: Nigerians Can Now Travel To UAE – FG Minister of Information and National Orientation, Mohammed Idris, has said Nigeria and the United Arab Emirates (UAE) have reached an agreement on the issue of visa ban. Addressing State House Reporters at the Presidential Villa, Abuja,...