Over N100bn are consistently lost to sub-standard products in Nigeria, the Director General of Standard Organisation of Nigeria (SON), Mr. Osita Aboloma, has lamented. Aboloma, who made the disclosure in Lagos, added that each time substandard goods were seized, their value was estimated at N100...

Oil prices has risen over supply concerns in the Middle East and as the U.S. market showed further signs of tightening while demand in Asia keeps rising. Brent crude futures, the international benchmark for oil prices, were at 57.84 dollars. U.S. West Texas Intermediate (WTI) crude...

Vice President Yemi Osinbajo has again called for an intensified global action against vices associated with corporate secrecy stating that “breaking the wall of secret corporate ownership is an existential matter.’’ Speaking at the opening of the Extractive Industries Transparency Initiative (EITI) Beneficial Ownership Conference...

President, African Development Bank (AfDB), Mr. Akinwumi Adesina has called for urgent action from stakeholders over the deepening crisis of global malnutrition. The President’s charge aligns with the AfDB’s High five (5) development priorities, in particular with the fifth goal to improve the quality of...

The Federal Government has come under heavy criticism over the appointment of a sacked director as permanent secretary and the non-reinstatement of the auditor that blew the whistle on him, Daily Trust has reported. Mr Louis Edozien was removed as Executive Director, Technical Services at...

President Muhammadu Buhari has approved the payment of pension to police officers who served in the defunct Biafran Police and who were equally granted presidential pardon in 2000. The Pension Transitional Arrangement Directorate (PTAD) on Wednesday announced that about 162 of such retired police officers and 57...