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COVID-19: Airlines Face New Threat As Second Wave Spreads

COVID-19: Airlines Face New Threat As Second Wave Spreads       With the rising cases of COVID-19 in Nigeria and other countries, Nigerian airlines are likely to be hard hit again by the impact of the looming second wave on air travel. Aviation experts have expressed worry that...

Cybersecurity Act for Review to Meet Emerging Security Challenges-Pantami

Cybersecurity Act for Review to Meet Emerging Security Challenges-Pantami The Federal Government is in the process of reviewing the Cybersecurity Act to meet the emerging security challenges of the nation such as terrorism and cyberspace criminality. The Minister of Communication and Digital Economy, Dr Isa Pantami...

SEC Backs Unclaimed Dividends Trust Fund

SEC Backs Unclaimed Dividends Trust Fund The Securities and Exchange Commission has stated that it is not against the proposal by the Federal Government to set up unclaimed dividends and balances trust fund. This was disclosed by the Head, Securities and Investments Services (SIS) Department, SEC...

Finance Minister, Shareholders Disagree Over N150bn Unclaimed Dividends

Finance Minister, Shareholders Disagree Over N150bn Unclaimed Dividends         The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, yesterday, disagreed with the Independent Shareholders Association of Nigeria over plans by the Federal Government to take over unclaimed dividends worth over N150billion in the country. While...

Labour Rejects New Bid To Borrow From N17trn Pension Fund

Labour Rejects New Bid To Borrow From N17trn Pension Fund         Organised Labour on Thursday rejected a fresh bid by governors to borrow from the N17 trillion pension funds. The Nigeria Labour Congress (NLC) kicked against a similar proposal by Works and Housing Minister Babatunde Fashola to...

W/Bank Withholds $1.5bn Loan To Nigeria

W/Bank Withholds $1.5bn Loan To Nigeria         Nigeria got a caveat on Thursday to get approval for a $1.5 billion loan she is seeking from the World Bank. The reforms around the naira must be strengthened by the Federal Government, the financial institution is insisting. According to...