Nigeria: Imperative of Salvaging a Blessed, Yet Poor Nation By Engr. Sunday Samuel Nigeria is indeed blessed among all nations of the world, yet it remains impoverished and vulnerable. The only path I see for this country to move forward is by shunning any form of...

Senate to Impose N50m Fine on Unlicensed Insurance Firms The Senate has proposed a fine of N50m to the principal officers of insurance companies operating without valid licenses or that they be sentenced to a two-year prison term or both. It proposed this in a bill...

Senate to Probe NNPC, Dangote over $1.5bn Refinery Project The Senate has questioned the $1.5bn approved in 2021 for the turn-around maintenance of the Port Harcourt Refining and Petrochemical Company with little or no result. It also vowed to probe allegations of sabotage to the supply...

Senate Raises Ways And Means Advance to 10% The two chambers of the National Assembly yesterday passed a bill to raise ways and means advances to 10 per cent. The existing law provides that the advance by the Central Bank of Nigeria (CBN) must not exceed...

Senate to SEC: Uncover Unclaimed Dividend Owners The Senate Committee on Capital Market, the Security and Exchange Commission (SEC) and stakeholders in the capital market on Monday agreed to evolve practicable strategies to address the issue of unclaimed dividends in the country. The agreement was reached...

Minimum Wage: Senate Seeks Inclusion of Domestic Servants   The Senate, yesterday, demanded the inclusion of domestic servants in the proposed N70,000 National Minimum Wage Scheme. The red chamber also justified the need for their compulsory documentation with a proposed federal agency for proper and adequate monitoring. The...