Business

The Management of Arik Air has advised the public to be wary of unscrupulous elements parading themselves as representatives of the airline. According to the airline, the fraudsters are duping unsuspecting customers seeking to buy or modify the airline’s ticket. It further noted that the fraudsters pose as representatives of …

The Institute of Chartered Accountants of Nigeria, ICAN has recommended that there is a need for the adoption of sustainability practices as a tool to achieving economic growth and development. In a communiqué at the end of its 52nd Annual Accountants’ Conference in Abuja, the Institute stated: “In terms of economic …

A member of the Board of Trustees of the Women in Management, Business and Public  Service, Ngover Ihyembe-Nwankwo, has said more women are needed in politics and governance to enhance Nigeria’s prosperity and greatness. According to her, Nigerian women have done well in business and public service, adding that there …

The Senate Committee on Power has summoned Minister of Finance, Zainab Ahmed, over N147 billion included in the capital project of the Ministry of Power. The Chairman of the Committee, Senator Gabriel Suswam, who invited the Minister during the budget defence of the Ministry of Power, claimed that the committee …

The Vice President, Professor Yemi Osinbajo, on Tuesday, said concession plans for Ajaokuta Steel Complex and Itakpe mining company are ongoing. He said the fully-developed mines and steel sector would not only surpass other sectors of the economy in terms of export earnings but would also create lucrative jobs and …

The Federal Government owes contractors about N11.16tn for the construction of various highways across the country and certificates of completion. The Minister of Works and Housing, Babatunde Fashola (SAN), who made this disclosure while defending the proposed budget of his ministry in the 2023 Appropriation Bill, said his ministry had …

THE shrinking value of the Nigerian naira and currencies of most developing economies are driving up food and fuel prices in ways that could deepen the food and energy crises that many of them already face, according to the World Bank’s latest Commodity Markets Outlook report. In US dollar terms, …

No fewer than 109,522 workers have transferred their Retirement Savings Accounts to other Pension Fund Administrators since the National Pension Commission opened the transfer window in 2020. Findings by Newsextra24 revealed that the workers moved N483.3bn RSAs for different reasons. The National Pension Commission disclosed this in its report titled ‘Quarterly …

The Revenue Mobilisation Allocation and Fiscal Commission has begun consultation with stakeholders with a view to reviewing public office holders pay. As such, the agency said it would engage critical stakeholders to determine if the remuneration for political, public and judicial officeholders should be increased or decreased. In a telephone …

The Nigerian-British Chamber of Commerce, NBCC, has moved to strengthen and deepen trade and business relations via its annual Golf Cup Tournament. Chairman of Nigeria-British Golf Committee, Mr. Uwamai Igein, said that the tournament is part of the chamber’s commitment to building and expanding business opportunities for the chamber’s existing and …