Business

FG to address pay disparity in public service

The Federal Government is set to address the issue of pay disparity among government workers in the country, as the National Salaries, Incomes and Wages Commission, NSIWC, Friday, said it has been directed to harmonize salaries of various Ministries, Department and Agencies of government, MDA.

[...]

Sat, 23 March 2019


CAC attracts massive companies’ registration via BIS

The Corporate Affairs Commission, CAC, is confident it will exceed the previous record of registered number of companies by the end of the first quarter of 2019.

Acting registrar-general of the Commission, Azuka Azinge, is optimistic that the CAC will build on the successes achieved through its [...]

Sun, 17 March 2019


NCC tasks army on ICT for service delivery

Executive Vice Chairman of the Nigerian Communications Commission, NCC, Prof Umar Danbatta, has advised the Nigerian Army to explore Information and Communications Technology to ensure efficient service delivery.

Danbatta gave the charge recently while donating ICT equipment to the Nigerian Arm [...]

Sun, 17 March 2019


FG set to establish grazing reserves in select states

Minister of Agriculture and Rural Development, Chief Audu Ogbeh, has revealed government’s plan to begin the re-creation of Grazing Reserves across the country.

Chief Ogbeh, dropped the hint at a meeting with participants of Executive Intelligence Management Course Twelve, EIMC12 and Facu [...]

Sun, 17 March 2019


FG targets sub-100 position on World Bank business ranking

The Federal Government said it aims to move Nigeria below the 100 position on the World Bank’s Ease of Doing Business ranking by the year 2020.

A report by the Presidential Enabling Business Environment Council, PEBEC, said the move is under its 2019 strategic goals.

PEBEC in its E [...]

Sun, 17 March 2019


e-dividend: SEC fines defaulting registrars, stockbrokers

The Securities and Exchange Commission, SEC, has stated that it will come down heavy on registrars and dealing member firms of the Nigerian Stock Exchange, NSE, who try to frustrate the on-going e- dividend registration.

The e-dividend registration is geared towards reducing the quantum of uncl [...]

Sun, 17 March 2019


FG owes GenCos N364bn in 2018

The federal government has ascribed the inability of the Nigerian Bulk Electricity Trading Plc, NBET, to honour its financial obligations with electricity Generation Companies, Gencos, to issues of low remittance [...]

Sat, 09 March 2019


FG charge PFAs on infrastructure funding

Pension Fund Administrators, operating in the country have been directed to invest at least 60percent of the infrastructure fund in projects within Nigeria.

 

The National Pension Commission, in a revised regulation on investment of pension fund assets recently issued to PFAs also s [...]

Sat, 09 March 2019


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