The Federal Government has begun a move to recover over N5 trillion outstanding debts owed the Asset Management Corporation of Nigeria (AMCON). The government has formally inaugurated an inter-agency committee to speedily resolve the challenges in recovering the debts. Vice President Yemi Osinbajo, who inaugurated the committee on Monday at the Presidential Villa, Abuja, charged […]

Withdrawals and deposits of physical cash in Nigeria will now attract processing fees payable by individuals or corporate owners of bank accounts involved. Nigeria’s central bank said the measure was put in place to encourage its cashless policy and will take effect on September 18 in Lagos, Kano, Rivers, Ogun, Anambra, Abia and Nigeria’s capital […]

The Minister of Labour and Employment, Dr Chris Ngige, has said members of the Indigenous People of Biafra cannot attack him outside Nigeria. He stated this in Obosi, Anambra State against the background of reports that IPOB members had threatened to attack politicians of the South-East geopolitical zone if they were sighted anywhere outside the […]

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