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faith Jegede

CAC To Delist Over 91000 Companies For Infractions

The Corporate Affairs Commission (CAC) is set to delist 91,843 companies from its register for failing to file their annual returns with it.

CBN Suspends Processing Fees On Large Cash Deposits

The Central Bank of Nigeria has issued a new directive to all banks, other financial institutions, and non-bank financial institutions, suspending the processing charges previously imposed on large cash deposits.

Nigerians Building Earthquake-Proof Homes With Plastic Bottles

Plastic, one of the biggest banes of environmental conservationists, is mostly a nuisance after its contents are consumed.

Pastor Chris Oyakhilome Conferred With Title Of University Chancellor

The pastor and chairman of Believers Loveworld Incorporated also known as Christ embassy church, Rev (Dr) Chris Oyakhilome, DSc DSc DD, has been conferred with the prestigious titles of University Chancellor and Head of Government/Chairman of Institution at Weldios University, Republic of Benin.

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Naira Drops to N1,745/$ in Parallel Market

The Naira weakened in the parallel market, trading at N1,745 per dollar on Thursday, compared to N1,740 per dollar on Wednesday. However, in the Nigerian Autonomous Foreign Exchange Market (NAFEM), the Naira strengthened, closing at N1,658.67 per dollar, up from N1,687.52 per dollar the previous day—a notable appreciation...

FG Cancels N740bn Abuja-Kaduna-Kano Road Contract

The Federal Government has officially terminated the N740 billion contract with Julius Berger Plc for the construction of the Abuja-Kaduna-Zaria-Kano road project. The decision followed ongoing disputes over project costs, implementation challenges, and the contractor’s alleged refusal to comply with agreed terms. A termination letter, signed by C.O...

National Assembly Approves Life Sentences for Drug Offenders

The National Assembly has introduced life imprisonment as the penalty for drug traffickers through an amendment to the National Drug Law Enforcement Agency (NDLEA) Act. This decision followed the adoption of a harmonized report by both the Senate and the House of Representatives on the NDLEA Act...