Business

Recapitalisation: Labour Ministry charges banks to protect workers

By Victor Ahiuma-Young & Omotola Aremo The Federal Ministry of Labour and Employment has cautioned banks and insurance companies against allowing workers to bear the brunt of the ongoing recapitalisation and restructuring in the financial sector. The Ministry made the call during the 2026 World Day for Decent Work celebration organised by the Association of […]
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BVN enrolment: Facts behind deadline extension (2)

The standard procedure is that once the biometrics details (finger prints, facial features) of the customer are captured at the bank’s branch, the BVN is sent to him (or her) through SMS alert. Thus the customer should have his BVN not later than 48 hours after doing the biometric capture. I received mine within 24 hours.

FMDQ lists N7.6trn debt instruments to boost liquidity

As part of its commitment to boost liquidity, transparency and develop Over the Counter OTC market, FMDQ OTC Plc, yesterday recorded another milestone with the listing of N7.6 trillion debt instruments in the country.

‘Nigeria’s tax system hindering oil industry growth’

ANALYSTS at GTI Capital have called for a review of Nigeria’s tax policy especially as it affects the country’s petroleum industry, saying that the current tax system does not allow for technological advancement in the industry.

Brass LNG: Management tasks Buhari on FID

Notwithstanding the beaming of torchlight on activities of the petroleum industry, the management of the Brass Liquefied Natural Gas, LNG, has charged President Mohammadu Buhari to do all it takes to facilitate shareholders taking the final investment decision, FID, of the project

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