Showing posts with label Business. Show all posts

I Will Make Nigeria a Tourist Haven – Ooni Oba Adeyeye

Business,News

I Will Make Nigeria a Tourist Haven – Ooni Oba Adeyeye

I Will Make Nigeria a Tourist Haven – Ooni Oba AdeyeyeOoni of Ife, ObaRead More...

Governor blames Buhari for naira crash

Business,Latest News,News,

Governor blames Buhari for naira crash

Governor blames Buhari for naira crashEkiti state governor, Ayodele Fayose, has blamed President MuhammaduRead More...

Naira falls to N345 against dollar in parallel market

Business,News

Naira falls to N345 against dollar in parallel market

Naira falls to N345 against dollar in parallel marketThe naira yesterday exchanged at N345Read More...

Customers set to boycott banks on March 1, 2016

Business

Customers set to boycott banks on March 1, 2016

Customers set to boycott banks on March 1, 2016The Consumer Advocacy Foundation of NigeriaRead More...

Falana to govt: recover outstanding $66.5b loans, others

Business,News

Falana to govt: recover outstanding $66.5b loans, others

Falana to govt: recover outstanding $66.5b loans, othersLagos Lawyer Femi Falana (SAN) yesterday urgedRead More...

Senate to pass budget before March 31, says Ndume

Business,News,Politics

Senate to pass budget before March 31, says Ndume

Senate to pass budget before March 31, says NdumeThe Senate will pass this year’sRead More...

Naira falls to record N335 to dollar

Business,News

Naira falls to record N335 to dollar

Naira falls to record N335 to dollarThe naira on Friday exchanged at N335 toRead More...

Innoson Keeps Our Jets In Operation Against Boko Haram

Business,Latest News,News

Innoson Keeps Our Jets In Operation Against Boko Haram

Innoson Keeps Our Jets In Operation Against Boko HaramNigeria’s Chief of the Air StaffRead More...

Finance minister says 23,000 ghost workers were discovered in civil service

Finance minister says 23,000 ghost workers were discovered in civil service



The minister of finance, Kemi Adeosun revealed that 23,000 ghost workers were discovered in the federal civil service.


Daily Post reports that Adeosun said the ghost workers will be handed over to the Economic and Financial Crimes Commission (EFCC).


She made this revelation while addressing, the Senate committee on Finance, during her budget defence session.


Adeosun also said banks that worked with the civil servants to defraud the government will also be prosecuted.


She said “We will not only sack them, we will ensure the recovery of the money they have been collecting over the years from the Federal government.”


The finance minister also said Nigeria's decision to collect government payments in one bank account will help limit state borrowing, reduce payment delays and curb corruption.


During the visit of the International Monetary Fund (IMF) boss, Christine Lagarde Adeosun also said Nigeria plans up to $5 bln borrowing from sources including Eurobonds.


The minister has also hinted that the government was working on the introduction of performance-related pay for the Nigeria Customs Service (NCS), to motivate improved revenue collection and reduce corruption.



Buhari has plunged Nigerian economy into recession says Utomi

Business,Latest News,News,

Buhari has plunged Nigerian economy into recession says Utomi

Buhari has plunged Nigerian economy into recession says UtomiThe possibility of the Nigerian economyRead More...

Amechi says he is discussing with President Buhari on national carrier

Business,Latest News,News,

Amechi says he is discussing with President Buhari on national carrier

Amechi says he is discussing with President Buhari on national carrierThe Ministry of TransportRead More...

NLC opposes electricity tariff hike

Business,News

NLC opposes electricity tariff hike

NLC opposes electricity tariff hikeTHE Nigeria Labour Congress’ (NLC) Central Working Committee has rejectedRead More...

Emefiele unveils plans to stabilize Naira as TSA savings hit N2trillion

Business,Latest News,News

Emefiele unveils plans to stabilize Naira as TSA savings hit N2trillion

Emefiele unveils plans to stabilize Naira as TSA savings hit N2trillionThe Governor of CentralRead More...

Drama at Bauchi Airport as Aero uses ladder to disembark 34 passengers

Business,Lifestyle And Fashion,News

Drama at Bauchi Airport as Aero uses ladder to disembark 34 passengers

Drama at Bauchi Airport as Aero uses ladder to disembark 34 passengersAmild drama unfoldedRead More...

N31b fraud: Anenih, George, Odili, others may refund N630m slush fund

Business,Latest News,News,

N31b fraud: Anenih, George, Odili, others may refund N630m slush fund

N31b fraud: Anenih, George, Odili, others may refund N630m slush fundSome former and servingRead More...

6 Nigerian Banks to Merge From January 2016

Business,News

6 Nigerian Banks to Merge From January 2016

6 Nigerian Banks to Merge From January 20166 Nigerian banks will be forming aRead More...