Gunmen kill five in Benue

Gunmen on Friday attacked Tse Vue community in Ukum Local Government Area of Benue State, killing five people in the process. The police in the state told our correspondent that they received a report of the attack at about 9:00am, promptly deploying men to the area. According to the spokesperson for the police in Benue,…

PenCom registers 13,469 firms under Contribution Pension Scheme

The National Pension Commission says that the recent recovery of N14.76bn by the agency has boosted the confidence of contributors and encouraged employers to embrace the Contributory Pensions Scheme. The Acting Director General, PenCom,  Aisha Dahir-Umah, said that the money was recovered from unwilling and recalcitrant employers, who failed to remit deducted pension funds as…

NSE suspends trading on Skye Bank shares

The Nigerian Stock Exchange (NSE) on Friday officially notified the investing public that Skye Bank Plc shares would be suspended from trading on Sept. 24. The exchange gave the notice in Lagos in a statement by Mr Olumide Orojimi, Head, Corporate Communications and Mr Godstime Iwenekhai Head, Listings Regulations. NSE said in the statement that…

Nigeria’s foreign debt stands at $22.08bn, local N3.48trn – NBS

A The National Bureau of Statistics (NBS) says the country’s foreign debt stands at 22.08billion dollars. The bureau’s “Nigerian Domestic and Foreign Debt’’ Q2 2018 report released in Abuja, said the country’s domestic debt stood at N3.48trillion. According to the bureau, further disaggregation of Nigeria’s foreign debt shows that 10.88billion dollars of the debt is multilateral…