Category Archives: METRO

CAC To Delist Over 91,000 Companies Over Infractions

No fewer than 91,843 companies are scheduled to be delisted by the Corporate Affairs Commission (CAC) for not filing their yearly returns with the commission. The commission delisted 91,843 companies (2,738 fewer than the 94,581 it originally announced in August)

Emefiele: Court to Deliver Judgment on Fundamental Rights January 8

A Federal Capital Territory High Court will deliver judgment in the enforcement of a fundamental rights suit filed by a former Central Bank of Nigeria Governor, Godwin Emefiele, on January 8, 2024. Following his prolonged detention, Emefiele had dragged the

Wale Edun: No Plan to Increase Tax Rate — We’re Improving Collection

Wale Edun, minister of finance and coordinating minister of economy, says the federal government has no plan to increase tax rate.  Edun spoke on Monday at an interactive session with the house of representatives committee on appropriation. The minister said the government’s

‘8th World Wonder’ — Otedola Praises Dangote Over Refinery Feat

Femi Otedola, the billionaire businessman, says the Dangote Refinery is a testament to visionary leadership and relentless pursuit of excellence. Otedola spoke in a post on X on Sunday, expressing his views on the giant oil plant. The Dangote refinery

Sinatra, Others To Host Maiden Computer Village Awards On Dec 10

Sinatra’s Place, a lifestyle and entertainment hub, is set to host the maiden edition of Computer Village Awards (CVA) on Sunday, December 10, 2023. The award was conceived by the management of S&G Concept and MetroNews Nigeria, as a reward

JUST IN: Fake Naira Notes In Circulation, CBN Warns Nigerians

The Central Bank of Nigeria has warned Nigerians to be wary of counterfeit naira notes in circulation amid reports of currency shortage in the country. In a statement released on Friday titled ‘Beware of Counterfeit Naira Banknotes in Circulation,’ the

Senate Gives Kyari, NUPRC Boss 24 Hours to Defend Budget

The Chairman of the Senate Appropriation Committee, Senator Adeola Olamilekan, has ordered the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mele Kyari, to in 24 hours appear before the committee. The committee chairman, on Wednesday, also

Arrest Warrants Out for New CBN Governor, Accountant General, Others Over Alleged Fraud

This followed the adoption of a motion by Rep Fred Agbedi (PDP-Bayelsa) at the committee’s hearing on Tuesday, December 05, 2023. Moving the motion, Agbedi said that the arrest warrant had become inevitable following the attitude of the invitees. He said that

Presidency Clarifies Controversy on Delegates List to Climate Summit in Dubai

The delegates list which surfaced on social media on Saturday, December 2, 2023, has generated a lot of conversations on social media in the last 24 hours. Clarifying the controversy, the presidency said the participation of the over 1400 delegates

CBN Announces Date to Freeze all Bank Accounts Without BVN, NIN

The Central Bank of Nigeria (CBN) says all bank accounts without Bank Verification Number (BVN) and National Identity Number (NIN) will be placed as ‘Post No Debit’ with effect from April 2024. “Post No Debit” is a term used to