Latest Nigeria Business News
The Speaker of the Edo State House of Assembly, Mr Frank Okiye, has accused the National Chairman of the All Progressives Congress, Mr Adams Oshiomhole, of manipulating the National Assembly to engage in practices that are beyond their power. The two chambers of the National Assembly, dominated by the APC, had respectively threatened to take […]
The Lagos State House of Assembly’s 16-man ad-hoc committee for screening Governor Babajide Sanwo-Olu’s nominees for the offices of Commissioner and Special Adviser, on Friday, screened 10 nominees. The News Agency of Nigeria (NAN) reports that this brings to 18, the total number of nominees so far screened by the Assembly. The committee headed […]
Eighteen toll collectors of Lekki Concession Company Limited (LCC) suspected to have defrauded the company of huge sums of money have been handed over to the police by the management of the company for investigation. The Managing Director of the company, Mr. Mubashiru Hassan, made this known during the week in a press statement. He said […]
The Nigerian Air Force on Friday said it neutralised more terrorists in Alafa, Borno State, while their hideouts have been destroyed by air strikes. Its spokesman, Air Commodore Ibikunle Daramola, said in a statement that the strikes were launched after intelligence platforms had established the presence of the terrorists in the area. Air Commodore Daramola […]
A three-man delegation from President Muhammadu Buhari on Friday paid a condolence visit to the family of Deputy Commissioner of Police Usman Umar, who was killed when a street protest by members of the Islamic Movement of Nigeria (IMN) turned violent. The delegation comprised the State Chief of Protocol to the President, Ambassador Abdullahi Lawal […]
For the second time in two weeks, the Acting Chairman of the Economic and Financial Crimes commission (EFCC), Mr. Ibrahim Magu, has appealed to the British Government to help Nigeria to retrieve the country’s stolen money stashed in banks in the United Kingdom. He said it was worrisome that the wealth of the country has […]
MTN Nigeria, on Friday, admitted to a technical disagreement between it and the Federal Inland Revenue Service on how the 2015 fine should be treated for tax purposes. Mr Onome Okwah, Manager, Public Relations and Protocol, Corporate Affairs/Corporate Relations, MTN, disclosed this in a statement in Lagos. According to him, the organisation’s attention has been […]
Some parts of Port Harcourt, the Rivers State capital, are currently in darkness as the Transmission Company of Nigeria disconnects two feeders belonging to Port Harcourt Electricity Distribution Company. The TCN had on Monday announced the suspension of PHED from the Market Operator-administered market due to an event of default that was not remedied. It […]
The Lead, Technical Support, Eterna Plc, Mr Oluwaseun Mendes, has advised motorists to use only lubricants approved by the Original Equipment Manufacturers in servicing their vehicles. Mendes said this recently at an event organised by a group called Naja on the safety of motorists in the country, a statement said. Speaking, Mendes also encouraged motorists […]
The National Institute of Marketing of Nigeria has warned that unregistered marketers in the country who have yet to comply with the NIMN Act, 2003 by August 31 may face prosecution. According to the institute, the Act makes it illegal to practise marketing without being a registered member of the NIMN which has the sole […]