Latest Nigeria Business News
Ecobank Nigeria has said it did not disengage its members of staff, contrary to reports that some of its employees were sacked. The bank said in a statement on Wednesday that it decided not to renew the contract of its third-party recruitment agencies which expired recently “and as such, returned this category of personnel back […]
The Nigerian National Petroleum Corporation on Wednesday told state governors that it would increase its remittances to the Federation Account Allocation Committee, a development that would lead to an increase in the monthly allocations to states. NNPC’s Group Managing, Mele Kyari, made this commitment when the Chairman of the Nigerian Governors Forum, Kayode Fayemi, led […]
It was excitement galore at the University of Nigeria, Nsukka (UNN) yesterday as the institution’s Engineering Faculty successfully unveiled its first five-seater electric car. Christened Lion Ozumba 551, the car, made with 80 percent locally-sourced materials, could undertake a 30-kilometer distance when fully charged. Vice Chancellor of the university, Professor Charles Igwe, said the car was part […]
Nigeria has gained 3.12 million Internet users in May 2019, the latest monthly Internet subscribers data obtained from the Nigerian Communications Commission has shown. However, this is lower than the number of new Internet users recorded by mobile network operators in April in which operators gained 3.6 million new users. The statistics showed that overall […]
The French government says it will impose a new green tax on plane tickets as part of plans to reduce greenhouse gas emissions in year 2020. Transport Minister Elisabeth Borne announced that the tax would be imposed on all flights departing from the country’s airports. She added that the tax would also generate more funds […]
Sterling Bank Plc has been adjudged as the third best place to work in Nigeria and on the African continent at the 2019 edition of the annual Great Place To Work (GPTW) awards which held in Lagos. The bank also clinched the Best in Leadership (Large corporate) and Best Workplace for millennial generation. This indeed […]
Stakeholders are seeking a forensic audit of Lafarge Africa PLC to determine the fairness and propriety of its management’s decision, and allay fears of increase of LafargeHolcim’s majority shares in the company under several guise, writes Capital Editor TAOFIK SALAKO Shareholders and concerned capital market operators have called on the capital market authorities to undertake […]
Lagos State Pension Commission (LASPEC), Director-General (DG) Mrs. Folashade Onanuga said another batch of 266 retirees in the state has received their retirement bond certificates for a sum of N784.69 million accrued pension rights. The DG in a statement said the retirees received their bond certificate at the 64th Retirement Benefit Bond Certificate presentation ceremony, […]
STEVEN: I am a retired teacher from Ifako International School. I was receiving pension of N24,684.76, but since 2003 nothing has been given to me. My NPF no is ANNONYMOUS. I will be happy if you can help and ensure that the money is paid. I also worked at Barachel Model College. PTAD: The pensioner […]
Ecobank Nigeria has organised a wealth-building and sustainance breakfast forum for its High Networth Individual (HNI) customers. The lender used the forum to pledge its commitment to helping its customers to sustain their family wealth, and ensure that their businesses transit from one generation to the other and have a better future for the children. […]