Latest Nigeria Business News
The Archbishop of Canterbury, Justin Welby, on Friday paid a visit to President Muhammadu Buhari in Abuja House, London, where he is recuperating. Archbishop Welby said he was delighted to see the rapid recovery President Buhari had made, noting that “it was a testimony to the healing powers of God, and answer to prayers of […]
Star actress, Ronke Oshodi Oke, burst into tears on Thursday over an interview she granted Broadway TV, as she claimed that she was not adequately represented in the broadcast. She noted that she was taken out of context regarding a claim that she could not cook for a man if she was the breadwinner of […]
The Minister of Information and Culture, Lai Mohammed, on Monday in Abuja inaugurated the Anti-Piracy Committee, charged with working out the modalities to tackle the piracy of creative works in the country.The inauguration followed last week’s visit to the Inspector General of Police, Ibrahim Idris, by the Minister, to solicit the support of the Police in the […]
Kidnappers of the Ikeja Local Government council clerk, Shamsideen Omotayo, reached out to his family on Thursday, demanding N20,000 recharge cards. PUNCH Metro learnt that the abductors, who spoke with a member of the family on the telephone, also insisted on N20m ransom before the gang would release him and his driver. Omotayo was being driven […]
THE Governor of Niger State, Abubakar Bello, has ordered full-scale investigation into an alleged fraud of N1.2bn in the state’s Sustainable Development Goals office. Bello’s directive followed a petition by a whistle-blower who claimed that top officials of the organisation were involved in financial and contract scam. The SDG officials were accused of misappropriating well […]
A 31-year-old man with a hunch and 15 teenagers were among 31 suspects arrested by policemen in Bayelsa State for cult activities, armed robbery and kidnapping. The Commissioner of Police, Mr. Asuquo Amba, who paraded the suspects on Thursday at the police command’s headquarters in Yenagoa, said they were apprehended in the last three weeks. […]
The Federal Government on Thursday unveiled the new National Occupational Standard to drive the development of the auto industry. The document, which was launched in Abuja by the Minister of State for Industry, Trade and Investment, Mrs. Aisha Abubakar, contains the curriculum for the development of technical skills of auto engineers. The framework, which was […]
The Nigerian National Petroleum Corporation on Thursday announced that two sets of alternative financing agreements on joint venture projects to boost oil reserves and production were signed in London between it and two of its JV partners. It listed the partners as the NNPC/Chevron Nigeria Limited JV and NNPC/Shell Petroleum Development Company JV. It said […]
The Minister of Budget and National Planning, Senator Udo Udoma, on Thursday said that the country was already moving out of economic recession. Udoma stated this in Abuja while inaugurating the Joint Planning Committee for the 23rd Nigerian Economic Summit. The summit, to be held in October this year, is the single largest gathering of […]
It is now going to be tougher for states of the federation to enjoy easy access to borrowed funds, the Debt Management Office has said. The Director-General, DMO, Patience Oniha, said this when the Edo State Governor, Mr. Godwin Obaseki, visited her in Abuja on Thursday. Oniha said with dwindling allocations going to the states […]