Latest Nigeria Business News
The Federal Executive Council has approved 27 new industries and products to enter into the pioneer status to give tax holidays to them for three years, to enable them to grow and expand investments. The list was last reviewed in 2006 and the approval was to bring the industrial policy of the country to global best […]
The Nigerian stock exchange has maintained it’s upward trend as trading activities closed for the day with a 0.50 per cent increase. The market capitalisation stood at 12.720 trillion Naira after opening at 12,656 trillion Naira. The market capitalisation grew by 64 billion Naira or 0.50 per cent. The All Share Index closed for today […]
The Federal Executive Council has approved the construction of roads in Plateau and Kwara States, North-Central Nigeria, worth over twenty billion naira. Minister of Works Power and Housing, Mr Babatunde Fashola disclosed this to State House Correspondents at the end of Wednesday’s meeting of the Council, presided over by Acting President Yemi Osinbajo. “The Ministry […]
The Nigerian House of Representatives says it will continue to partner with the Executive Arm to provide the needed infrastructure for the country, as it considers an external borrowing request. The Chairman House Committee on Aids, Loan and Debt Management, Mr. Adeyinka Ajayi stated this at an interactive session with States Government to scrutinize the […]
Acting President Yemi Osinbajo has stated Nigeria will continue to exist as one indivisible nation. He admonished those speculating that the nation will one day divide, to desist from doing so, as the country has come to stay. He made the statement in Abuja on Wednesday, at the opening of the National Seminar on Unity […]
The Senate President, Dr. Bukola Saraki, said he had stopped collecting pension in Kwara State as a former governor of the state. Saraki, who said this during the News Agency of Nigeria Forum in Abuja on Tuesday, declared that he had written a letter to the state government to stop the payment of the pension. […]
The Commissioner in charge of the Public Complaints Commission in Benue, Alhaji Abubakar Tsav, says he will not retract his alleged damaging comments about Gov. Samuel Ortom as requested by the Tiv Traditional Council. Tsav said on Wednesday in Makurdi that he stood by his letter where he urged the anti graft and security agencies to investigate […]
Acting President Yemi Osinbajo on Tuesday said three lecturers of the University of Maiduguri, 15 policewomen, 113 Chibok girls and other Nigerians in Boko Haram’s captivity would be freed soon. This is just as the nation’s service chiefs arrived in Maiduguri, Borno State, on Tuesday, five days after receiving a marching order from Osinbajo. The […]
Oyo State Government says it is determined to achieve more than 50 per cent exclusive breastfeeding from nursing mothers by the end of 2017. Dr. Azeez Adeduntan, the state Commissioner for Health, spoke in Ibadan on the 2017 World Breastfeeding Week. Adeduntan said that the state government would embark on sensitization to commemorate the week in the state. […]
A 7-day ultimatum has been issued to sand dredgers and boat operators in Lagos State to comply with all applicable laws regulating their operations within the State’s inland waterways. Lagos State Commissioner for Waterfront Infrastructure, Mr Adebowale Akinsanya, who gave the directive warned that failure to comply would lead to appropriate sanctions. The directive came […]