Latest Nigeria Business News
The Singaporean government and the International Civil Aviation Organisation have offered support to the Accident Investigation Bureau to revive Nigeria’s $5.8m aircraft incident/accident investigation laboratory located in the Federal Capital Territory.The AIB is the government agency responsible for the investigation of aircraft accidents and serious incidents with a view to proffering safety recommendations that […]
The Central Bank of Nigeria has extended guarantees to Skye Bank Plc for another year, while it considers the bank’s recapitalisation proposal, the mid-tier lender has said. The CBN had last year shored up Skye Bank with N100bn capital injection, after sacking its top management for failing to meet minimum capital requirements. The central […]
Background It was sweet, though it was a life of hustling with my mum. I say it was sweet because if not for that experience, I don’t think I would be where I am now. As a young girl, I engaged in a lot of businesses such as selling candies and biscuits. Education My childhood […]
Popular actress and filmmaker, Omoni Oboli, speaks with TOFARATI IGE on her career, family and other issues How would you describe your childhood? It was simple and also full of fun. I wasn’t raised by rich parents. I lived with my mum and sister in the Delta Steel Company complex, Aladja. It was a […]
The Minister of Information and Culture, Alhaji Lai Mohammed, on Monday announced the establishment of a one million dollar Venture Capital to boost the Creative Industry. The minister made the announcement at the opening of a two-day Creative Industry Financing Conference holding in Lagos. According to him, 20 people, each investing 50,000 dollars are expected […]
The Central Bank of Nigeria (CBN) yesterday supplied $195 million to stabilise the inter-bank Foreign Exchange Market. CBN spokesman Isaac Okorafor said $100 million was offered through the wholesale segment. Small and Medium Enterprises (SMEs) segment received $50 million. Tuition fees, medical payments and Basic Travel Allowance (BTA), among others, got $45 million. Okorafor said […]
Former President Goodluck Jonathan said Nigerians still believed in the capacity of the Peoples Democratic Party to lead the country. Jonathan stated this at the expanded National Caucus of the party held on Monday night at Wadata House, Abuja. He said Nigerians were worried that the party would go down. He said that this was […]
The Peoples Democratic Party has asked women to be ready to pay for nomination forms instead of waiting to be asked to pick them free by political parties. It said this would enhance their participation and also earn them respect in politics. The Chairman, National Caretaker Committee of the party, Ahmed Makarfi, stated this when […]
Lagos State Commissioner of Police, Mr. Fatai Owoseni Suspected fraudsters have created five Facebook accounts in the name of the Lagos State Commissioner of Police, Fatai Owoseni. As of 12pm on Monday, a check by our correspondent indicated that two of the accounts bore Fatai Owoseni; two others had CP Ajani Fatai Owoseni, while one bore Fatai […]
A father, whose name has yet to be ascertained, was said to have butchered his son, Favour Oyediran on Sunday, after he lured him into the bush near the President Muhammadu Buhari Estate along Siun-Sagamu-Abeokuta Expressway. The victim was said to be living at Abule Agbon, located between Kobape and Abeokuta, with his father, stepmother […]