Latest Nigeria Business News
NOVA Merchant Bank has announced that its N20 billion Series 1 & 2 Commercial Paper issuance under the Nova Merchant Bank Limited N50 billion CP Programme is now open. The company said the offer, which opened on the FMDQ platform on Tuesday, February 8, 2022 has a tenor of 182 days for Series 1 while […]
The Securities and Exchange Commission (SEC) has reiterated that it is committed to sound and proper regulation that would engender growth and development in the Nigerian capital market. The Director General of SEC, Mr. Lamido Yuguda stated this at a meeting with market stakeholders organised by the Debt Management Office (DMO) in Lagos. Yuguda in […]
Anglican Priest and oil magnet, Rev Asoliye Douglas-West is an aspirant for the 2023 governorship election in Rivers State. In this interview with Mary Nnah, he speaks about how the Ijaw-speaking parts of the state have been sidelined in governance and stressed that the situation should be addressed in 2023 What is your view on […]
Former National Shairman of the All Progressives Grand Alliance and federal lawmaker that represented Anambra Central Senatorial District, Senator Victor Umeh shares his thoughts on issues of national interest with Charles Ajunwa Your party, APGA, has now produced three successive governors in Anambra State. That is a feat, considering the massive opposition you have faced. […]
The Senate yesterday confirmed nine nominees proposed by President Muhammadu Buhari as Commissioners of the National Population Commission (NPC) and National Electricity Regulatory Commission (NERC). The Commissioners included five for NPC while the remaining four are for NERC. The confirmation of the nominees was sequel to the consideration of two separate reports presented at plenary […]
The Federal Executive Council (FEC) rose from its weekly virtual meeting yesterday with the approval of $2.1 billion for the procurement of railway rolling stocks and other operational materials as well as N4.96 billion printing contract for the National Examination Council (NECO). FEC also banned the use of generic domain addresses on official government businesses […]
The police report on the suspended Deputy Commissioner of Police (DCP), Abba Kyari, which was submitted to the Attorney General of the Federation (AGF) and Minister of Justice, Mr Abubakar Malami, (SAN), concluded that the conduct of the police officer violated the law and code of conduct for law enforcement officers. The report maintained the […]
Group Managing Director and Chief Executive Officer of Nigerian National Petroleum Company (NNPC) Limited, Mr. Mele Kyari, yesterday apologised to Nigerians for damages caused by the importation of substandard fuel into the country. Kyari assured Nigerians that normalcy would return to petrol stations by next week, saying the national oil company has taken necessary steps […]
The successful auction of 3.5GHz spectrum licence in Nigeria in December 2021, and the expected rollout of 5G network in Nigeria this month, The Nigerian Communications Commission (NCC) has set the pace of 5G network deployment in Africa, the Nigerian Institute of Electrical and Electronic Engineers (NIEEE) has said. The Engineering body in a statement […]
The Chief Executive Officer of MTN Nigeria, Mr. Karl Toriola has stressed the need for smart adoption of data by Small and Medium Enterprises (SMEs) in Nigeria, insisting that early adoption will transform the growth of SMEs business in Nigeria. Toriola who made the assertion during the recent Sparkle’s webinar for SMEs themed, ‘Simplifying Support […]