Latest Nigeria Business News
The Ooni of Ife, Oba Enitan Adeyeye Ogunwusi, has said the country would subdue the menace of killings, Kidnappings , banditry and other social evils afflicting it easily, if citizens can demonstrate the spirits of unity, love and patriotism. The monarch spoke in Ejiyan Ekiti, Ijero Local government area of Ekiti State, on Saturday, during […]
A chieftain of the Peoples Democratic Party (PDP) and former commissioner in Edo during the Adams Oshiomhole administration, Kassim Afegbua, in this interview, with Adibe Emenyonu explains his grouse with the PDP at the national level and his home state. Afegbua also talks about the critical 2023 general elections, demanding old men aspiring to be […]
The federal government has begun work on the 21 roads for which N621 billion was recently earmarked by the Nigerian National Petroleum Company (NNPC) under the Tax Credit Scheme (TCS). The implementation of the scheme coincided with a statement by the Ministry of Works led by Mr. Babatunde Fashola, that contrary to the position of […]
The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has predicted 10 per cent increase in credit to the agricultural sector over the next two years. He also said about $2 billion out of about $2.5 billion, earmarked for key initiatives in the manufacturing, mining and agriculture, services sectors had been disbursed […]
The Federal Airports Authority of Nigeria (FAAN) said it remitted N16.7 billion to the Federation Account last year. The agency also revealed that in order to reduce congestion at the Lagos airport’s domestic terminal, it had almost completed work on its expansion. Speaking during a joint working visit of the Senate and House Committee on […]
The federal government has condemned Canada for repressing truckers who were protesting over COVID-19 mandates and other restrictions in the country as insurrectionists. Minister of Information and Culture, Alhaji Lai Mohammed, yesterday, said the action of the Canadian government amounted to double standard. Mohammed’s condemnation was a veiled reference to the anti-Nigeria government stance of […]
Sterling Bank Plc has awarded its HEART Fellowship to five tech founders to enable them to participate in the Founder Institute (FI) Lagos Spring Virtual 2022 Cohort. The recipients: Sikiru Salau, Olivia Chukwu, Charles Matthews, Maryann Efiong, and Michael Ayodele have each received a scholarship worth One Thousand Dollars ($1,000.00) to cover the cost of […]
Commissioner for Insurance/Chief Executive, National Insurance Commission (NAICOM), Mr. Sunday Thomas, has said funds disbursement by the government to farmers and traders under its poverty alleviation programme should be covered by insurance. He said the government can guarantee business sustainability and revolving of funds for the future only with insurance. Speaking at the retreat for […]
The Nigeria Association of Auctioneers has chided the Acting Chairman of the Economic and Financial Crimes Commission, Mr Ibrahim Magu, over his announcement that the commission would engage foreign auctioneers to sell the jewellery and houses seized from a former Minister of Petroleum Resources, Mrs Diezani Alison-Madueke. The association noted that it was an insult […]
There are fears among members and supporters of the Indigenous People of Biafra (IPOB), that the attempt by security agencies to re-arrest the leader of the group and Director of Radio Biafra, Nnamdi Kanu, may prevent him from attending his mother’s (Sally Meme Kanu’s) funeral. This is even as an Abuja Court presided over by […]