Latest Nigeria Business News
The Alumni Association of the University of Lagos (UNILAG) has honoured eminent Nigerians in commemoration of its 50th anniversary. The honourees include Vice-President Yemi Osinbajo, All Progressives Congress (APC) stalwart, Asiwaju Bola Tinubu and Osun State Governor Adegboyega Oyetola. The alumni association, led by its President, Dr John Momoh, honoured the eminent Nigerians yesterday at […]
Lagos lawyer Mr Femi Falana (SAN) has expressed concern about one of the bail conditions imposed on detained publisher of the Sahara Reporters, Omoyele Sowore, by the court. He said the bail condition would confine the detainee to a part of the country, even after meeting other conditions. The popular lawyer recalled that the last […]
Ekiti State Governor, Dr. Kayode Fayemi, has disbursed over N584 million as gratuities, car and housing loans to pensioners, civil servants, teachers and local government workers in the state. While distributing the cheques to the beneficiaries at a ceremony held at the Jibowu Hall, Government House, Ado Ekiti, the governor said the gesture was in […]
Wife of the Ekiti State Governor, Erelu Bisi Fayemi, has cleared the medical bills of seven post-natal patients at the Ekiti State University Teaching Hospital, Ado Ekiti. The Nation gathered that the patients had been detained in the hospital since September, following their inability to pay their respective medical bills. The governor’s wife, who received a […]
In a bid to engage and inspire leaders both within and outside the organisation, MTN Nigeria hosted industry chieftains to the inaugural edition of the MTN Fireside Chat to expound on thought leadership to a group of high-performing, high-potential employees. The conference-style event themed, ‘Making Excellence Ordinary’ held over the weekend at the Four Points […]
To meet the new minimum capital requirement for the industry, AIICO Insurance Plc has received shareholders’nod to increase its authorized share capital from N10 billion to N18 billion. The shareholders gave the approval at the Extra-Ordinary General Meeting (EGM) in Lagos. Its Chairman, Mr. Kundan Sainani, disclosed that AIICO has received the National Insurance Commission’s […]
Trade between Africa and Russia has doubled to about $20 billion as against $10 billion in the past three years, the Africa Export Import Bank (Afreximbank), has said. Afreximbank’s Director and Global Head of Communications and Events Management, Obi Emekekwu, quoted the bank’s President, Prof. Benedict Oramah, as saying this at the ongoing Russia-Africa Economic […]
The International Financial Corporation (IFC) and Standard Chartered Bank (StanChart), a member of the World Bank Group, have established a $1 billion facility to boost trade finance in emerging markets, helping to sustain trade flows in developing countries and narrow the gap in global trade finance. The initiative will support trade flows in emerging markets […]
The Securities and Exchange Commission (SEC) and Bureau of Public Enterprises (BPE) are in talks with the Nigeria National Petroleum Corporation (NNPC) on getting the corporation’s subsidiaries listed on the Nigerian Stock Exchange. SEC’s Acting Director-General Ms. Mary Uduk, made this known when she engaged the media on the sidelines of the just concluded 2019 […]
Union Bank has organised its second education feasta titled; Edu360, in Lagos, drawing stakeholders from across the sector. They included government officials, policy makers, teachers, parents, school owners, investors, students. The event tagged “Education Beyond Walls”, served as a platform for collaboration among the stakeholders, with the goal of accelerating development and investment in the […]