Latest Nigeria Business News
Kogi State campaign of the Peoples Democratic Party (PDP) for the November 16 governorship poll. Stakeholders in the state’s chapter had during a visit to the Abuja secretariat of the party yesterday touted Melaye as the Director General of the party’s campaign council. But in a swift reaction, the senator, who did not accompany the […]
The Peoples Democratic Party (PDP) candidate for the November 16 gubernatorial election in Bayelsa State, Senator Douye Diri, on Friday said the insinuation that he is a stooge of the outgoing governor, Seriake Dickson, is totally false. The governorship hopeful also underscored the need for peace in the rank of the 20 PDP aspirants he […]
The Minister of Power, Engr. Saleh Mamman, has said the Muhammadu Buhari next level administration will deliver uninterrupted power supply to Nigeria before the end of its tenure. This was as the Managing Director of Kaduna Electricity Distribution Company, Engr. Garba Haruna, assured that his company was ready to play its part by evacuating the […]
The Kaduna state Governor, Nasiru El-Rufai, says a six hundred million dollar steel plant will be completed by December 2020 in Kagarko Local Coucil. El-Rufai who disclosed this in an interview with newsmen shortly after he received the Emir of Kagarko, Alhaji Sa’ad Abubakar on a courtesy visit to his office, said that the Indian, […]
Activities on the Nigerian Stock Exchange (NSE) remained positive with the market indices growing further by 1.28 per cent. Specifically, the All-Share Index rose by 352.36 points or 1.28 per cent to close at 27, 779.00 against 27,426.64 achieved on Thursday. Also, the market capitalisation rose by N171 billion or 1.28 per cent to close […]
The Nigerian Shippers’ Council has called for a reform in the trucking system. The council added that it was necessary to adopt a system where registered fleet are allowed to operate. The Executive Secretary, NSC, Mr Hassan Bello, made the call while speaking on the sidelines of the fourth Taiwo Afolabi annual maritime conference in […]
FMDQ OTC Securities Exchange has recorded a turnover of N159.79tn in eight months. Data obtained from the FMDQ on Friday showed that the exchange recorded N15.08tn turnover in January, N19.18tn in February, and N28.98tn in March. In April, May and June, the FMDQ recorded N16.37tn, N20.49tn and N19.12tn, respectively. In July, FMDQ recorded N16.36tn turnover, […]
The Department of Petroleum Resources has sealed off five filling stations in Adamawa State for fuel pump manipulation and shortchanging motorists and members of public buying fuel from them. Ten lubricant firms in Kano found to be selling substandard engine oil have similarly been shut by Standards Organisation of Nigeria. The DPR threatened to withdraw […]
The Association of Licensed Telecoms Operators of Nigeria has said there are not up to nine million unregistered mobile telephone SIM cards in the country, as claimed by the Communications Minister, Dr Isa Pantami. Pantami on Friday directed the Nigerian Communications Commission to immediately compel the telecom service providers to block ‘over nine million’ unregistered […]
President Muhammadu Buhari will depart Abuja Saturday to attend the one-day ECOWAS Heads of State and Government Extraordinary Summit on Counter-Terrorism, in Ouagadougou, Burkina Faso. Given the growing threat of terrorism in the sub-region, the West African leaders had called for the Summit to review different initiatives taken so far, and redefine the priority intervention […]