Latest Nigeria Business News
Edo State Governor, Mr. Godwin Obaseki, has ordered his aides not to reply what he described as “very hostile statements credited to our revered National Chairman, Comrade Adams Oshiomhole.” A statement signed by Commissioner for Communication and Orientation, Barr. Paul Ohonbamu said the statement was an onslaught against the governor and government of Edo State […]
Senators Uche Ekwunife and Ifeanyi Ubah have been declared the winners of the February 23, 2019 National Assembly elections in Anambra State Ekwunife of the People’s Democratic Party (PDP) for Central Senatorial Zone defeated Sen Victor Umeh of the All Progressive Grand Alliance (APGA) Also, the Tribunal ruled in favour of Sen Ifeanyi Ubah of […]
The new capital base for old and prospective insurance companies as announced by the National Insurance Commission (NAICOM) has thrown confusion into the insurance sub-sector as local players have expressed fears over this development. Investigation by The Nation revealed that since NAICOM set the new benchmark, majority of the insurance companies operating in Nigeria, who may not […]
The Nigerian Extractive Industries Transparency Initiative, on Monday, revealed that the three tiers of government shared the sum of N3.842 trillion in the first half of 2019. According to the NEITI quarterly review shared on it verified Twitter handle, the Initiative revealed that the Federal Government received N1.599 trillion; states received N1.335 trillion and Local Governments received N792 […]
Heineken has launched its newly designed 33cl cans. The unveiling, which was made at an exclusive event at the Heineken House in Lagos, recently follows Heineken’s impressive charge to bring a fresh perspective to beer consumption in Nigeria. The brand has also unveiled a new sleek can, the first of its kind in the beer […]
Exploring alternative dispute resolution options for shippers and other stakeholders in the maritime industry has fetched the Nigerian Shippers’ Council (NSC) N2.3billion. It was saved from complainants who approached it for any discrepancy in their business transaction. The NSC said this amount is exclusive of money recovered in foreign currencies. Its Deputy Director, Complaints Unit, […]
The Managing Director, Transmission Company of Nigeria (TCN), Usman Gur Mohammed, has said part of the $1.66billion secured from the World Bank and the Japan International Cooperation Agency (JICA) is being used to develop and upgrade facilities within the Lagos-Ogun states axis. He said the cash is the highest grant that has ever been received […]
Nigeria’s leading financial institution, Zenith Bank Plc, is set to light up the social and entertainment scene this month with the announcement of the Bank’s“Aspire Music Festival”. Dubbed as the most anticipated entertainment event of the year, the music festival holds on Saturday, September 21, 2019 by 8.00pm at the Harbour Point Event Centre, […]
In demonstration of its commitment to consistently promote and support the growth and development of the real sector, Keystone Bank Limited has embarked on a series of capacity building training in digital marketing and bookkeeping for its micro, small and medium enterprises (MSME) customers across the country. The first phase of the workshops held in […]
The aircraft seating market is predicted to increase from $18 billion to over $25 billion in the next seven years, according to the Global Insights report. The projected hike is predicated on increasing aircraft demand as well as rising air passenger traffic across the globe expected to drive the market. Statistics from the International Air […]