Latest Nigeria Business News
The Air Force said on Sunday that its Air Task Force (ATF) of Operation Lafiya Dole has neutralised scores of Boko Haram Terrorists (BHT) in air strikes at Yuwe “C” in Borno State. NAF Director of Public Relations and Information Air Commodore Ibikunle Daramola, in a statement on Sunday, said the operation was conducted on […]
In search of a lasting solution to the security challenges facing the Southwest states, Governor Seyi Makinde of Oyo state will on Monday host the Inspector-General of Police, Mohammed A. Adamu, service chiefs and five other governors of the Southwest states in Ibadan. The meeting tagged Southwest Geopolitical Zone Security Summit is convened by the […]
PRESIDENT Muhammadu Buhari and Vice-President Yemi Osinbajo separately approved negotiation with Messrs Process and Industrial Developments (P&ID) after the Arbitration Tribunal awarded $6.597billion to the company. The Vice President gave the approval on April 18, 2017, following the recommendations of the Attorney-General of the Federation (AGF) and Minister of Justice, Mallam Abubakar Malami (SAN), which […]
The Joint Admissions and Matriculation Board has said it would use the National Identity Number issued by the National Identity Management Commission for the conduct of 2020 Unified Tertiary Matriculation Examination. JAMB Registrar, Prof Is-haq Oloyede, stated this when the Director of the Bureau of Public Service Reforms, Mr Dasuki Arabi, visited him at the […]
Airtel Africa, a leading telecoms services provider with operations in 14 countries across Africa, said it has crossed the 100 million customers mark across its operations. Airtel Africa is the second largest mobile operator in Africa by number of active subscribers. Commenting on this milestone achievement, Raghunath Mandava, Airtel Africa’s Chief Executive Officer, said: “I […]
Following plans to meet its financial inclusion target, the Federal Government has restated the desire to capture over 36.6 million Nigerian adults, representing 36.8 per cent of the working population through the micro segment of insurance and pension sectors. The figure includes self-employed Nigerians that are yet to officially embrace any form of financial services […]
THE Central Bank of Nigeria (CBN) has rolled over N208.6 billion Treasury Bills across all maturities at the Primary Market Auctions. The marginal rates across tenors closed higher at 11.1 per cent, 11.6 per cent and 12.9 per cent for the 91-day, 182-day and 364-day tenors respectively. This compared with previous auction marginal rates of […]
ANALYSTS at Afrinvest West Africa, an investment and research firm, have described Federal Government’s plan to recover N614 bailout fund to states as illusive. In an emailed report to investors, the firm said based on the terms of the loan, a positive response from states to the sudden request for repayment by the minister of […]
ACCESS Bank Plc and Bloom Initiative for Empowering Youth (BloomFEY) have partnered to hold the the Bloom Week where children from secondary schools are selected to learn leadership skills, financial literacy and entrepreneurship. The Bloom 2019 graduation programme was concluded on August 30, with students drawn from different secondary schools across the country in attendance. […]
The World Bank and World Health Organisation (WHO) at the weekend lamented the failure of governments to provide safe water for the planet’s poorest communities. They said this is because the governments are not investing enough and not deploying subsidies equitably too. Separate reports released by the two global bodies at the weekend, painted a […]