Latest Nigeria Business News
Over 24 final year students of Bayero University (BUK) Kano have been expelled for falsification of their entry qualifications. The spokesperson for the university, Malam Lamara Garba made this known in a statement in Kano. According to the statement, their expulsion was approved by the Senate of the University at its 374th meeting on Wednesday, […]
Students Union Government of the Nnamdi Azikiwe University, Awka, Anambra state has expressed worry over recklessness of commercial bus drivers plying within the school and its environs. Director of Transport in the institution, Mmesirionye Patrick stated this on Saturday during the 1st Annual Transport Summit, themed, “A Good Transport Network: A Panacea to Accident Minimization”. […]
The 82 Division of the Nigerian Army has detained one Lance Cpl. Ajayi Johnson, suspected to have killed a commercial cyclist at Umuokereke Ngwa in Abia. Umuokereke Ngwa is in the Obingwa Local Government Area of Abia. In a statement on Saturday in Enugu, the Deputy Director of Army Public Relations in the division, Col. […]
The Retail Secondary Market Intervention Sales (SMIS) on Friday received a boost of 280.04 million dollars from the Central Bank of Nigeria (CBN). The bank’s Director, Corporate Communications Department, Mr Isaac Okoroafor, made this known in a statement in Abuja, Nigeria’s capital. According to Okorafor, the CBN also injected CNY 28.3 million in the spot […]
Japan says its economy had slowed in the 2019 April-to-June quarter amid escalating trade tensions between China and the United States. The Cabinet Office said in a statement that the economy expanded at an annualized rate of 1.8 per cent for the third straight quarter of growth, slowing from the 2.8-per-cent expansion in the first […]
The Nigerian Association of Air Freight Forwarders and Consolidators has faulted the unbundling and creation of new area commands by the Nigeria Customs Service. The President General of the association, Bakare Adeyinka, said the development instead of facilitating trade would lead to unnecessary pressure on the part of the new commands in terms of meeting […]
The Akwa Ibom State Internal Revenue Service on Friday sealed off all the zonal offices of Ecobank and Union Bank in the state for allegedly evading state taxes. Our correspondent learnt that the agency’s action followed an exparte order it obtained from the Akwa Ibom State High Court, Uyo Division directing that the premises be […]
The World Bank has disbursed N477.8m to 42 communities and seven groups in Katsina State for projects under its supported Community and Social Development Projects. The acting General Manager, CSDP Katsina State, Alhaji Muhammad Abdulaziz, disclosed this on Friday during a ceremony to mark the commencement of the Community Projects and Oando Foundation Partnership at […]
The Nigerian Communications Commission has marked a total of 693 abandoned telecom masts and towers across the country for demolition. The commission in a notice on Friday gave owners of the base transceiver stations 90 days to either put structures in good shape for immediate use or dismantle them. In the notice signed by the […]
A Federal High Court in Abuja, the nation’s capital, yesterday granted the request of the Department of State Services (DSS) to further detain the Convener of #RevolutionNow, Omoyele Sowore, for 45 days, pending the conclusion of its investigation into the protest. In a ruling on an ex parte motion filed by the DSS, Justice Taiwo […]