Latest Nigeria Business News
The Executive Council of the African Union has supported Dr. Akinwumi Adesina’s candidacy for a second term as President of the African Development Bank (AfDB). A statement disclosed that the decision was taken during the 36th ordinary session of the AU Executive Council, held during the AU Summit in Addis Ababa, Ethiopia, earlier this month. […]
As parts of efforts to tackle the problems of farmers, herders’ clashes that have led to the death of hundreds of people and the destruction of property worth millions of naira, the federal government is set to launch a pilot programme of its National Livestock Transformation Plan (NLTP) in three states. The scheme, according to […]
POLICE in Kogi State have confirmed that the five officials of the Joint Admission and Matriculation Board (JAMB) kidnapped on Obajana-Kabba Road over a week ago have been freed. Also set free were five officials of the Nigeria Security and Civil Defence Corps (NSCDC) kidnapped on Ayingba Road. A police statement issued on Tuesday said […]
THE Federal Government on Tuesday in Lagos lamented that insecurity across the country has taken toll on businesses and trade. Speaking at the fourth “Security meet Business” programme organised by the Lagos Chamber of Commerce and Industry (LCCI), the Secretary to the Federal Government, Mr Boss Mustapha, said farmers/herders clashes, communal clashes, militancy in the […]
The Nigerian Electricity Regulatory Commission has placed limits on estimated bills that can be issued by electricity distribution companies to unmetered customers. It said it had cancelled the Estimated Billing Methodology Regulation as a basis for computing the consumption of unmetered customers by the Discos. NERC disclosed this in its order on the capping of […]
The Southwest geo-political zone on Monday scaled a major hurdle in the establishment of its security network, Amotekun. The House of Assembly in five states – Oyo, Ondo, Ogun, Osun and Lagos – held public hearings on the proposed security outfit, thereby moving a step forward firming up a legal framework for the security architecture […]
Five persons, including two policemen, were on Monday feared killed after hundreds of protesters flooded the streets of Sagamu, Ogun State to register their anger over the death of footballer Kazeem Tiamiyu. Tiamiyu, a player with Remo Star Football Club, was killed on Saturday after policemen attached to the Zonal Intervention Squad (ZIS) arrested him […]
The United States of America Consulate in Nigeria said the immigration visa ban imposed on Nigerians by its President, Donald Trump, would be reviewed once Nigeria meets the required criteria. The US Government had on January 31 announced the new visa regime, which involved the suspension of the issuance of immigrant visas to Nigerian passport […]
The Ogun State Government says it will soon begin to revive some of its major old towns by giving such places a facelift. The state government noted that this was in a bid to make a change in the landscape to meet international standards and also make such places investment-friendly. The Commissioner for Physical Planning […]
GOVERNORS are worried about the depletion of the Excess Crude Account (ECA) and the resurgence of insecurity especially the upsurge of Boko Haram attacks, it was learnt at the weekend. Also of concern to the states helmsmen is the reluctance of the Federal Government to tinker with the revenue allocation formula which they believe is […]