Latest Nigeria Business News
The Department of Petroleum Resources has suspended the processing of applications for approval to construct and license the operation of filling stations within 20km along Nigeria’s border areas. It also warned suppliers of petroleum products to areas within 20km along the borders to suspend it or face the wrath of the law. The Head, Public […]
The Comptroller-General of Customs, Hameed Ali, has said that the decision to suspend the supply of petrol to communities at the border was taken to check the smuggling of the product. Ali said this at the 2020 budget defence before the House of Representatives Committee on Customs. The Customs boss said the majority of those […]
Playwright and critic, Prof Wole Soyinka, has called on the civil society groups to unite and defend the rule of law and fundamental human rights. Soyinka stated this in a statement titled ‘Sowore, human rights and the rule of law’ following the Federal Government’s refusal to release the detained publisher of an online news medium, […]
There was confusion in Benin, the Edo State capital, on Tuesday, as the state chapter of the All Progressives Congress announced the suspension of its chairman, Anselm Ojezua. Shortly after the announcement, another message emerged from the Government House announcing the removal of the state secretary, Lawrence Okah and the suspension of the party’s National […]
The International Air Transport Association has asked the Nigerian government and other governments in Africa to address charges being slammed on airlines. The IATA stated that airlines in the region were burdened by excessive charges, which accounted for 11.4 per cent of their operating costs. “User charges are excessive. They account for 11.4 per cent […]
President of the Africa Export-Import Bank, Prof Benedict Oramah, has urged Nigeria and other African countries to deploy technology in monitoring their borders. Oramah spoke at the second edition of the African Investment Forum, which opened in Johannesburg, South Africa, on Monday. Answering a question on the relevance of African Continental Free Trade Area with […]
Harsh business environment in Nigeria forced about 322 organised private companies to close shop between 2009 and 2014, a report by the World Bank Enterprise Survey has shown. The report also said out of 5,833 firms sampled in the country within the period, at least1,136 were reported to be at the risk of closing down. […]
President Muhammadu Buhari has sent a congratulatory message to the new Catholic Archbishop of the Abuja Archdiocese, Ignatius Kaigama. Kaigama, who was named by the Catholic Pontiff, Pope Francis, replaced John Cardinal Onaiyekan. Onaiyekan has retired from service. “As the immediate past President of Catholic Bishops Conference of Nigeria, a former Archbishop of Jos, former […]
President Muhammadu Buhari has congratulated the Serving Overseer of the Latter Rain Assembly, Pastor Tunde Bakare, who clocks 65 on Monday (today). The News Agency of Nigeria reported that the President’s congratulatory message was conveyed through a statement by his Special Adviser on Media and Publicity, Mr Femi Adesina, in Abuja on Sunday. Adesina quoted the President […]
The Edo State Governor, Mr Godwin Obaseki, has said he is ready to pay the ultimate price in the service of the people of the state. He said as long as the mandate of the governor was given to him by God for the service of the people, the state was worth dying for. The […]