Latest Nigeria Business News
The Joint Admission and Matriculation Board on Thursday vowed not to release results of candidates identified in footages of Close Circuit Television (CCTV) to have indulged in unwholesome practices during the just-concluded Unified Tertiary Matriculation Examination (UTME). JAMB registrar, Ishaq Oloyede, who spoke as guest on a Channels Television current affairs programme, Sunrise Daily, said […]
Justice Mohammed Idris of the Federal High Court, Lagos, on Thursday ordered the release of the chairman of Capital Oil and Gas limited, Ifeanyi Ubah, held by the State Security Services for alleged “economic sabotage”. The court directed the SSS and its director general, Lawal Daura, to release Mr. Ubah from detention if no criminal […]
Prominent Lagosians and other Nigerians have lambasted those who refer to Lagos as a “No man’s land”, saying there were settlers before others came. The event was the Lagos History Lecture, held at the Eko Hotels and Suites, Victoria Island, Lagos, on Wednesday. Among those spoke at the event are Governor Akinwunmi Ambode, Oba of […]
The Nigerian National Petroleum Corporation (NNPC) has received thirty four bids submitted by companies for the digitization of legacy documents in the corporate headquarters. NNPC Spokesman, Mr. Ndu Ughamadu, said the bid opening exercise was conducted in the full glare of representatives of the bidding companies and Civil Society Organizations (CSOs) at the NNPC […]
OPEC and non-OPEC ministers are to meet for informal consultations in Vienna in a last-ditch bid to agree the duration of oil output cuts. The ministers would also seek to clear a global stocks overhang that has pulled down the price of crude. Top OPEC oil producer, Saudi Arabia, favours extending the output curbs by […]
Waheed A. Olagunju, the acting CEO and Managing Director of Bank of Industry has been honoured with this year’s African Banker Icon award by the African Banker. The award which took place in India along Africa Development Bank Annual Meeting was given to him to him in recognition of his impeccable banking career. According to […]
Sultan of Sokoto, Alhaji Sa’ad Abubakar III, has described elite Nigerians as greedy. According to him, ordinary Nigerians only needed government support to make live meaningful for themselves. He, therefore, called on the 19 northern governors to invest on the Small Scale Enterprises, to make life better for people in the region. The Sultan spoke […]
Elder statesman and former governor of Anambra State, Dr. Chukwuemeke Ezeife, has once called for the restructuring of Nigeria into six geopolitical zones. He also opined that Nigeria should go into referendum to decide if the nation will continue to remain as one or break up. Ezeife also said the Southern Peoples Assembly, SPA, will […]
The Central Bank of Nigeria, CBN, has expressed concern over the borrowing attitude of government, saying the pace has exceeded the target for the 2017 fiscal year. The CBN said this at its Monetary Policy Committee, MPC, second quarter 2017 meeting. The MPC communique reads in part: “The Committee was concerned that credit to government […]
Benue State governor has fired back at former senate president, David Mark for recently mocking him over the alleged distribution of wheelbarrows to Benue youths. Mark had while commissioning Brick House and the chapel at government house, Port Harcourt, mocked his state governor, Ortom for distributing wheelbarrows while others were busy building roads and brides. […]