Latest Nigeria Business News
Shops belonging to some clothe sellers in Lagos Island have been razed by fire, witnesses have said. The incident occurred around Broad Street, behind UBA House, Lagos Island, Tuesday morning. Traders told PREMIUM TIMES the fire started from a nearby electricity transformer, and spread into shops. Traders at the scene were seen wailing and counting […]
Justice Mojisola Olaterogun of the Lagos Division of the Federal High Court has fixed September 24 for hearing in the application by the Economic and Financial Crimes Commission, seeking a final forfeiture order of $5.8m allegedly belonging to Patience Jonathan, wife of former President Goodluck Jonathan. The adjournment came following a Court of Appeal order […]
A former Vice President of Nigeria, Atiku Abubakar, has identified the shift from regional government to a 36 state structure as one of the reasons why the country is still struggling to reach its full potential. Speaking at an event to mark his conferment as “the Hero of Nigeria Democracy” organized by the Hall of […]
The United States embassy in Nigeria has instituted a $20,000 grant in memory of Usman John-Paul, a final-year student of the University of Ilorin who died during a visit to the U.S. Mr. John-Paul drowned in a water fall on June 25, 2016 while on Mandela Washington Fellowship in the United States. The U.S embassy […]
A Court of Appeal in Lagos on Monday fixed July 5 to hear an application seeking final forfeiture of former first lady, Patience Jonathan’s $5.8 million to the Federal Government. Justice Mojisola Olatoregun of the Federal High Court, Lagos, had earlier today adjourned to September 20, a suit seeking final forfeiture to the Federal Government, […]
The African Union’s Health Ministers have urged member States to ride on the successes recorded in curtailing wild polio virus spread in the continent. These they say would be through surveillance, trained staffs and routine immunization to address other health emergency outbreaks. The ministers believed that the gains from various investments in controlling wild polio […]
It was tribute from notable personalities for the late former military governor of the old Western Region, Adeyinka Adebayo, as he was buried on Friday in his home town. Dignitaries filed in at the Oluyemi Kayode Stadium in Ado-Ekiti to pay their last respects. A 21-gun salute by local hunters in Ekiti State added colors […]
The Nigerian Army has opened a new base named after President Muhammadu Buhari at his hometown, Daura, in Katsina State. The new unit is named “Fort Muhammadu Buhari Forward Operation Base”, the army said in a statement Friday. It said the unit was set up “to further enhance security in parts of 1 Division Nigerian […]
Acting President Yemi Osinbajo, has directed the resumption of 24-hour operations at the Apapa port and outrightly banned touting by officials or unofficial persons at any port; be it air, land and sea ports in Nigeria. Mr. Osinbajo had on Thursday signed three Executive Orders dealing with the business environment, local content in public procurement […]
A co-convener of the Bring Back Our Girls (BBOG) group, Aisha Yesufu, has urged President Muhammadu Buhari to resign on health grounds. She advised the National Assembly to impeach the president if he fails to step down. “We need to take our country back, let the president resign, if he can’t resign, let the National […]