Latest Nigeria Business News
Almost 200 people are feared to have died in two Mediterranean Sea migrant shipwrecks during the weekend, according to reports on Monday. The International Organisation for Migration, IOM, in Libya said that seven people were rescued off the north-western city of Zawiya, and one of them said 113 others were missing. The information was posted […]
Former Minister of Education, Oby Ezekweisili, has faulted the Presidency over the handling of information issued to the public on the health status of President Muhammadu Buhari. The former World Bank Vice President for Africa, stated that the poor public messaging from the presidency regarding Buhari’s health signals uncertainty, especially to potential foreign investors interested […]
Oil magnate and chairman of Capital Oil and Gas Limited, Ifeanyi Ubah, has been arrested by the Department of State Services, DSS. The department made this disclosure on Saturday in a statement by its spokesman, Tony Opuiyo. Opuiyo said the former guber aspirant in Anambra State was arrested on Friday in connection with the theft […]
The United Nations Development Program (UNDP) on Friday expressed worry that attacks by Boko Haram have continued to slow down its operation in northeast Nigeria where it plans to spend $4 million this year. The UN body said it had secured donations from its development partners and planned to spend the money on humanitarian activities […]
Over the years, Small and Medium Enterprises, SMEs, have become sources of employment for Nigeria’s teeming population of unemployed youth. While successive governments have been unable to tackle the problem of unemployment, many Nigerian graduates who choose to embrace entrepreneurship for survival still face numerous institutional challenges in their struggle to create wealth and opportunities, […]
Children in Northeast Nigeria continue to be brutalized as a result of Boko Haram’s insurgency in the region and the ensuing conflict, a UN report released on Thursday has said. The ‘Report of the Secretary-General on Children and Armed Conflict in Nigeria’, documented the impact on children of the severe deterioration of the security and […]
U.S. House Republicans on Thursday narrowly approved a sweeping health care bill aimed at fulfilling their campaign promise to overturn the Affordable Care Act known as ‘ObamaCare. The repeal came after the House Speaker Paul Ryan withdrew the bill in March following impending defeat over failure to get enough Republicans votes, particularly, the Freedom Caucus, […]
The visit of President Mahamadou Issoufou of Niger Republic to President Muhammadu Buhari scheduled for Friday has been postponed indefinitely. The rescheduling, according to a statement by Mr. Buhari’s spokesperson, Femi Adesina, late on Thursday is at the instance of Mr. Issoufou who has another domestic engagement. “All arrangements had been concluded for President Buhari […]
The Sultan of Sokoto, Sa’ad Abubakar, has urged Nigerian leaders to learn from the mistakes of the past to move the nation forward. The monarch said the leaders must ensure Nigeria does not experience another civil war. “As a nation, we have gone through and surmounted the worst of all, a civil war. I think […]
Three suicide bombers who attempted to attack a military outpost in Maiduguri, Borno State, were killed on Wednesday night, an official has said. The three female teenage suicide bombers attempted to attack a military outpost popularly known as “Gontanamo” along muna garage at about 10:05 p.m. After being sighted by the troops in their attempt […]