Business and Economy
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Court fixes Oct. 29 to hear suit challenging allowances of lawmakers
By Sandra Umeh A Federal High Court in Lagos on Tuesday, ordered that hearing notices be issued and served on…
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NNPC targets 1bn crude oil reserves yearly – Baru
By Yunus Yusuf Dr Maikanti Baru, the Group Managing Director of Nigerian National Petroleum Corporation (NNPC) said the corporation would…
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N5.4trn debt: AMCON to seize assets of debtors, says negotiation time over
By Ifeanyi Nwoko The Assets Management Company of Nigeria (AMCON) has said that there will be no more room for…
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SAS urges organizations to embrace Analytics and Artificial Intelligence
In a rapidly changing business environment, businesses are under pressure to not only comply with constantly changing regulations but also…
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FOREX: CBN boosts Retail Segment with $318.73m
Customers in the retail segment of the Nigerian inter-bank foreign exchange market received a $318.73m boost from the Central Bank…
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Adeosun gives reasons for FAAC deadlock
By Folasade Folarin The Minister for Finance, Mrs Kemi Adeosun, says the Federation Accounts Allocation Meeting (FAAC) ended in…
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Only 350 Nigerians responsible for 80% of N5.4trn debt; It must be recovered, whether the debtors like it or not – AMCON
By Ifeanyi Nwoko The Asset Management Corporation of Nigeria (AMCON), says that only 350 Nigerians are responsible for more than…
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Max Air joins Nigerian domestic market
By Sumaila Ogbaje The owners of Max Air Limited have concluded plans to venture into the Nigerian domestic air…
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European Investment Bank plans €700m investment in Nigeria – official
By Isaac Aregbesola Ms Isabelle Grunderbeeck, the Regional Representative for West Africa of European Investment Bank (EIB), says the…
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NCC determines to provide quality service to subscribers – Danbatta
By Constance Imasuen Prof. Umar Danbatta, Executive Vice-Chairman of Nigerian Communications Commission (NCC), on Monday, said the commission was…
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FIRS contributed more than N4Trn to 2018 Budget – Fowler
Chairman of the Federal Inland Revenue Service (FIRS), Mr. Tunde Fowler, has said that of the N9.3 trillion 2018 federal…
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OPEC, Non-OPEC countries agree to 1m bpd boost in oil output
By Racheal Ishaya Russia and other non-members of Organisation of Petroleum Exporting Countries (OPEC) have agreed to join OPEC in…
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2018 Budget: South East senators express shock over reported cuts
By Cecilia Ijuo The South East Senate Caucus has expressed shock over reported cut in the 2018 budget…
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Dangote pays 90% of net profits as dividend …Delights shareholders with N10.50 per share payout
Shareholders of Dangote Cement on Wednesday at the company’s 9th Annual General Meeting (AGM), held in Lagos were full of…
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Buhari’s budget concerns: NASS is not wrong; We’re waiting for supplementary appropriation – legislators
By Donald Ugwu The Deputy Majority Leader in the Senate, Alhaji Bala Ibn Na’allah, on Wednesday said that the National…
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Fidelity Bank inaugurates keyboards payment solution
By Chinyere Joel-Nwokeoma Fidelity Bank Plc has inaugurated an innovative solution, tagged “Flashkey”, designed primarily to allow customers send…
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Shell tasks contractors over safety, rewards champions
Vice President of Shell Companies in Nigeria (SCiN) and Gabon, Peter Costello, has charged contractors working for and with Shell…
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SERAP asks court to compel Fashola to account for spending on power
Socio-Economic Rights and Accountability Project (SERAP) has sued the Minister of Power, Works and Housing Mr Babatunde Fashola SAN over…
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Fidelity Bank partners NGOs to create awareness about Sickle Cell Disorder in Lagos
By Esenvosa Izah A Coalition of Sickle Cell Non-Governmental Organisations (NGOs) in partnership with Fidelity Bank on Saturday in Lagos…
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Bayelsa govt. says will complete Cargo Airport by August
By Christian Ogbonna The Bayelsa Government on Saturday said its ongoing multi-billion naira Cargo Airport Project would be completed by…
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FG to execute projects across the country to entrench justice, equity and fair play
The Federal Government will continue to execute projects across the country which demonstrates the sincerity of purpose of the Buhari…
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Dangote emerges as the most admired African brand
Dangote Group, from Nigeria has emerged as the most admired African brand, of African continent origin, by consumers ahead of…
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Power-solutions theme draws largest-ever entries in NLNG’s Science Prize
For the first time in the history of The Nigeria Prize for Science, sponsored by Nigeria LNG Limited (NLNG), the…
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Amaechi says contractors need N100bn to complete East-West road project
By Taiye Elebiyo-Edeni The Minister of Transportation, Rotimi Amaechi has said that N100billion would be needed by the contractors…
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There must be deliberate efforts to correct misconceptions concerning privatisation, commercialisation programme – Lai Mohammed
The Minister of Information and Culture, Alhaji Lai Mohammed has decried the misconceptions on the Federal Government’s Privatisation and Commercialisation…
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