Business and Economy
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SPDC JV’s Afam VI power plant secures licence for another 10 years
The Nigeria Electricity Regulatory Commission has renewed the power generation licence for Afam VI Power Plant, a 650MW-capacity facility that…
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Dangote commissions $500M Congo plant on Thursday
By Oluwafunke Ishola Dangote Cement would on Thursday in Congo commission its 1.5 million metric tonnes per annum capacity…
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Shell Companies emerge best in sustainability innovation in Africa
Shell Companies in Nigeria (SCiN) have emerged the 2017 Best Nigerian companies in Sustainability Innovation in Africa, beating two…
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Lagos seals 18 Hotels, Event Centres over N91m tax evasion
The Lagos State Internal Revenue Service (LIRS) has shut 13 hotels, restaurants and event centers for failure to pay their…
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Ondo Governor commends BPE
Ondo State Governor, Arakunrin Oluwarotimi Akeredolu, has commended the Bureau of Public Enterprises (BPE) for its reform and privatization transactions…
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Zenith Bank to spend N322m to reconstruct Ajose Adeogun Street
By Raji Rasak Zenith Bank says it will spend N322 million to reconstruct Ajose Adeogun Street on Victoria Island,…
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Skye Bank Xmas Savings Promo: New Millionaire to emerge
Riding on the momentum of the successful execution of the previous promotion campaign of its flagship retail promo, Reach for…
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Oracle CEO, Team visits Skye Bank
Chet Kamat, Managing Director/CEO, Oracle Financial Services led a Team of top execs of the global tech giant on a…
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Access Bank establishes platform to boost innovation
By Florence Onuegbu Access Bank has established the Africa Fintech Foundry (AFF) as part of efforts to boost innovation in…
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NNPC reviews Corporate Governance to create fraud proof system
The Management of the Nigerian National Petroleum Corporation (NNPC) is executing a major restructuring of its corporate governance framework to…
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Ebonyi as key player in Zero Hunger project – A News Analysis by Obike Ukoh, News Agency of Nigeria (NAN)
Before the creation of Ebonyi on Oct. 1, 1996, the geographical entity that made up the area was known…
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DMO publishes Total Public Debt Stock as at September 30, 2017
The Total Public Debt Stock, comprising the Federal Government, States and Federal Capital Territory, stood at N20.373 trillion as at September…
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Naira remains strong as CBN pumps in $195m
The Central Bank of Nigeria, CBN, has continued its sustenance of FOREX liquidity by injecting another $195 million into the…
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SEC decries low enrollment of investors to e-dividend payment platform
By Chinyere Joel-Nwokeoma The Securities and Exchange Commission (SEC) on Monday decried low investors enrollment to the e-dividend payment platform…
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Ministry invests N700m on IT infrastructure, human capital, civil works, not website
The Ministry of Mines and Steel Development has expressed concern over news making the rounds, especially on the social…
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Tax: Lagos moves to shut down headquarters of defaulting companies …Gives Monday deadline to remit all outstanding payments
The Lagos State Government on Sunday said it will commence the process of shutting down the corporate headquarters of organisations…
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Economic Summit: Ekweremadu lauds unity among South-East Govs
By Felix Nwadioha The Deputy Senate President, Sen. Ike Ekweremadu, on Saturday commended the South-East Governors for their synergy in…
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NNPC pledges to promote home-grown technology
By Yetunde Bada The Nigerian National Petroleum Corporation (NNPC) has pledged to promote the development and commercialisation of home-grown technology…
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Tambuwal commends FG on economic diversification
Governor Aminu Waziri Tambuwal has commended the Federal Government’s drive to diversify the country’s economy, saying the move will have…
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FG moves to consolidate ease of doing business in mining sector. ….As Ministry unveils integrated automated GIS Web Portal
The Federal Government, on Thursday took another bold step in consolidating ease of doing business in the mining sector with…
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Airtel excites customers with 10x bonus in SmartRecharge offer
Leading telecommunications services provider, Airtel Nigeria, is promoting freedom and bonding among friends and family this season with the…
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OML 29 is not for sale – Aiteo Group
For the record, OML 29 was indisputably, legitimately and transparently secured in an internationally conducted divestment by the private…
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CBN expands Anchor Borrowers’ Programme … Targets additional 2m tonnes from 300,000 Rice Farmers
The Central Bank of Nigeria (CBN) has formed strategic partnerships with agricultural commodity associations in the country in its effort…
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FG kicks against Moody’s downgrade, Says economy on the rebound
The Federal Government has disagreed with the latest Moody’s downgrade of Nigeria from a B1 stable to B2, saying…
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Agge Deep Seaport: Maritime activities kick off in 2020, says Dickson …Inaugurates project implementation c’ttee
Bayelsa State Governor, Henry Seriake Dickson, in Yenagoa on Wednesday assured prospective investors that, some levels of port activity would…
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