Business and Economy

Governor Ugwuanyi committed to mass housing, says REDAN

The national president of the Real Estate Developers Association of Nigeria (REDAN), Rev. Ugochukwu Obiora Chime, has commended the governor…

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EFCC, Court order Heritage Bank to freeze Geonel Integrated Services’ account

Heritage Bank has said that the account of a company, Geonel Integrated Services Limited, with it has been frozen on the…

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SEC to partner foreign experts on mergers and acquisitions

The Nigerian business community is positioning to be reckoned with in mergers and acquisitions as the Securities and Exchange Commission…

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Saudi group to establish multi-million dollar agric city in Kwara North

A Saudi Investment Company, Zain Al-abdin Group is to set up an Agric City in Kwara State. The proposed Agric…

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Envoy: US to support Sokoto’s agric modernisation policies

The United States has said it will support Sokoto government’s efforts to modernise agricultural processes and implements so as to…

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Govt, Turkish investors partner to revive moribund Sokoto factory

  Sokoto government said it is partnering with investors from Turkey to revive the moribund state-owned furniture company. At its…

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Minister of State for Works, Power & Housing, Shehuri storms Enugu; Inaugurates Vyvian Estate

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Adeosun: Development Bank of Nigeria will catalyse SMEs’ growth

The Minister of Finance, Mrs. Kemi Adeosun has stated that the Development Bank of Nigeria (DBN) is being positioned to…

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Let’s partner for progress – NIMASA urges Nigerians; Dakuku Peterside seeks Global Maritime Leadership for Nigeria

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has urged Nigerians to partner…

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Economy: NBS 2016 4Th Quarter Report shows sign of recovery

  The National Bureau of Statistics (NBS) on Tuesday released the 2016 4th Quarter Gross Domestic Product (GDP) Report which…

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First Bank explains position on new CBN FX policy

First Bank Nigeria limited, lead subsidiary of FBN Holdings plc has clarified its stand on the newly introduced Central Bank…

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MPN donates N50 Million to professional bodies, NGOs in Akwa Ibom; Charges them to invest funds wisely

By Our Reporter Mobil Producing Nigeria, MPN, a subsidiary of ExxonMobil Corporation weekend, doled out over N50 million to twelve…

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Ikeja Electric urges customers to report unethical practices

 Ikeja Electric, Nigeria’s largest distribution company has launched a concerted effort aimed at curbing unethical practices across its network and…

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Zenith Bank posts 65% boost in Profit Before Tax ….Proposes N1.77 final dividend

Zenith Bank’s audited financial statement for the period ended December 31st 2016 released by the Nigerian Stock Exchange (NSE) Monday…

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NIMASA 2017 Budget targets strategic growth of Maritime industry – Dakuku; To position NIMASA as Africa’s foremost maritime Agency

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has disclosed that the Agency’s…

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Saraki’s made-in-Nigeria advocacy gets boost in Abuja

The Made-In-Nigeria Campaign of the Senate President, Dr. Abubakar Bukola Saraki, has gathered traction, as a retail industry group dedicates…

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Gov. Ugwuanyi empowers 1,200 Enugu traders yearly

Governor Ifeanyi Ugwuanyi of Enugu State Friday flagged-off an empowerment scheme in which 1,200 genuine traders of the state will…

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NDDC redeploys 11 directors

The Niger Delta Development Commission, NDDC, has redeployed 11 directors as part of its on-going reforms and restructuring to enhance…

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FG: Infrastructure development will drive economic growth, create jobs, wealth

Minister of Finance, Thursday at the United Capital launch of its Eurobond and Wealth for Women Funds, said that infrastructure…

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Nigeria seeks global support to deal with North East humanitarian challenges

The Nigerian government will be seeking global support for its effort to arrest and end the humanitarian challenges in the…

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First millionaire emerges in Skye Bank’s reward promo Season 11 draw …..as Ayangburen of Ikorodu endorses reward

One lucky customer of Skye Bank Plc., OLUSOLA OLUSEGUN EZEKIEL emerged the first winner and a Millionnaire of the draw…

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Australian envoy seeks closer ties with Enugu – As Ugwuanyi lists State’s economic potential

The Australian High Commissioner to Nigeria, Mr. Paul Lehmann, has expressed the willingness of businesses in his country to explore…

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