Business and Economy

Guinness Nigeria Plc denies indebtedness to Pharma Deko Plc

Guinness Nigeria Plc has denied that it is indebted to Pharma Deko Plc, and promised that its solicitors will repudiate…

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Dangote doles out N2bn to foods distributors for loyalty

Distributors of the Dangote foods companies, including Dangote Flour, Sugar and Salt smiled home Tuesday night as the management of…

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Pensions Screening: We are targeting 150,000 Federal Civil Servants to undergo verification – PTAD

By Our Reporter Pensions Transitional Arrangement Directorate, PTAD, has said that, about 150,000 retirees from the Federal Civil Service will…

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Labour rejects Ebonyi Govt’s new pension law

From Freedom Ajala, Abakaliki The leadership of the Nigerian Labour Congress (NLC), Trade Union Congress (TUC) and Joint Public Service…

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Ambode targets 3000mw 24-hr power generation for Lagos …Says FG can’t solve nation’s energy sector challenges alone …32 communities in Badagry to be connected to national grid by March

Lagos State Governor, Mr. Akinwunmi Ambode on Wednesday said the quest by the country to achieve energy security can no…

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Guinness Nigeria unveils 2016 sustainability report, outlines future goals

Nigeria’s foremost total beverage alcohol company, Guinness Nigeria Plc, has released its Sustainability Report for 2016, reporting its performance on…

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Union Bank kicks off 100th anniversary celebrations

Union Bank, one of Nigeria’s most respected financial institutions, has kicked off celebrations to mark its 100th anniversary of service…

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The rate of Naira counterfeiting is less than one per cent – CBN

The Central Bank of Nigeria, CBN,has described as ‘spurious and grossly uninformed’ a statement credited to a former official of…

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Court orders forfeiture of Yakubu’s $9.8m to FG

A Federal High Court sitting in Kano presided over by Justice Zainab B. Abubakar today ordered the forfeiture of the…

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Nigeria’s economy in the light of DMO’s interventions

By Samir Amir IT is an incontrovertible fact that among the recessions that had taken place in Nigeria, none had…

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FG is not increasing taxes, Udoma tells National Assembly

The Federal Government does not have any intention of increasing taxes but is working towards increasing its internally generated revenue…

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Fix Minna Airport to avert national embarrassment – Gov. Sani Bello

Niger State Governor, Alhaji Abubakar Sani Bello has appealed to the Federal Government to fix Minna Airport to save the…

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25,000 women to benefit from Sokoto’s N250m loan

Sokoto Governor, Aminu Waziri Tambuwal, said the state government will provide soft loans worth N250 million to 25, 000 women…

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Tambuwal signs Sokoto’s N204.3bn 2017 budget into law; Dissolves Internal Revenue Board, appoints new team

Governor Aminu Waziri Tambuwal Friday night signed into law the state’s 2017 appropriation bill of over N204.3 billion. Speaking at…

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Senate to hold public hearing on 2017 budget Monday

The 8th Senate is will on Monday hold a first-of-its-kind public hearing on the 2017 Appropriation Bill submitted to the…

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EFCC finds $9.2m in ex-NNPC GMD, Andrew Yakubu’s, home

Mr Ibrahim Magu, Acting Chairman of Economic and Financial Crimes Commission (EFCC), has told a committee of the House of…

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Establishment of Maritime University: NIMASA supports government

The Nigerian Maritime Administration and Safety Agency (NIMASA) has denied speculations and the contents of a press statement by the…

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FG to support Sokoto on grains cultivation

Minister of Agriculture and Natural Resources, Chief Audu Ogbeh has commended Sokoto state government for giving necessary attention to cultivation…

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Amaechi insists: We will close Abuja Airport runway for only six weeks; Senate to Amaechi : Withdraw your statement on loans because it’s false

Minister of Transportation, Chibuike Rotimi Amaechi has said that the Federal Government will ensure the total rehabilitation of the Abuja…

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FG to provide incentives to investors in critical sectors

The Federal Government will provide incentives and the necessary logistics support to investors whose areas of interest are in the…

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Economy Recovery Plan: Private sector operators hail stakeholders’ involvement, advice on effective implementation

Private sector operators on Monday said Federal Government’s engagement of key stakeholders in the development process of the national economy…

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Eterna Plc appoints Shehu Dikko Chairman

Eterna Plc has announced the appointment of Mr. Lamis Shehu Dikko as the Chairman of its Board of Directors. Mr.…

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Jaiz Bank will list shares on NSE

The Nigerian Stock Exchange, NSE, has confirmed the listing of Jaiz Bank, Nigeria’s only full-fledged Islamic Bank on Thursday, 9th…

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Gov.Ikpeazu meets with Leader, delegation from Shell and Land East Hub Manager, Ezugworie, others

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