Business and Economy
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FAAC disburses N386bn to FG, States, LGCs in November 2016
A total sum of N386.879 billion has been disbursed as Federal Allocation for the month of November 2016 for the…
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Customs intercepts trucks loaded with foreign rice, cannabis, adulterated products
The Nigeria Customs Service, Federal Operations Unit Zone C Owerri has intercepted trucks loaded with smuggled foreign rice, adulterated petroleum…
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Merry Christmas: Ayade subsidizes prices of Rice,Tomatoes by 40% in Cross River
The Cross River State Government is subsidising prices of foodstuffs such as rice, tin tomatoes, groundnut oil and sweet corn…
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Heritage on mission to economic revival
Heritage Bank Limited is leveraging on providing excellent services to its customers. It prioritises entrepreneurship, easy access to credit and…
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Mining: Federal Government, South African Govt. endorse two-year work plan
The Minister of Mines and Steel Development, Dr Kayode Fayemi and his South African counterpart, Mr Mosebenzi Zwane (MP), on…
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Continental Reinsurance appoints Ogunshola as new chairman
Continental Reinsurance Plc has announced the appointment of Chief Ajibola Ogunshola as the new non-executive Chairman of the Board to…
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Kano State govt. donates N500 Million to victims of Sabon Gari fire disaster; To build $1.85 billion light rail project
Kano state government has donated N500 million as assistance to victims of the fire outbreak that occurred early this year,…
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Work on Sokoto’s N250m fertiliser plant begins
Construction work on a new N250m organic fertiliser plant has started in Sokoto. When completed, the factory will produce 15,000…
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Lagos residents benefit from NNPC/SNEPCo health outreach
Thousands of residents in Nigeria’s commercial capital, Lagos, benefitted from a health outreach organised by the NNPC and Shell Nigeria…
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$321m Abacha loot: FG debunks report on payment of $79m commission to Swiss Govt
Minister of Finance, Mrs Kemi Adeosun has denied reports that the Federal Government has entered into an agreement to pay…
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Mercedes-Benz holds “Artificial Intelligence” future talk in Berlin
A major focus of the recently concluded Mercedes-Benz“Future Talk” was the integration of artificial intelligence in the field of mobility…
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Union Bank secures shareholders’ approval to raise fresh N50bn via rights issue
Shareholders of Union Bank of Nigeria have approved the request of the Board of Directors to raise N50 Billion for…
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Emefiele Bags Lifetime Award for Banking, Finance & National Development
The Institute for Service Excellence and Good Governance (ISEGG) has conferred on the Governor, Central Bank of Nigeria (CBN),…
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A Heritage Of Performance By James Ume
The story of the spirit of Heritage Bank varies in a positive way just as the conclusion by a vast…
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FirstBank drives economy via agricultural value chain …Partners Eventful Ltd. to inspire food business
First Bank of Nigeria Limited has reestablished its commitment to Nigeria’s economic diversification through sustained support for development of agricultural…
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LIRS gives 16-day ultimatum for payment of taxes
The Lagos State Internal Revenue Service (LIRS) has called on all taxpayers in Lagos State to be on the right…
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Banks must not charge double digit interest rates on intervention funds – CBN
Deposit money banks in Nigeria have been reminded once again that intervention funds of the Federal Government should not be…
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Udoma briefs National Assembly on Economic Plan •… Assures new plan will not end up on the shelf
The National Assembly has been asked to join forces with the Executive and ensure that the National Economic Recovery and…
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NLNG commissions $2m Engineering Laboratory at UNN
Nigeria LNG Limited (NLNG), last Tuesday, at the University of Nigeria, Nsukka (UNN) commissioned a $2 million NLNG/UNN Engineering Laboratory…
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Restoring oil production output our immediate priority – Udoma
The Minister of Budget and National Planning, Senator Udoma Udo Udoma, has said that Nigeria’s immediate priority is to get…
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FG appoints Transaction Parties for execution of Eurobond programme
The Minister of Finance, Mrs Kemi Adeosun on Wednesday at the Federal Executive Council (FEC) meeting presented a Memorandum seeking…
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DMO: Nigeria to issue N95bn bonds December 14
Nigeria plans to sell N95 billion ($302 million) worth of bonds on December 14, its last debt auction for the…
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Nigeria bans importation of vehicles through land borders
Importation of vehicles into Nigeria through the land borders has been banned by the Federal Government. The prohibition order covers…
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FG will no longer tolerate abandoned projects by NDDC contractors, Commissioner warns
By Kenny Adams Contractors who abandon projects meant for the development of the Niger-Delta, will no longer be tolerated, Akwa…
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Yudala appoints Insight Publicis as Communications Consultants
Insight Publicis, the leader in creative consultancy and customer engaging communications in Nigeria, has officially become the marketing communications consultants…
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