Business and Economy
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Coal deposits in commercial quantity discovered in Sokoto
The efforts of the federal government to diversify Nigeria’s economy has received a major boost with the discovery of coal…
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Gov. Ugwuanyi presents N105b Budget to Enugu Assembly … Pledges to complete ongoing projects and commence new ones
Governor Ifeanyi Ugwuanyi of Enugu State Friday presented the 2017 budget estimates of N105,719,471,000 (one hundred and five billion, seven…
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Umahi signs Ebonyi’s 2017 budget bill
The Governor of Ebonyi State, Engr. David Nweze Umahi, has signed the 2017 appropriation bill of N127,233,074,799 and the state…
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Gov. Udom proposes N365.251 bn for 2017 fiscal year
Akwa Ibom State Governor, Mr. Udom Gabriel Emmanuel has presented a N365.251 billion budget proposal to the State House of…
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2017: Governor Abubakar presents N145.4 billion budget proposal
From: Ruth David , Bauchi Bauchi state Governor, Muhammad Abdullahi Abubakar has presented a budget proposal of 145,447,258,160 billion Naira…
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“How we spent N5b London/Paris Refund” – Gov. Ahmed
Kwara State Governor, Dr Abdulfatah Ahmed has explained how the state government expended the N5b collected from the Federal Government…
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FG secures $150m World Bank support for Mining Development – Fayemi …As ministry commissions 38 surveillance vehicles for Mines Officers
The Federal Government, through the Ministry of Mines and Steel Development, has secured $150million (N45.7 billion) support from the World…
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Re: Proposed $30bn Loan: Avoiding the Eurobond Curse
By Olutayo Isaac As an intellectual, I am inclined to appreciate the apparent hard work and research that must have…
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Senate vows to unravel how N213bn Power Intervention Fund was disbursed …To hold public hearing on poor electricity supply
Senate President, Dr. Abubakar Bukola Saraki has urged the Senate Committee on Power, Steel Development and Metallurgy to conduct a…
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Petroleum Technology Association honours Shell, SNEPCo MD
The Petroleum Technology Association (PETAN) an association of indigenous technical oilfield service companies in the upstream and downstream sectors, honoured…
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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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