Business and Economy
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FG to release N350 billion for capital projects next week; To raise $1 billion Eurobond before end of December for capital projects
The Minister of Finance, Mrs. Kemi Adeosun has disclosed that a sum of N350 billion capital votes will be released…
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Mercedes-Benz leads Automobile Segment in first half of the year; Delivers its four-millionth SUV in strongest-selling August ever
. Mercedes-Benz in the first half of 2016 has overtaken other luxury car segments in the number of vehicles sold,…
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Zinox alerts public to blackmail from Benjamin Joseph
Our attention has been drawn to an on-going campaign of calumny by serial blackmailer, Mr. Benjamin Joseph, an indigene of…
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Ambode donates N5m to students with new biogas technology …Presents certificates to 422 graduates of RSW Internship Scheme
Lagos State Governor, Mr. Akinwunmi Ambode on Thursday donated N5 million to two students of Lagos State College Of Health…
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Ambode approves N740M compensation for Lekki Free Zone host communities …Says more to come in due course
Lagos State Governor, Mr. Akinwunmi Ambode on Thursday approved a total sum of N740,461,432.00 as compensation for host communities of…
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Ministers hold retreat on the 2017 Budget
Ministers and Heads of relevant Federal Government Departments and Agencies will, Thursday, converge at the Banquet Hall of the State…
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Fashola advocates movement of cargo by rail to save nation’s roads, says seeds of recession sown by failure of previous administration to pay contractors for two to three years
· As Minister inspects rehabilitation of access road to Apapa/Tin Can Island Port – NNPC Depot (Atlas Cove) including the…
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Access Bank is Nigeria’s Best Bank, Wigwe Bank CEO of the Year
Access Bank Plc has emerged the best bank in Nigeria for the year 2016. The announcement was made by the…
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Conoil 2015 profit rises by 176% ….Boosts shareholders dividend by 200%
The long awaited result of Conoil Nigeria plc which was released on Thursday to the Nigerian Stock Exchange (NSE), has…
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Access Bank wins CIBN’s Best Bank Academy Award
Access Bank School of Banking Excellence has won the Chartered Institute of Bankers of Nigeria (CIBN) Award for the Best…
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Federal Government not importing ‘poisonous’ rice, says Presidency
The Federal Government has described attempts by unscrupulous individuals on social media linking the government and Dangote group with a…
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Mining: Fayemi woos foreign investors with three years tax holiday, others
The Minister of Mines and Steel Development, Dr Kayode Fayemi, on Wednesday offered prospective investors in the Nigerian mining sector…
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Boko Haram: Zenith Bank gives 50 more orphans scholarships to celebrate Gov. Shettima’s birthday… Pays 9-year school fees upfront
Zenith Bank Plc has offered scholarships to another set of 50 children orphaned by Boko Haram insurgency to celebrate the…
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Amaechi delivers keynote speech on economic crime at Cambridge University symposium Says “Economic crime is global problem that can only be effectively tackled through global collaboration and partnership”
Nigeria’s Minister of Transportation, Chibuike Rotimi Amaechi has said economic crime can better be tackled if countries partner each other…
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Fayemi to address investors at ADU, Australia
The Minister of Mines and Steel Development, Dr Kayode Fayemi, will be discussing investment opportunities in the Nigerian mining sector…
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Ikeja Electric launches ‘Live Chat’ for instant response to customer complaints ….Launches “Do-It-Yourself” POS points
In line with its commitment to improve customer experience and further promote excellent service delivery, Ikeja Electric PLC, Nigeria’s largest…
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Facebook CEO visits Nairobi to see Kenyan innovation in action
Facebook CEO Mark Zuckerberg is visiting Kenya this week on his first trip to Africa, using his time in the…
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President Buhari assents to Federal Capital Territory Appropriation Act 2016
The Senior Special Assistant (SSA) to the President on National Assembly Matters, Senator (Dr) Ita Enang, has confirmed that the…
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Nigeria’s economic collapse? – Innoson Motors shuts down production over dollar scarcity
A major vehicle assembly plant in Nigeria, the Innoson Vehicle Manufacturing (IVM), is shutting production due to the harsh economy…
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Buhari’s quest for emergency economic powers By Jideofor Adibe
Since Reuters broke the news on August 22 2016 that the government would be seeking emergency powers to enable it…
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Abia development: Ikpeazu visits World Bank, seeks partnership; Meets British High Commissioner, Infrastructure Bank team
Abia State Governor, Dr Okezie Ikpeazu, has met with the Country Director of the World Bank in Nigeria, Rachid Benmessaoud,…
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Nigeria’s economy growth rate may still beat IMF prediction
As emphasis on capital expenditure by the Federal Government begins to yield positive results with investment/GDP ratio increasing, the GDP…
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