Business and Economy

UBA bags ISO-IEC 20000-1:2011 certification

Pan African financial services group, United Bank for Africa (UBA) Plc has earned the prestigious ISO/IEC 20000-1: 2011 certification from…

Lagos Light Rail will become functional by December – Gov. Ambode; Plans 24-hr power supply to residents in 2 yrs

Lagos State Governor, Mr. Akinwunmi Ambode, Thursday, restated his administration’s commitment to ensure that the Blue Line of the Light…

We‘re rebuilding economy from scratch – Buhari tells British MPs, led by Anambra State-born Hon. Onwurah

President Muhammadu Buhari, Tuesday, told the visiting team of British Members of Parliament (PMs) at the State House, that his…

Saraki receives Innoson Motors CEO; Drives Made-in-Nigeria car; Says it’s govt’s duty to ensure success of indigenous firms

Senate President, Dr. Abubakar Bukola Saraki has said all arms of government have a duty to ensure the success of…

DMO is the engine room of the Nigerian Economy – Hon. Ajayi, House Committee Chairman; Some of our milestones so far – DG

In line with the usual Legislative tradition, the Committee on Aids, Loans and Debt Management of the House of Representatives…

Efficiency Unit devises strategies to manage procurement costs *Says N825Bn spent on travel allowances, stationery, others in 3 years

In furtherance of its commitment to re-prioritising spending and cutting costs on recurrent expenditure, the Efficiency Unit of the Federal…

Dangote begins construction of new cement plants in Edo, Ogun; to raise production capacity to 38.25mmtpa

Dangote Cement Plc has announced the commencement of the construction of new cement plants in two communities in the Edo…

Nyesom Wike’s $150 million fairy-tale about Amaechi and APC

Former Governor Chibuike Rotimi Amaechi has challenged his successor, Governor Nyesom Wike to prove his allegation that he gave the…

Recoveries from TSA may reduce amount to be borrowed for 2016 budget – Finance Minister

KEYNOTE ADDRESS BY THE HONOURABLE MINISTER OF FINANCE, MRS. KEMI ADEOSUN ON THE OCCASION OF ONE-DAY TREASURY SINGLE ACCOUNT (TSA)…

Philip Asiodu Lecture Series debutes; Arunma Oteh delivers the first on role of oil

A group of concerned technocrats and business executives has instituted the Philip Asiodu Lecture Series (PALS) in honour of Chief…

Dwindling oil revenue: Saraki seeks positive tax culture

For visible development impact and infrastructure buoyancy, President of the Senate, Dr. Abubakar Bukola Saraki, has called on Nigerians from…

Why we need to amend Procurement Law, says Saraki; Receives Made-in-Aba Trade Fair organisers

Senate President, Dr. Abubakar Bukola Saraki has said that as a way of realising the objectives of the 2016 Budget,…

Kpojime Commission indicts 52, recommends N107 billion refund

The Justice Kpojime Commission of Inquiry into the income and expenditure of Benue State from 2007 to 2015 has recommended…

Group petitions EFCC over N117‎bn rice importation waivers fraud

A coalition, Civil Society Network against Corruption (CSNAC), has urged the Economic and Financial Crimes Commission (EFCC), to urgently set…

Saraki to NLNG: End gas flaring

Senate President, Dr. Abubakar Bukola Saraki, on Wednesday challenged the management of the Nigerian Liquified Natural Gas (NLNG) Limited to…

Group urges EFCC to investigate CBN’s $7bn loan to bankers

A coalition, Civil Society Network Against Corruption (CSNAC), has urged the Economic and Financial Crimes Commission (EFCC), to investigate a…

Dasukigate: ICC hears petition against Dasuki, Iweala, others over alleged crimes against humanity

The International Criminal Court (ICC) at The Hague has confirmed that it is considering a petition submitted to it by…

(Photonews) Senate Committee on Marine Transport on oversight visit to NIMASA