Business and Economy
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Presidency disowns ICPC fugitive, Yau Kumo; Says he’s not Buhari’s in-law
The Nigerian Presidency has disowned Gimba Yau Kumo, a former Managing Director of the Federal Mortgage Bank of Nigeria, who…
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NCDMB holds virtual oil, gas opportunity fair May 25-26 2021
By Solomon Asowata Lagos, May 11,2021 The Nigerian Content Development and Monitoring Board (NCDMB) says it will showcase opportunities in…
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President Buhari’s in-law, Yau Kumo, declared wanted over alleged $65 million fraud
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has declared Gimba Yau Kumo, son-in-law of President Muhammadu Buhari,…
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I did not breach NPA rules, exempt Dangote from statutory charges – Bala Usman
Suspended Managing Director of the Nigerian Ports Authority (NPA), Hadiza Bala Usman, on Tuesday dismissed media reports ( not included) suggesting…
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Osinbajo lauds SecureID for pioneering smart card manufacturing in Nigeria
By Funmilola Gboteku Lagos, May 11,2020 The Vice President, Prof. Yemi Osinbajo, has commended SecureID Limited, an indigenous smart card…
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Coastline terminals: Dangote Group does not own, not affiliated with ICTSI – Chiejina
The Dangote Group of Companies has dismissed an online news report that linked it to International Container Terminal Services Inc. (ICTSI),…
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Amaechi inaugurates 11-member committee to probe activities of NPA
By Lucy Ogalue Abuja, May 10, 2021 The Minister of Transportation, Rotimi Amaechi, has inaugurated an 11-member committee to investigate…
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With a Covid-19 vaccine patent waiver likely, time to rethink global intellectual property rules By Professor Ruth L. Okediji
Ruth L. Okediji is the Jeremiah Smith Jr. Professor of Law at Harvard Law School. On Wednesday May 5, the…
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Port Harcourt Refinery Rehab: We can’t afford to fail – NNPC … Says Project to generate 3,000 jobs as construction work kicks off
The Nigerian National Petroleum Corporation (NNPC) has kicked off construction work in the Port Harcourt Refinery rehabilitation project with a…
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Buhari suspends MD of NPA, Hadiza Usman; Approves Panel of Inquiry
By Ismaila Chafe Abuja, May 7, 2021 President Muhammadu Buhari has approved the recommendation of the Ministry of Transportation under…
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Emefiele woos youths to embrace agriculture …Vows to resist importation of maize in Nigeria
KATSINA The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele has urged youths in Nigeria to embrace agriculture, declaring…
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Nestlé Nigeria announces impressive Q1 2021 financial results
Nestlé Nigeria PLC has announced its financial results for the first quarter of 2021, ending 31 March 2021. The company…
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Dangote Cement, major contributor to Senegal’s economic devt, says Envoy
Dangote Cement Plc’s huge investment has been described as one of the major contributors to the development of the Senegalese…
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Nigeria, Microsoft partner to digitally upskill 5mln Nigerians in 3 years, says Osinbajo
By Chijioke Okoronkwo Abuja, May 3, 2021 Vice President Yemi Osinbajo says Nigeria is to partner tech giant, Microsoft…
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Despite headwinds, Zenith Bank’s profit after tax rises by 5% in Q1 2021
In a clear demonstration of its resilience, Zenith Bank Plc has announced its unaudited results for the first quarter ended…
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Fidelity Bank targets Tier 1 by 2025 – Onyeali-Ikpe
By Chinyere Joel-Nwokeoma Lagos, April 30, 2021 The Managing Director of Fidelity Bank Plc, Mrs Nneka Onyeali-Ikpe, said that the…
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Revenue projection in letter to AGF not reflection of our financial standing – NNPC
…Pledges to optimize cost, boost remittance to FAAC The Nigerian National Petroleum Corporation (NNPC) has clarified that the revenue projection…
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CBN sacks Awosika, Otudeko, appoints new board for First Bank Board
By Kadiri Abdulrahman Abuja, April 29, 2021 The Central Bank of Nigeria (CBN) has approved the appointment of Tunde Hassan-Odukale…
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Nestle inaugurates 3rd WASH facility in Ogun
By Okuanwan Offiong Lagos, April 28, 2021 Nestlé Nigeria on Wednesday commissioned an additional Water and Sanitation project at Salvation…
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Whistle blower petitions EFCC over fraud in Maritime Academy of Nigeria, Oron
A whistle blower in Maritime Academy of Nigeria (MAN) Oron in Akwa Ibom State, has petitioned the Economic and Financial…
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Apple devices now available to shoppers on Konga
Konga, Nigeria’s leading composite e-Commerce giant, is now a prime destination for the best deals in the market on all…
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Emefiele tasks varsities, Nigerian youth on Agriculture
…Bags FUAM Honorary Doctorate in Agripreneurship MAKURDI – The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele has again…
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President Buhari restores ownership of OML 123, others to NNPC
In line with the current administration’s commitment to the rule of law, fairness and enabling a stable business climate for…
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ADITOP hails NNPC’s downstream strides
A group of petroleum tanker owners in Nigeria under the auspices of the Association of Distributors and Transporters of Petroleum…
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OML 143: NNPC, SEEPCO sign Gas Development Agreement to unlock 1.2TCF
The gas development and commercialization programme of the Nigerian National Petroleum Corporation (NNPC) received a boost Thursday with the execution…
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