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Business

Lagos inaugurates FADAMA Food Market in Badagry

Lagos State Government has inaugurated a new Food Market at Agbalata, in the Badagry Local Government area of the state…

Kano, Jigawa, Katsina electricity consumers owe N20billion

The Kano Electricity Distribution Company (KEDCO) said rogue electricity consumers in Jigawa, Kano and Katsina are owing it N20billion, in…
Egbin Power Station:

Gas shortage hits Nigeria’s power plants

Electricity Generation Companies (GenCos), comprising gas-fired and hydro stations said that they could not generate 3,347.5 megawatts of electricity on…
Google fined by France

Nigerian company, others win Google challenge

Ringier Africa Digital Publishing in Nigeria is one of the seven news organisations that won the Google News Initiative (GNI)…
DPR assures Nigerians of products availability during Sallah

Osun: DPR urges cooperation between IPMAN, NSCDC

The Department of Petroleum Resources (DPR) Osogbo, Field Office, has called for a harmonious relationship between the Independent Petroleum Marketers…

Nigerian Philanthropist Making a Difference -Taiwo Babatunde Alli

In the wake of economic and infrastructural challenges, some industry pioneers have come up with innovative solutions and projects, which…
NCC says it will impose appropriate sanction on internet service provider, Starlink, for increasing its subscription packages without approval.

NCC, NIPOST sign MOU on e-services

The Nigerian Communications Commission (NCC) and the Nigerian Postal Service (NIPOST) have agreed to sign a Memorandum of Understanding (MOU)…

Senate probes GSM operators over drop calls

A Senate panel on Wednesday held a public hearing to investigate telecommunications network operators in the country over increasing rate…

NOGASA introduces stickers, trust waybills

The Natural Oil and Gas Suppliers Association of Nigeria (NOGASA) has introduced anti-vandalism stickers and trust waybills for suppliers as…

Mixed reactions continue to trail border closure

Stakeholders in the Organised Private Sector (OPS) have continued to express mix reactions to the continued partial border closure by…

There’s no multiple taxation in Lagos – Sanwo-Olu

Lagos State Government has reiterated that there is currently no multiple taxation in Lagos State revenue system.

Stanbic IBTC signs agreement with Afreximbank on ₦300bn Bond Issuance 

Stanbic IBTC Capital Limited, a subsidiary of the Stanbic IBTC Holdings PLC, has established a ₦300 billion Domestic Bond Programme…

Stanbic IBTC to share insights at Social Media Week 2020

Experts from the leading end-to-end financial solutions provider, Stanbic IBTC Holdings PLC, a member of Standard Bank Group, will be…

Nigeria’s inflation rises to 12.13 percent

The Consumer Price Index, (CPI) which measures inflation increased by 12.13 percent (year-on-year) in January 2020, the National Bureau of…
Apple Inc CEO Tim Cook

Coronavirus hits Apple’s Q2 revenue

Coronavirus epidemic will negatively impact Apple's projected second quarter revenue , the US tech giant has warned, underscoring the economic…

Chanel cancels Beijing fashion show

French fashion house Chanel said Monday it was postponing a show set for May in Beijing following an outbreak of…

Adepeju Adebajo now Lumos Nigeria’s new CEO

Mrs. Adepeju Adebajo was, on 17 February, appointed by Lumos Nigeria, a solar power and off-grid energy solutions provider, as…

Verve Launches ‘Live the Good Life Campaign’

Verve, the largest domestic card scheme in Africa, recently launched a new campaign themed “Live the good life”. The campaign…

Sanwo-Olu calls for new revenue sources, sharing formula

Lagos State Governor, Babajide Sanwo-Olu has called for the creation and boosting of new sources of export in Nigeria’s bid…
Wema Bank

Contempt: Wema Bank’s MD, 6 other official must appear Tuesday – Court

There is no reprieve yet for the Wema Bank Plc and its seven officials cited for contempt, as a Federal…

US court awards $265m damages to farmer over BASF dicamba chemical

A US jury has awarded $250 million in punitive damages to a Missouri farmer who blamed herbicide from chemical giants…

Japan suffers worst economic slump in 5 years

Japan has suffered its worst quarterly GDP contraction in more than five years, with a tax hike and a deadly…

Lagos begins Eko CIty Market, to upgrade Agric Value Chains

Lagos State Government says its Eko City Farmers’ Market would upgrade the agricultural supply value chains in the State by…

Ogun Anchor Borrowers beneficiaries get account number ahead exercise

Account opening exercise for verified subscribers of Anchor Borrowers’ Programme (ABP) across the 20 Local Government Areas of the State…

New Nigerian airline Green Africa Airways orders 50 Airbus A220-300 aircraft

A new Nigerian airline, Green Africa Airways that is yet to fly any route, has made an order for 50…

Lagos shuts 16 companies over N126.19m tax evasion

The Lagos State Internal Revenue Service (LIRS) on Friday announced that it had shut 16 companies in the state over…
AfDB

AfDB clarifies Africa’s debt

The African Development Bank (AfDB) has clarified the debts incurred by Africa.

Amazon stops Microsoft’s $10billion JEDI contract

A U.S. judge on Thursday granted Amazon.com Inc’s request to temporarily halt the U.S. Department of Defense and Microsoft Corp…

FG, States, LG share N8.15trn in 2019

The Nigeria Extractive Industries Transparency Initiative (NEITI) said the Federal, States, Local Governments and other statutory recipients by the Federation…
Mr Muhammad Nami, chairman of FIRS

Tax waiver: Nigeria lost N1.3trn in 5 years – FIRS

The Federal Inland Revenue Services (FIRS) says Nigeria lost N1.3 trillion to granting of tax waivers to companies operating in…
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