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Business

Malabu oil scandal: Nigerian witness punctures bribery case against ENI in Milan

A Nigerian witness, Isaac Chinonyerem Eke in a graft case involving oil contracts in Nigeria refused to confirm a key…

Lagos issues N100bn bond for infrastructure development

Governor Babajide Sanwo-Olu of Lagos State on Wednesday, signed documents for the issuance of N100.33 billion bond, which the State…

Boeing posts $636m loss, first in 20 years

Boeing reported on Wednesday its first annual loss since 1997 , as the company continues to grapple with the fallout…

US To Woo International Investors For Ogun

The United States of America Consul General to Nigeria, Claire Pierangelo, has promised to woo more American Investors to come…

Lotto turf war: Kashamu turns whistleblower for EFCC against Baba Ijebu

A lotto turf war between Chief Kessington Adebutu, popularly known as Baba Ijebu and Senator Buruji Kashamu has snowballed into…

‘Ease of Doing Business’: ACCI seeks attitudinal change by regulators

The Abuja Chamber of Commerce and Industry (ACCI) has called for urgent attitudinal change within the country’s regulatory bodies to…

Lagos upgrades Agricultural Supply Chain

Lagos State Government has said that it would upgrade the agricultural supply chain by connecting all the agricultural value chains…
Huawei

Britain embraces Huawei’s 5G Network, Trump’s US disappointed

Britain on Tuesday gave the green light to a limited role for Chinese telecoms giant Huawei in the country's 5G…

Middle East Media speaks on Buhari’s economic plans

Middle East Newspaper in its reviews has said Nigeria President Muhammadu Buhari with his ongoing multiple reforms is better positioned…

Amuwo Odofin residents lament gridlock caused by shipping company

Residents of Apple Junction in Amuwo Odofin area of Lagos, Southwest Nigeria, have cried out for help over the unwholesome…

Abiodun goes after foreign investors

In keeping with his promise on assumption of office in May 2019, the Ogun governor, Prince Dapo Abiodun, has continued…
RIFAN advises government on measures needed to reduce the price of rice as the commodity is becoming unaffordable for many Nigerians.

NATE to fabricate rice dryer this year

The Nigerian Association of Technologists in Engineering (NATE) said it would embark on the fabrication of rice dryer, shea butter…

Finance Act will stimulate Nigerian economy – Osinbajo

Vice-President Yemi Osinbajo on Saturday asserted that the Finance Act 2020 would stimulate the Nigerian economy and put the country…

Aquaculture a lucrative business – Iloghalu

Managing Director, Anambra State Fisheries and Aquaculture Business Development Agency (FABDA), Mr. Emeka Iloghalu, says aquaculture is a very lucrative…
NERC

DisCos lied, we didn’t direct them to decommission metres – NERC

The Nigerian Electricity Regulatory Commission (NERC) says it has not directed the decommissioning of metres by the Electricity Distribution Companies…
CBN orders banks to publish names and BVN of defaulters

CBN hikes Banks’ Cash Reserves Ratio to 27.5 percent 

Nigeria's apex bank, Central Bank of Nigeria, CBN, has increased the Cash Reserves Ratio, CRR, of banks from 22.5 per…

Cotton sector: Cotton association partners CBN

The National Cotton Association of Nigeria (NACOTAN), says it will partner with the Central Bank of Nigeria (CBN), to quickens…
Police bust 3 who allegedly stole N136.5m containers at Apapa Ports

NPA to tackle congestion at Lagos Port

Nigerian Ports Authority (NPA) on Friday revealed that measures have been put in place to tackle congestion at the Lagos…
Aliko Dangote, promises automatic employment to first class graduates of Kano University of Science and Technology

Dangote Foundation disburses N340m to Katsina women

The Aliko Dangote Foundation has begun the disbursement of N340 million empowerment grants to 34,000 women in Katsina State.

Ajagbawa assumes office as PHED Managing Director

Dr Henry Ajagbawa, a former executive director of Ecobank, has assumed duty as the new Managing Director/Chief Executive Officer, MD/CEO,…

Nestlé Nigeria relaunches Golden Morn

Nestlé Nigeria Plc on Wednesday relaunched its Golden Morn brand, a product created and produced in Nigeria by Nigerians with…

Dapo Abiodun dangles bait before investors

As part of efforts to improve the ease of doing business in Ogun State, Governor Dapo Abiodun has assured potential…
Meng Wanzhou

‘Princess of Huawei’ Meng’s US extradition hearing begins in Canada

Meng Wanzhou, the Huawei executive whose arrest in Vancouver badly strained Canada-China relations went to court on Monday to fight…

Photo News: Buhari holds bilateral meetings with World Bank, Ghanaian President

Nigeria’s President, Muhammadu Buhari has held a Bilateral meetings with World Bank, Ghanaian President, Nana Akufo-Addo at the UK-Africa Summit…

Busted: EFCC seizes N45m fake notes, arrests syndicate

Operatives of the Abuja Zonal Office of the Economic and Financial Crimes Commission, EFCC have arrested Badamasi Sule and Muhammad…
Power outage

KEDCO loses electricity worth N52 billion

The Managing Director, Kano Electricity Distribution Company (KEDCO), Alhaji Jamilu Gwamna, said the company lost energy supplied to it by…

Court urged to wind up Med View Airlines

A Petroleum distribution company Asharami Synergy Plc has filed a winding up petition before Justice Chukwujekwu Aneke of the Federal…
Judges at Federal High Court halts proceedings abruptly following notice of the demise of their colleague, Hon. Justice Fatun Odohi Riman.

Bank MD faces criminal charge for granting loan without security

A criminal charge of reckless granting of loan without adequate security has been filed against the Managing Director of Mortgages…

Nigeria targets first 70 by 2023 in business ranking

The Secretary to Government of the Federation, SGF), Mr Boss Mustapha, has revealed that Nigeria targets to secure a position…

ICEN vows to revoke certificates of non performing members

The President of Institute of Chartered Economists of Nigeria (ICEN), Prof Ejiofor Chinedum has said the institute will begin to…
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