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Business

Trump appoints Nigeria’s Ogunlesi member of economic team

Nigerian-born Adebayo Ogunlesi, who is the chairman of Global Infrastructure Partners, a private equity firm and one of Fortune 500…

By-Election: Ifako/Ijaiye residents resort to trekking over restrictions

Residents of Iju-Ishaga, Ogba, Agege and Ifako/Ijaiye areas on Saturday resorted to trekking due to partial road restrictions resulting into…

Patients resort to self-medication due to recession–UITH CMD

The University of Ilorin Teaching Hospital (UITH) has expressed worry that patients have resorted to self-medication due to biting economic…

Economic Recession: Abuja Carnival records poor turnout

The Abuja Carnival which began on Saturday recorded poor turnout of FCT residents due to the economic hardship in the…

14 dead, 8 houses burnt in petrol tanker fire in Niger

Fourteen persons in Tegina town in Rafi Local Government Area of Niger state, on Friday, lost their lives as a…

Deepak Khilnani outlines investment plan in Nigerian energy sector

Chairman of Cummins Cogeneration and CEO of Powergas Africa, Mr Deepak Khilnani, has reiterated the group’s confidence in the Nigerian…

Julius Berger says Lagos-Ibadan, Sagamu Interchange ready in 2 weeks

The Health and Safety Manager of Julius Berger Construction Company Plc., Mr Philip Geddes, on Friday said that the Lagos-Ibadan…

There is corruption in EFCC – Magu

Acting Chairman of the Economic and Financial Crimes Commission, EFCC, Ibrahim Magu on Friday said there is corruption in every…
FRSC Board promotes 445 officers

Reckless drivers kill 70 FRSC officials

At least, 70 officials of the Federal Road Safety Corp, FRSC, were killed this year by reckless drivers across the…

Heaps of refuse take over Enugu

Some residents in Nsukka town on Friday decried the inability of Enugu State Waste Management Agency (ESWAMA) to evacuate heaps…
Inflation

FCT traders lament low sales as Christmas approaches

Traders in some markets in the Federal Capital Territory (FCT) are lamenting the low sales they are experiencing even as…

Nigeria will come out of recession stronger in 2017— LCCI

The President, Lagos Chamber of Commerce and Industry (LCCI), Dr Nike Akande, has predicted that Nigeria will surmount its economic…

Boys outnumber girls in the world — UN report

Countries are urged to invest in girls as the majority of the world’s 10-year-olds live in developing countries, while girls…

Data tariff: Expect poor data services, telecoms operators tell consumers

The Association of Licenced Telecommunications Operators of Nigeria (ALTON) on Thursday informed consumers to expect poor data services, without the…

Lagos begins total enforcement on okada riders

Kazeem Ugbodaga The Lagos State Government says it is beginning full enforcement on okada riders from plying the restricted 475…

UBA secures $150m loan from AfDB

Nigeria’s United Bank for Africa (UBA) has secured a $150 million loan deal with the African Development Bank (AfDB) to…
CBN says old naira notes remain legal tender

Why Naira spike continues — Gwadabe

A Bureau De Change operator, Alhaji Aminu Gwadabe, has identified speculation, hoarding and increasing zero confidence of foreign investors among…

Illegal oil depot uncovered in Lagos, Police arrests 8 suspects

The Lagos State Police Command on Thursday uncovered an illegal oil depot located underneath the Oregun-Opebi Link Bridge in Onigbongbo…

Lagos flags off rent-to-own housing policy 8 Dec.

Kazeem Ugbodaga The Lagos State Government on Thursday said it will formally flag off its Rent-To-Own and Rental Housing policies…

FG audits 33 agencies

The Federal Government is set to recover about N450 billion operating surpluses that were not returned by 33 agencies from…

OPEC exempts Nigeria from 1.2mb/d production cut

After seven hours of deliberation, the Organisation of Petroleum Exporting Countries (OPEC) has agreed to reduce oil production by around…

3,000 workers lose jobs in steel sector – Union

The National Union of Iron and Steel Workers on Wednesday said 3,000 of its members lost their jobs in the…

Blackout: Ikosi residents block gate of Ikeja Electric

Residents of Ikosi, in Kosofe Local Government Area, Lagos, on Wednesday blocked the main entrance of Ikeja Electric (IE), Ikeja,…

Fire guts Lagos Chief Judge’s chambers

There was pandemonium on Wednesday at the Lagos State High Court, Igbosere, Southwest Nigeria, as fire gutted the chambers of…

Hurray! NCC suspends directive on data price floor

The Nigerian Communications Commission (NCC) on Wednesday said it has suspended any further action on the directive to introduce price…

Investor to invest N86bn in Lagos waste management

Kazeem Ugbodaga The Lagos State Government has disclosed that it has struck a deal with a renowned investor to invest…

Ondo governor-elect begs IGP to pay allowances to policemen

Governor-elect of Ondo State, Mr. Rotimi Akeredolu (SAN), has appealed to the Nigeria Police Force (NPF) to urgently pay the…

We’ll begin disbursement of N25bn ETF in December-Ambode

Lagos State Governor, Mr. Akinwunmi Ambode on Tuesday said the State Government will commence the disbursement of the N25 billion…

Lagos moves to minimise waste in public service

The Lagos State Government has moved to minimise waste, error and increase productivity in public service by engaging civil servants…

What you need to know about Ambode’s N812.99b budget

*Roads, Education, Health get huge allocation *LIRS to rake N360 billion from tax *N164.9 billion from Federal Allocation *Estimated revenue:…
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