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Business

You don’t need visa to visit Benin Republic – President Talon

Benin’s President Patrice Talon announced on a visit to Rwanda this week that Africans visiting his country will no longer…

Breaking: Nigeria’s economy officially goes into recession

Nigeria, one of Africa’s largest economies, has officially gone into recession. Second quarter figures showed a contraction of 2 percent,…

Nigeria, UK sign MoU on return of stolen assets

The Federal Government has signed a Memorandum of Understanding (MoU) with the British Government on the modalities for the return…

Gains of Buhari’s trip to Kenya – Presidency

The Presidency has listed the gains of President Muhammadu Buhari’s participation in the just concluded Tokyo International Conference on African…

CBN issues licence to new International Money Transfer Operators

The Central Bank of Nigeria (CBN) has issued licence to more International Money Transfer Operators (IMTOs) to operate in Nigeria.…
Minister Abubakar Malami says President Buhari's administration has achieved significant success in its fight against corruption

Nigeria, UK sign MoU on stolen assets

Nigeria has signed a Memorandum of Understanding (MoU) with the British Government on the modalities for the return of its…

Ambode appoints Anibaba as new CEO of Lotteries Board

Lagos State Governor, Mr. Akinwunmi Ambode on Tuesday approved the appointment of Mr. Seun Anibaba as the new Chief Executive…

EFCC arrests Ebonyi governor’s brother for N400m scam

The Economic and Financial Crimes Commission (EFCC) has arrested Austin Umahi, brother to the current governor of Ebonyi State, David…

Ambode moves to clean Ikoyi, Victoria Island off illegal structures, shanties

Kazeem Ugbodaga Lagos State Governor, Akinwunmi Ambode has set up a committee to clean Ikoyi, Victoria Island off illegal structures…

No prepaid meter, no payment of electricity bill, consumers threaten EKEDC

Electricity consumers in Ijeshatedo in SuruLere Local Government Area, Lagos State, have threatened not to pay their monthly electricity bills…

Breaking: Militants blow up another pipeline in Delta

Niger Delta militants have blown up another major pipeline in Delta State despite the ongoing military “Operation Crocodile Smile” in…

Apple hit with $14.6 billion tax bill

Ireland must recover up to 13 billion euros ($14.6 billion) in unpaid taxes from Apple, Europe’s top regulator ruled on…

Lawyers, judges not vultures – EFCC

Nigeria’s Economic and Financial Crimes Commission, EFCC, said Nigerian lawyers and judges ”are peopled by very many seasoned, upright members,…

Power supply restored to MMIA – FAAN

The Federal Airports Authority of Nigeria (FAAN) said on Monday that electricity supply had been fully restored to the Murtala…

Building Collapse: FHA seals premises, orders investigation

Professor Mohammed Al-Amin, Managing Director, Federal Housing Authority (FHA), says the authority has sealed the site of the collapsed building…

Presidency dismisses reported probe of Emir of Kano, Soludo

The Presidency on Monday refuted social media reports that the tenures of Emir of Kano, Dr Muhammadu Sanusi and Prof.…
Pat Utomi

Economic recession, a blessing to Nigeria – Prof. Utomi

Jethro Ibileke/Benin‎ ‎ Nigerian economist and founder of Lagos Business School, Prof. Pat Utomi, on Monday shocked many when he…

CSOs protest in Lagos over budget padding

A coalition of over 30 Civil Society Organizations, CSOs, on Monday took to the streets of Lagos to protest against…

3 men bolt with N6.5m container in Lagos

Three men, who allegedly stole a container laden with goods worth N6.5 million, were in Lagos on Monday charged before…

Ambode appoints new LIRS chairman

Lagos State Governor, Mr. Akinwunmi Ambode on Monday nominated Mr. Ayodele Hamzat Subair for confirmation by the State House of…

Indonesia, Nigeria trade volume falls to $1.75bn

The Indonesian Ambassador to Nigeria, Ambassador Harry Purwanto, said the volume of trade between Nigeria and his country reduced to…

Lagos gives 14-day ultimatum to owners of illegal structures in Ikoyi

Kazeem Ugbodaga The Lagos State Government on Sunday read the riot act to all owners of illegal structures, shanties, street…

Ambode issues ultimatum for delivery of Berger expansion projects

Kazeem Ugbodaga Lagos State Governor, Akinwunmi Ambode at the weekend issued December ultimatum to the contractor handling the multi-faceted expansion…

More money for Agriculture in 2017 – Buhari

President Muhammadu Buhari says the Federal Government will sustain concrete measures to diversify the economy by devoting more resources to…

Lagos reads riot act to land grabbers

Kazeem Ugbodaga The Lagos State Government has read the riot act to land grabbers in the state, saying it will…

Flood, windstorm kill 3-year old boy, destroy 100 houses in Sokoto

Twin disasters of flood and windstorm have led to the death of a three-year old boy, Sheriff Bashir, in Tudun-Yando…

Ebonyi governor sacks workers of state varsity

Governor David Umahi of Ebonyi State has ordered the immediate sack of some non-academic staff of the state university and…

Buhari approves NPA, NIMASA boards

President Muhammadu Buhari has approved the composition of the Governing Boards of the Nigerian Ports Authority (NPA) and the Nigerian…

4 World Bank officials drown in Ekiti dam

Four World Bank officials had reportedly drowned at Egbe Dam in Egbe Ekiti, Gbonyin Local Government Area of Ekiti State.…
First Bank staff arraigned for 'stealing' customer's money

Why we hid NNPC’s dollars, FirstBank, others explain

Some banks on Wednesday clarified their positions on the alleged suspension from the foreign exchange market transaction by the Central…
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