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Business

Sanwo-Olu makes crucial appointment for LASAA

Lagos State Governor, Mr. Babajide Sanwo-Olu has appointed Prince Adedamola Docemo as the new Managing Director of the Lagos State…

Buhari seeks Senate’s confirmation of new FIRS chairman

The Senate on Tuesday received a formal request from President Muhammadu Buhari for the confirmation of Muhammad Mamman Nami as…

Senate considers bill to address food security problems in Nigeria

The Senate on Tuesday commenced legislative action to address the country’s food security problems when it considered a Bill to…
Power outage

DisCos revenue collection increases by N43bn

The Electricity Distribution Companies (DisCos) say their revenue has increased by N43 billion in the last one year.

Buhari sacks Banire as AMCON Chairman, appoints replacement

President Muhammadu Buhari has sacked Dr. Muiz Banire as Chairman of the Asset Management Corporation of Nigeria, AMCON, and appointed…

Huawei delays Harmony OS for phones, tablets, computers

Chinese tech giant Huawei Technologies says it is not in a hurry to deploy its Harmony operating system on its…

ECOWAS leaders set to meet on single currency

Presidents of Economic Community of West African States (ECOWAS) are to meet on December 21 in Abuja to consider recommendations…

Adesina wins African of the Year award

African Development Bank President Dr Akinwumi Adesina received the African of the Year Award from the All Africa Business Leaders…
Court orders CBN to release N82bn to Akwa Ibom communities

CBN appoints new director

The Central Bank of Nigeria (CBN) has appointed Ahmed Bello Umar as the new Director, Currency Operations.

Shell blocks enforcement of $516m oil spill claims by Ogoni community

A Judge in London on Thursday overturned an attempt by lawyers to a Nigerian community to carry over a 2010…

UK Fraud Office probes Glencore for bribery

The world's largest commodities trader, Glencore Plc is being investigated for bribery by the UK Serious Fraud Office.

Stanbic IBTC attracts highest capital inflow into Nigeria for third quarter of 2019

Stanbic IBTC Bank PLC, a subsidiary of Stanbic IBTC Holdings PLC, has emerged as the financial institution that attracted the…

Ecobank Nigeria gets applause for supporting Young Entrepreneurs

Ecobank Nigeria has been commended for supporting budding entrepreneurs and small and medium enterprises (SMEs) in the country.
Ifeanyi Ubah

Ifeanyi Ubah’s N135b fraud case adjourned till 2020

A Federal High Court in Lagos on Wednesday adjourned until Feb. 13, 2020, trial of the Chairman of Capital Oil…

Aiteo loses $240m crude to thieves

Aiteo Eastern Exploration and Production, operators of OML 29, said the activities of oil thieves have assumed alarming proportions, leading…
PoS (Point of Sale) transaction

POS Stamp Duty: ‘You are rubbishing cashless policy’ – Group tells FG

The Women’s Research and Documentation Centre (WORDOC), Institute of African Studies, University of Ibadan, declared that the introduction of N50…

Larry Page, Sergey Grin Google co-founders resign from Alphabet

Google co-founders Larry Page and Sergey Brin, have decided to step aside from control of their parent company, Alphabet. They…

Bad News for Nigeria, OPEC: Oil prices could fall to $40 in 2020

It's bad news for Nigeria and other OPEC countries and Russia as they meet in Vienna on 5 December to…

Nigeria among top 20 countries affected by Spam Calls, SMS globally

Once again, Nigeria is one of the top 20 countries affected by spam calls and SMSes globally, a recent report…

Abiodun proposes N449.97 billion budget for 2020

Ogun State Governor, Prince Dapo Abiodun on Tuesday presented a budget proposal of N449.974 billion to the State House of…

Nigerian court orders detention of Emirates plane over $22K debt

A Federal High Court sitting in Lagos has ordered the detention in Lagos of an Airbus aircraft belonging to Emirates…

Keystone Bank boosts workplace engagement, productivity

In demonstration of its commitment to promoting fitness, healthy living, fostering effective and healthy workplace collaboration among its staff and…
Ecobank

Ecobank, Standard Chartered lead in capital importation to Nigeria

National Bureau of Statistics (NBS) says Ecobank Nigeria and the local unit of Standard Chartered Bank have joined Stanbic IBTC…

Chevron puts stake in 2 Nigerian oil blocks for sale

A Chevron spokesman said the oil giant has launched the sale of its stakes in two Nigerian offshore oil and…
DBN partners GAIN to empower 350 Nigerian women entrepreneurs

DBN holds Workshop for Executives of Micro-finance Banks

The Development Bank of Nigeria as part of its advocacy initiative has held a capacity-building programme on Environmental & Social…

Omokore, Diezani &co: Evidence roadblock cleared, trial resumes 2020

The trial of the Chairman of Atlantic Energy Brass Development, Jide Omokore and his accomplices will continue between January 27…

Equatorial Guinea, Vitol sign agreement to develop gas megahub

The Ministry of Mines and Hydrocarbons of Equatorial Guinea and Vitol have signed a Strategic partnership and Cooperation Agreement as…
PenCom

Pension Fund assets close to N10trillion

The National Bureau of Statistics (NBS) said the Pension Asset and RSA Membership Data of third quarter 2019 reflected that…

Border closure presents opportunities for agric investment

A leading livestock feeds miller, Mr Austin Dalyop, has said that the land border closure provides an opportunity for Nigerians…

Access Bank introduces free banking for senior citizens

Access Bank Plc has introduced a special account designed to provide Nigerians age 60 and above with free financial and…
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