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Business

Gov Ambode mourns passage of former minister, Olubi

Lagos State Governor, Mr. Akinwunmi Ambode on Sunday expressed shock and sadness over the death of foremost accountant and a…

Nigerian editors worry over kidnapping

The Nigerian Guild of Editors, NGE, has expressed concern over the upsurge of Kidnapping in the country. In a communique…
MACBAN alleges that killings of innocent herders by a vigilance group is going on in Sokoto State with 16 lives lost so far.

Fulani herdsmen and Nigeria’s survival

If there was any time when President Buhari would see the atrocities of the marauding Fulani herdsmen as a national…

Obaseki approves 50% waivers for tax defaulters

Governor Godwin Obaseki of Edo State has approved a 50 percent waivers for tax defaulters in the State. The moratorium…
Minister Abubakar Malami says President Buhari's administration has achieved significant success in its fight against corruption

Recovered loot: SERAP wants AGF sent to prison

Socio-Economic Rights and Accountability Project (SERAP) has commenced committal to prison hearings against the Federal Government. SERAP wants Mr. Abubakar…

Lagos to float N60bn bond this month

Kazeem Ugbodaga The Lagos State Government says it is set to go to the capital market to float a bond…
Court orders CBN to release N82bn to Akwa Ibom communities

CBN denies reports of allocation of dollars

The Central Bank of Nigeria (CBN) has denied reports from some quarters that it allocates dollars unilaterally. A statement by…

$29.9bn loan: Presidency replies Emir Sanusi

The Presidency has said that the proposed external borrowing of 29.9 billion dollars by the government is meant for the…

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…
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