Business
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198Adeosun: FG Has Released N1.248tn for Capital Spending from 2017 Budget
• Saves N68bn on personnel cost, recovers N7.8bn, $378m, £27,800 through whistle blowing The federal government wednesday in Abuja said it had...
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205AU Summit Prepared to Sign Free Trade Treaty without Nigeria
• MAN urges FG to renegotiate terms African Union (AU) chairperson Paul Kagame Tuesday gave a strong indication that member states would...
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185N1tn debt’ll cause shutdown of power plants – Gencos
Electricity generation companies have said they are not planning to disrupt power supply in the country but that their inability to pay...
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179CBN sustains foreign exchange market liquidity with $210m
The Central Bank of Nigeria (CBN), on Monday injected 210 million dollars into the inter-bank Foreign Exchange Market, in its bid to...
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247Stanbic IBTC offers youth practical lessons on financial knowledge
Stanbic IBTC Bank, a member of Stanbic IBTC Holdings PLC, has raised the bar in financial literacy education while commemorating this year’s...
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213Land Use Charge: OPS, landlords seek more reliefs despite Ambode’s concession
As the public awaits measured response from the critical stakeholders to the Lagos State Land Use Charge (LUC) reduction by Governor Akinwunmi Ambode,...
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249Julius Berger reverses loses, posts N2.57bn in 2017, Offers N0.25 dividend
CONSTRUCTION giant, Julius Berger Plc in its financial statements for the year ended December 2017 has indicated its return to profitability having...
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323Bank customers reduces despite CBN’s campaign for financial inclusion
Bank customers reduces despite CBN’s campaign for financial inclusion Despite Central Bank of Nigeria’s (CBN) effort to promote financial inclusion, the Nigeria Inter-Bank...
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242Falana: NNPC wrong to reject my request on disgraceful importation of fuel
Femi Falana, human rights lawyer, has criticised the Nigerian National Petroleum Corporation (NNPC) for rejecting a request to provide information on the amount...
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181Nigeria to Prune Local Borrowing With Debt at $61 Billion
Nigeria is reducing its domestic borrowing after government debt reached 22 trillion naira ($61 billion) in 2017, with most of it made...
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176Nigeria inflation at 11-month low on slowing food price gains
Annual inflation in Nigeria fell to its lowest level in almost a year in February and slowed for a 13th month in...
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200Dangote Academy trains, employ 700 engineers
With the induction of 100 new students at Obajana, Kogi State recently, the Dangote Academy has now trained over 700 engineers and...
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214Oil price rises towards $70 on reduced U.S. drilling activity, booming job market
Oil markets climbed on Monday on the back of a drop in the number of United States rigs drilling for more production...
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176N90m loan: Micro tax firm accuses bank of sabotage
Elizabeth and Esther, a micro tax collection consultant with Lagos State government, entered a N90 million loan agreement with Fortis Microfinance Bank...
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228NPA should decentralise operations to end gridlocks in Apapa Port – NUPENG
The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has advised Nigerian Ports Authority to extend operations to other locations to...
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241SON calls for local control of soft drinks content
The Director-General, Standards Organisation of Nigeria (SON), Mr Osita Aboloma, has said that there is a need for Nigeria to generate data...
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181NDIC decries ‘high incidence of fraud’ involving bank staff
Nigeria Deposit Insurance Corporation says the number of fraud cases attributed to internal abuse by staff of banks increased from 231 in...
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176‘No going back on concession of Ajaokuta plant’ — FG dares Reps
The federal government says it will no longer spend a dime on Ajaokuta steel plant located in Kogi state. Kayode Fayemi, minister...
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249DPR seals illegal, adulterated diesel retail outlet operator in Lagos
The Department of Petroleum Resources (DPR) on Wednesday sealed Al-Ihsan oil and gas Nigeria Limited, in Ajah, Lagos over illegal operations and...
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273BoI disburses N20.5bn to 346 female entrepreneurs
The Bank of Industry (BoI) said on Thursday that it disbursed over N20.5 billion in 2017 to 346 enterprises owned by women....
