BUA Group Chairman, Abdulsamad Rabiu Rejects Appointment To Tinubu's Finance Committee
The chairman of BUA Group, Abdulsamad Rabiu, has declined the nomination to join the finance committee established by the All Progressives Congress (APC). Accor
Telcos To Block Millions From Mobile Banking Over Banks Debt
Telephone companies in Nigeria have threatened to suspend USSD services over indebtedness by banks. Millions of Nigerians use the shortcode platform to access b
NERC Denies 50% Increase In Electricity Tariff
The management of the Nigerian Electricity Regulatory Commission, NERC, has denied reports that there has been a 50 per cent increase in electricity tariff. NER
Lawyers File Lawsuit Against NBC Over ‘Punitive Fines’ Against Arise TV, Channels And AIT
Some Nigerian lawyers under the aegis of Digital Rights Lawyers Initiative (DRLI), have filed a suit against the National Broadcasting Commission over the alleg
NERC Suspends Electricity Tariff Hike
The Nigerian Electricity Regulatory Commission (NERC) has directed the 11 Electricity Distribution Companies (DISCOs) in the country to suspend the September 1
Global Economy Risks $82 Trillion To COVID-19 Damage
Findings by the Centre for Risk Studies at the University of Cambridge Judge Business School has revealed that world economy may suffer as much loss as $82 tril
Banking Sector’s SANEF And Search For 40m New Identities
• Nine operators get N4.5b to onboard 90,000 agents The nation's banking sector is taking another big leap and responsibility with the Shared Agent Network Ex
LSETF’s Strategy For Business, Skills Development And Employment
Graduate, Lagos State Employability Support Project (LSESP), Obe Omolayo Halima (left); Chairman, House Committee on Wealth Creation, Shola Giwa; Deputy Governo
NIMASA Seeks Empowerment Of Local Players In Maritime Sector
The Nigerian Maritime Administration And Safety Agency (NIMASA) has resolved to promote the concept of Blue Economy, in order to encourage indigenous stakeholde
Nigeria’s Oil Export Earnings Decline 21% Amid Rising Prices
Nigeria's net oil export earnings this year (between January and July), have declined by about 21 per cent compared to 2017 performance.August 2018 data obtaine
NCRIB Tasks Government On Compulsory Cover For Construction
The Nigerian Council of Registered Insurance Brokers of Nigeria (NCRIB), has called on the Federal Government to adopt insurance policy into its housing program
Why Multinationals, IOCs Defy Listing On NSE
Efforts by the Nigerian Stock Exchange (NSE), to woo multinational companies in the telecoms, and oil and gas sectors to list on the nation's bourse may continu
Buhari To Commission $250m International Breweries In Ogun
President Muhammadu Buhari will on Tuesday, next week inaugurate the $250million state-of-the-art International Breweries in O
NIMASA Pushes For Single Data Window For Faster Economic Growth
• Says Nigerian waters no longer conducive for substandard vessels The Director General, Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuk
CBN, BoI Urge Increase In Credit Culture For SMEs
Central Bank of Nigeria's (CBN) governor Godwin Emefiele The Central Bank of Nigeria (CBN) has emphasized the need to increase credit culture in order to record
C&I Leasing’s N7b Bond To Drive Expansion, Debt Refinancing
C&I Leasing Plc has introduced that N7 billion Series I bond which opened on Monday May 21, 2018 recorded 133 per cent over subscription. The Managing Direc
Seplat’s Gas Business Contributes 27% To Total Revenue
Seplat Petroleum Development Company Plc has stated its gas business recorded $124 million revenue, representing over 27 per cent enhance to the agency's total
Arik Air Passengers Stranded
Arik Air Many passengers, including children, have been stranded at Kaduna Airport since on Tuesday, following failure of Arik Airlines to pick them as schedule
Arik Air Laments Attacks On Staff
Arik Air laments attacks on staff By Adekunle Williams /Solomon Asowata Arik Air on Thursday lamented incessant attacks by some aggrieved passengers on its staf
NEMSA Launches Probe Into Electricity Meters Failure In Households
Worried about the increasing level of complaints about electricity meters procured by distribution companies, the Nigerian Electricity Management Services Agenc