Category: Business
Nigeria may go bankrupt over rising debt – Obasanjo
Former President Olusegun Obasanjo says Nigeria risks impending bankruptcy over the accumulation of debt by the government adding that rising debt mak [...]
Puchercos to take over from Makoju as he bows out
The Group Managing Director/CEO of Dangote Cement Plc, Joseph Makoju will bow out on January 31, 2020. He will be replaced by Mr. Michel Puchercos fro [...]
Atiku rebrands his businesses, now under umbrella body, Priam Group
In a bid to centralise operation and pursue better efficiency in his businesses, former vice president, Atiku Abubakar has declared a migration of all [...]
11 Plc acquires Lagos Continental Hotel
11 Plc, formerly known as Mobil Oil Nigeria Plc, has announced plans to acquire Lagos Continental Hotel, formerly, Lagos Intercontinental Hotel, throu [...]
Nigerian Governors Forum visit Dangote Refinery
Eleven members of the Nigerian Governors Forum, last week stormed the Dangote Refinery and Petrochemicals in Lekki, Lagos to have an on the spot asses [...]
Navy seizes 1,831 bags of rice smuggled from Cameroon
The Nigeria Navy forward operating base (FOB) at Ibaka in Mbo local government area of Akwa Ibom has arrested 24 suspects with 1,831 bags of smuggled [...]
N50 POS charge to be paid by businesses not customers – CBN clarifies
The Central Bank of Nigeria (CBN) has urged customers not to pay N50 charge to businesses for using point of sale (POS) machines. Musa Jimoh, a direct [...]
Why Babatunde Fowler was removed – Presidency
The senior special assistant to the president on media and publicity, Garba Shehu says the tenure of Babatunde Fowler as executive chairman of the Fed [...]
Group decry plan to spend N20bn on National Theatre renovation
The Housing Development Advocacy Network (HDAN) has described the N20 billion approved by President Muhammadu Buhari through the Central Bank of Niger [...]
Lagos govt begins process to relocate computer village to Katangowa
The Lagos State Government has commenced the process for the relocation of the Computer Village from Ikeja to Katangowa in the Agbado/Oke-Odo Local Co [...]