Category: Business
CBN governor, Godwin Emefiele reappointed
Godwin Emefiele has been re-appointed as the Governor of the Central Bank of Nigeria by President Muhammadu Buhari. The President wrote to the Senate [...]
Oriental Hotel, Lagos is up for sale at 94 billion naira
Western Metal Products Company (WEMPCO) is divesting its investment in Lagos Oriental Hotel to focus on its core manufacturing mandate and contrary to [...]
Sad news for Instagram users: Service provider to hide like count for posts
Instagram, the photo and video-sharing social networking service owned by Facebook, is about to start a test of hiding ‘like’ counts as a way to make [...]
Computer village traders protest installation of Iyaloja, Babaloja
The Computer Village, Ikeja, adjudged as the largest ICT market in West Africa, was yesterday shut down by traders protesting against the planned inst [...]
CBN issues banking licenses to five new enterprises
Five new banks set to be operational soon, have been issued banking licenses by the Central Bank of Nigeria (CBN). According to Business Day, most of [...]
Aliko Dangote donates student’s hostel worth N1.2bn to ABU
Businessman and philanthropist, Alhaji Aliko Dangote, has donated a students’ hostel worth N1.2 billion to Ahmadu Bello University (ABU), Zaria. The h [...]
Be vigilant as poisonous ponmo floods Lagos markets
Consumers have been warned by the Lagos State government against buying some poisonous cow hide, more popularly known as ponmo, being sold in some mar [...]
Buhari commissions seven projects in Borno State (Pictures)
A day after President Muhammadu Buhari commissioned five projects in Lagos State, he proceeded to Borno State on Thursday where he commissioned some p [...]
Ngige denies brain drain statement, says he was quoted out of context
Minister of labour, Chris Ngige has denied dismissing the brain drain in the medical profession, which sparked off reactions, adding that there is a l [...]
Most Nigerian businesses are subjected to 48 taxes – Tony Elumelu
The chairman and founder of Heirs Holdings, Tony Elumelu says Nigeria would be unable to keep its investors and entrepreneurs with time, if the issue [...]