Category: Business
Sale of Keystone bank: Atiku fingered as new owner
The Asset Management Corporation of Nigeria (AMCON) has sold troubled Keystone Bank to new owners, Sigma Golf Nigeria Limited and Riverbank Investment [...]
Patronage to pubs and restaurant may drop as Lagos bans live band
Bad news for those who enjoy hanging out at pubs and restaurant where there are live bands, say farewell to them as the Lagos State government has ban [...]
Atedo Peterside steps down as board chairman of Stanbic IBTC
Just last month, the managing director of Stanbic IBTC bnk threw in the towel for another bank and now the chairman, Atedo Peterside has resigned from [...]
Coca-Cola products manufactured in Nigeria safe – Health ministry
The Federal Government has reassured Nigerians that the Coca-Cola products manufactured in Nigeria are safe for consumption. The explanation followed [...]
FG to probe Fanta, Sprite content
The Minister of Health, Prof. Isaac Adewole, has set up a panel of experts to investigate the controversies surrounding the level of benzoic and ascor [...]
Aero Contractors sacks 900 workers
Aero Contractors Airline, which is under the management of the Asset Management Corporation of Nigeria (AMCON), has sacked about 900 workers represe [...]
Customs suspends import duty on old vehicles
The Nigerian Customs Service has announced the suspension of the implementation of the payment of import duty on old vehicles. The move is in complian [...]
SON nabs importer who alters products’ expiry dates
The Standards Organisation of Nigeria has arrested a cosmetics and wine importer suspected of changing the expiry dates on products and putting new da [...]
Etisalat may leave Nigeria over $1.2bn loan default
Abu Dhabi telecoms group, Etisalat, may sell its stake in Etisalat Nigeria, which has defaulted on a $1.2bn loan, but wants the company’s debt restruc [...]
Dangote now coal miner in Tanzania
Aliko Dangote is now a coal miner as Tanzania’s Ministry of Energy and Minerals at the weekend handed a 10-square-kilometre plot of land to the $500 m [...]