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Business

Nigeria/China to Enhance Infrastructural Development

Nigeria and China are in talks on ways to enhance infrastructural development and economic growth in Nigeria. The Minister of Foreign Affairs, Ambassador Yusuf Tuggar,...

N438M: Tinubu Summons Interior Minister Over Irregular Transactions with Betta Edu

President Bola Ahmed Tinubu has summoned the Minister of Interior, Olubunmi Tunji-Ojo to the Presidential Villa. The summon follows the controversy that has hitched the...

ALLEGED N585M FRAUD: Betta Edu to Face EFCC Grills Today

Suspended Humanitarian Affairs and Poverty Alleviation Minister, Dr. Betta Edu will today be grilled by the Economic and Financial Crimes Commission (EFCC) over alleged N585 million...

‘No Increase In PMS Prices’ — NNPC Assures Nigerians

The Nigerian National Petroleum Company (NNPC) Limited has assured Nigerians that there is no imminent increase in the cost of Premium Motor Spirit (PMS),...

Federal Govt Announces Plans to Revoke More Mining Licenses in 2024

The federal government will revoke more mining licenses for other categories of defaulters this year. Minister of Solid Minerals Development, Dele Alake, issued the warning...

Emefiele operated 593 illegal US, UK, China accounts – CBN investigator

The special investigator on the Central Bank of Nigeria (CBN) and related entities, Mr. Jim Obazee says the apex bank’s ex-governor, Godwin Emefiele, illegally kept billions...

YULETIDE: President Tinubu Approves 50% Reduction in Transport Fare Nationwide

In a bid to ease travel costs this festive season, President Bola Tinubu has approved a 50 percent reduction in road transport fares and...

Akwa Ibom Government Signs Memorandum of Understanding with Savannah Energy for Audit of Ibom Power Company

Akwa Ibom State Government has signed a Memorandum of Understanding with Savannah Energy Nigeria, for an operational audit of the state-owned electricity generating firm,...

Jumia Appoints Sunil Natraj as New Chief Executive Officer

Jumia Nigeria, an e-commerce company, on Tuesday, announced the appointment of Mr Sunil Natraj as Chief Executive Officer effective from Jan. 1, 2024. Mr Francis...

NAF To Sell Presidential Aircraft, Calls For Bidders

The Nigerian Air Force (NAF) has put up the Falcon 900B aircraft for sale, calling on interested persons to submit their bids for the...

Diesel Tanker Explodes At Ojota, Lagos

A diesel tanker went up in flames at the Ojota inward interchange in the early hours of Monday morning. The incident was confirmed by the...

EFCC Arraigns Couple For N2.7billion Fraud In Lagos

The Lagos Zonal Command of the Economic and Financial Crimes Commission, EFCC, on Tuesday, November 28, 2023, arraigned a couple, Oriyomi Idowu and Ruth...

Akwa Ibom Ministry of Environment Orders Chinese-Owned Mining Company, Ruitai, to Stop Work

The Ministry of Environment and Mineral Resources in Akwa Ibom State has directed Chinese-owned mining company, Ruitai Mining Company to terminate all mining operations...

FG Applauds Niger Delta Development Commission on Budgetary Process

Permanent Secretary, Ministry of Niger Delta Development, Dr. Shuaib Belgore, has commended the Niger Delta Development Commission, NDDC, for developing a budgetary process that...

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