Operatives of the Economic and Financial Crimes Commission (EFCC) have allegedly arrested Innocent Chukwuma, chief executive officer (CEO) of InnosInnosonon Group. In a series of tweets…
View More Innoson Motors CEO arrested by EFCCCategory: Business
Yuletide: NSE market indices drop further by 0.52%
The market indicators of the Nigerian Stock Exchange (NSE) on Tuesday dropped further by 0.52 per cent due to profit taking ahead of the Yuletide…
View More Yuletide: NSE market indices drop further by 0.52%Jigawa disburses N57.4m grant to 5,740 SME holders
The Jigawa Government has commenced the disbursement of N57.4 million grants to 5,740 small-scale business holders across the state. Alhaji Muhammad Mujaddadi, the Special Adviser…
View More Jigawa disburses N57.4m grant to 5,740 SME holdersAustralian coy to assist Nigeria check illegal mining
An Australian Company, Africa Mutual Resources, has solicited the support of Federal Government on “Blockchain Technology” to track illegal mining in the country. Blockchain is…
View More Australian coy to assist Nigeria check illegal miningState by state share of Paris Club refund
The federal government has released a state-by-state breakdown of another tranche of Paris Club refund. The money was released alongside the allocations from the Federal…
View More State by state share of Paris Club refundNSE market indices drop by 1.18%, amid profit taking
Transactions on the Nigerian Stock Exchange (NSE) opened for the week on Monday in red as market indices, turnover and value traded dropped massively due…
View More NSE market indices drop by 1.18%, amid profit takingStates get Paris Club refund, FAAC allocation at once -Olubunmi
Olubunmi Siyanbola, a director at the ministry of finance, says 27 states have received the balance of the Paris Club refund. Siyanbola made this known…
View More States get Paris Club refund, FAAC allocation at once -OlubunmiFear fueling resistance to restructuring , says Ekweremadu
Ike Ekweremadu, Deputy President of the Senate, has said fear of the unknown, especially how to survive in the absence of free oil money, is…
View More Fear fueling resistance to restructuring , says EkweremaduFAAC: FG, States N77.25 billion richer in November
The Federation Account Allocation Committee (FAAC) has distributed N609.95 billion to Federal, States and Local Government as revenue generated in November. This is N77.25 billion…
View More FAAC: FG, States N77.25 billion richer in NovemberOyo state presents N267b budget for 2018
Oyo state’s N267 billion budget of “Stabilisation’’ has been presented to the House of Assembly for approval for the 2018 fiscal year. The budget was…
View More Oyo state presents N267b budget for 2018Ugwuanyi bans manual collection of state revenues
In its bid to realise the ongoing reform programmes in the Enugu State Internal Revenue Service, the governor Ifeanyi Ugwuanyi, yesterday banned all forms of…
View More Ugwuanyi bans manual collection of state revenuesBank of England holds interest rate at 0.5%
The Bank of England kept its key interest rate at 0.5 percent at its final meeting of the year, it said Thursday while keeping an…
View More Bank of England holds interest rate at 0.5%10 firms in trouble over $250m oil money
The House of Representatives Committee on Oil and Gas is investigating 10 oil companies for alleged failure to remit $250 million to the federal government.…
View More 10 firms in trouble over $250m oil moneyDangote refinery to create 4,000 jobs, crash prices
Dangote Refinery currently under construction would save Nigeria $12 billion annual import substitution, create 4,000 direct jobs and crash prices of petroleum products. Mr Babajide…
View More Dangote refinery to create 4,000 jobs, crash pricesEcobank Nigeria unveils Xpress account
Ecobank Nigeria has unveiled Ecobank Xpress Account, a flagship digital mobile based account. According to the bank, the account is simple and does not require…
View More Ecobank Nigeria unveils Xpress accountLagos budget is N1.04trn
Lagos State governor Akinwunmi Ambode on Monday presented the 2018 budget of N1.046 trillion to the state House of Assembly. The budget, tagged: “Budget of…
View More Lagos budget is N1.04trnMTN missing as Airtel, Glo, Smile make final five to buy 9mobile
MTN Group did not make it to the final five companies in the bid for 9mobile, TheCable can report. The top five bidders who made…
View More MTN missing as Airtel, Glo, Smile make final five to buy 9mobileMSME fund: Reduce lending rate, Ambode tells CBN
Mr. Akinwunmi Ambode, Lagos State Governor yesterday, said it was time for the government to review policies that affect growth, as well as come up…
View More MSME fund: Reduce lending rate, Ambode tells CBNUN solicits $1b for Nigeria, others
UN Secretary-General António Guterres has called for a one billion dollars donor contributions to the Central Emergency Response Fund (CERF) to fund life-saving works in…
View More UN solicits $1b for Nigeria, othersBuhari opens manufacturing plants in Kano
President Muhammadu Buhari says his administration’s trade and investment policies will help the nation to diversify the economy, attract more foreign investments and speed up…
View More Buhari opens manufacturing plants in KanoSaudi Prince Salman revealed as buyer of Jesus $450m paint
Saudi Crown Prince Mohammed bin Salman is the actual buyer of a painting of Jesus by Leonardo da Vinci that sold for a record-breaking $450…
View More Saudi Prince Salman revealed as buyer of Jesus $450m paintIFIS secures CBN’s approval, crosses 10,000 agents’ mark
A commercial Super-Agent licence has been granted to Interswitch Financial Inclusion Services (IFIS), a subsidiary of Interswitch Group, by the Central Bank of Nigeria (CBN).…
View More IFIS secures CBN’s approval, crosses 10,000 agents’ markSEC begins forensic audit on Oando
The Securities Exchange Commission (SEC) has begun its forensic audit on Oando, two months after the commission notified the company of a possible audit on…
View More SEC begins forensic audit on OandoBloomberg: Dangote is only African among 50 most influential people
Aliko Dangote, Africa’s richest person, has been honored for his contribution to increasing local food production and lessen food imports in Nigeria. Dangote was among…
View More Bloomberg: Dangote is only African among 50 most influential people