The Anambra government has said it will spend between N60 and N70 million monthly to service its domestic and external debts. Mr Mark Okoye, Commissioner…
View More Anambra to spend N70m on debt servicing monthlyCategory: Business
Seven-Up gets takeover offer from majority shareholder
Affleka SA, majority shareholder in Seven-Up Bottling Company, has offered shareholders of the company N112 to buy all ordinary shares owned by other shareholders. According…
View More Seven-Up gets takeover offer from majority shareholderAyade presents highest ever N1.3trn budget for 2018
Ben Ayade, Cross River governor, has presented a budget of N1.3 trillion for the 2018 fiscal year to the state house of assembly. The budget…
View More Ayade presents highest ever N1.3trn budget for 2018Nigeria raises $3b at international capital market — Adeosun
The Minister of Finance, Mrs Kemi Adeosun says Nigeria has raised three billion dollars at the international capital market. She made this known in a…
View More Nigeria raises $3b at international capital market — AdeosunNo Grammy for Wizkid, Jay Z leads nominations
No Nigerian artiste made the Grammy nomination list Tuesday. Not Wizkid who made it last year via a collabo with Drake. And not Davido, whose…
View More No Grammy for Wizkid, Jay Z leads nominationsBitcoin breaks $10,000 mark
Virtual currency Bitcoin continued its stratospheric rise on Wednesday, breaking through the $10,000 barrier for the first, a record of over 900 per cent gain…
View More Bitcoin breaks $10,000 markBEDC commissions Asaba substation to boost supply, Ranked best Disco in Q3, 2017
In efforts to improve customer service, Benin Electricity Distribution (BEDC) Plc, has announced the successful completion and commissioning of a new 2X15MVA 33/11Kv Injection substation,…
View More BEDC commissions Asaba substation to boost supply, Ranked best Disco in Q3, 20172.3m daily crude oil production is achievable
The Nigerian National Petroleum Corporation (NNPC) has said the federal government’s 2.3 million barrels per day (bpd) crude oil projection for the 2018 budget is…
View More 2.3m daily crude oil production is achievableLuxury cars, alcohol to attract special taxes
Those with penchant for luxury products may have to have a rethink as they may soon be paying more for their high taste. The federal…
View More Luxury cars, alcohol to attract special taxesNNPC, FAAC to parley on Monday over discrepancies
The Nigerian National Petroleum Corporation (NNPC) and the Federation Accounts Allocation Committee (FAAC) will tomorrow meet to reconcile the discrepancies in data submitted at its…
View More NNPC, FAAC to parley on Monday over discrepanciesTewa Onasanya : Women are great for the economy
‘Women Are Great For The Economy, If They’re Succeeding In Any Sector, We Want To Shine The Light On Them To Inspire Others’ Tewa Onasanya…
View More Tewa Onasanya : Women are great for the economyGov. Udom presents N651bn budget for 2018 fiscal year
Lovina Emole, Uyo Governor Udom Emmanuel of Akwa Ibom State has on Friday in Uyo presented a total budget outlay of N651 billion for the…
View More Gov. Udom presents N651bn budget for 2018 fiscal yearStates pull out of FAAC, query ‘discrepancies’ in account
The 36 states of the federation on Thursday failed to hold the monthly federal account allocation committee (FAAC) meeting due to alleged discrepancies in federation…
View More States pull out of FAAC, query ‘discrepancies’ in accountFG brings back toll gates
The Federal Government has concluded arrangement to reintroduce toll gates across the country, according to the Minister of Power, Works and Housing, Babatunde Fashola. The…
View More FG brings back toll gatesOsinbajo inaugurates cashew factory
Vice President Yemi Osinbajo has inaugurated a Cashew Processing factory, FoodPro Nigeria Limited, in Ilorin. Osinbajo also inspected the factory on Tuesday after the inauguration,…
View More Osinbajo inaugurates cashew factoryNigeria loses N1trn annually to cargo diversion
The Shippers’ Association Lagos State (SALS) on Tuesday said the country lost N1 trillion annually through cargo diversion to ports in neighbouring countries due to…
View More Nigeria loses N1trn annually to cargo diversionDangote $500M Congo cement plant for inauguration Thursday
Dangote Cement will on Thursday in Congo inaugurate its 1.5 million metric tonnes per annum capacity Cement Plant valued at 500 million dollars. This was…
View More Dangote $500M Congo cement plant for inauguration ThursdayAfreximbank secures $150 million to boost African trade
The African Export-Import Bank (Afreximbank) has successfully secured another facility, but its first ever Samurai Syndicated Term Loan Facility, with equivalent of $150 million. It…
View More Afreximbank secures $150 million to boost African tradeBoI issues ultimatum for pending loan applications
In a bid to reduce its turnaround time for loan applications, the Bank of Industry (BoI) has issued a 30-day ultimatum to its customers to…
View More BoI issues ultimatum for pending loan applicationsIMF raises fresh concerns over Nigeria’s public debts, others’
From the International Monetary Fund (IMF) yesterday again came a warning on Nigeria and two other African Nations’ rising public debt stock, projecting that a…
View More IMF raises fresh concerns over Nigeria’s public debts, others’13 Fidelity Bank customers win N15m cash prizes
Thirteen customers of Fidelity Bank Plc on Thursday won N15 million in its “Get Alert in Million’’ Promo Reloaded. The News Agency of Nigeria (NAN)…
View More 13 Fidelity Bank customers win N15m cash prizesCourt revokes interim forfeiture order on accounts without BVN
The interim forfeiture order placed on bank accounts without bank verification number (BVN) has been revoked after the federal high court in Abuja modified the…
View More Court revokes interim forfeiture order on accounts without BVNGhana rolls out $13b budget for 2018
The Ghanaian government plans to spend 13.9 billion dollars (62 billion Ghana cedis) in the 2018 fiscal year, the country’s finance minister said on Wednesday.…
View More Ghana rolls out $13b budget for 2018Osinbajo tasks D-8 countries on peace, justice
Nigerian Vice President Yemi Osinbajo says the D-8 countries must remain a potent force for peace and justice at all times to be able to…
View More Osinbajo tasks D-8 countries on peace, justice