At last, the dream of taking Cross River State out of the woods may soon be a reality if the massive solid minerals deposits discovered…
View More Cross River ups for mineral developmentCategory: Business
Buhari writes national assembly, present 2018 Budget Tuesday
President Muhammadu Buhari has written a letter to the national assembly, seeking to present the estimates of the 2018 budget. Yakubu Dogara, speaker of the…
View More Buhari writes national assembly, present 2018 Budget TuesdayAbuja airport N61.2b terminal ready by February 2018
All things being equal, the Nnamdi Azikiwe International Airport’s (NAIA) new terminal in Abuja will open for operations February next year. The terminal, built at…
View More Abuja airport N61.2b terminal ready by February 2018NSE gains, heads for N13trn
Transactions on the Nigerian Stock Exchange (NSE) recorded a profit for the third consecutive day and may hit N13 trillion on sustained gains. The market…
View More NSE gains, heads for N13trnSingapore’s Changi Airport opens automated terminal
Singapore’s Changi Airport has opened a cutting-edge terminal with a fully automated check-in system including facial scanning and computerised baggage drop points. Terminal 4, built…
View More Singapore’s Changi Airport opens automated terminalEmefiele woos global investor-community in London
The Governor, Central Bank of Nigeria (CBN), Godwin Emefiele, at the weekend in London, urged global investors to come back to Nigeria, declaring that the…
View More Emefiele woos global investor-community in LondonDiversify now or live in regrets: Kalu urges African leaders:
Former Governor of Abia State, Dr. Orji Uzor Kalu, has urged African leaders to embrace economic diversification by allowing the private sector to be in-charge…
View More Diversify now or live in regrets: Kalu urges African leaders:Exchange reserves near $34b mark despite interventions
The nation’s foreign exchange reserves’ profiles recorded a new increase near $34 billion mark, after gaining about $350 million in one week, with $200 million…
View More Exchange reserves near $34b mark despite interventionsNCC summons telco CEOs, mulls prosecution over sale of pre-registered SIM cards
The Nigerian Communications Commission (NCC) has summoned chief executive officers (CEOs) of major telecommunications companies in the country to its headquarters in Abuja. TheCable learnt…
View More NCC summons telco CEOs, mulls prosecution over sale of pre-registered SIM cardsExpert advises FG on BVNseizure of bank accounts over BVN
An economic expert, Charles Nwekeaku, has advised the Federal Government to follow due process in getting the forfeiture of monies in accounts without Bank Verification…
View More Expert advises FG on BVNseizure of bank accounts over BVNBVN-related asset forfeiture:Expect elongated legal battle –Nweze
A repeat of the credit and liquidity squeeze, which rocked the banking sector in the wake of the takeoff of Treasury Single Account (TSA), may…
View More BVN-related asset forfeiture:Expect elongated legal battle –NwezeNCC vows to end SIM swap fraud
The Nigeria Communications Commission (NCC) has promised to put an end to SIM swap fraud in light of fraudulent activities carried on customers’ bank accounts.…
View More NCC vows to end SIM swap fraud26 firms signify interest in Nigeria’s refineries
About 26 firms have indicated interest to participate in the revamping of Nigeria’s four refineries, which will require investment of about $2billion (N720billion) according to…
View More 26 firms signify interest in Nigeria’s refineries2018 budget proposal approved by FEC
The federal executive council (FEC) has approved the draft for the 2018 budget proposal. Minister of budget and national planning, Udo Udoma, said this on…
View More 2018 budget proposal approved by FECAfrican airlines to transport 400 million passengers in 2036
Airlines in Nigeria and other Africa countries has been estimated to increase by 274 million, bringing the total traffic per year to 400 million by…
View More African airlines to transport 400 million passengers in 2036FG, state, council share October FAAC
The Federal, States and Local Governments shared N558.082 billion in October, N80 billion less than the N637.704 billion revenue shared in September, Ahmed Idris, the…
View More FG, state, council share October FAACCustoms command impounds N15m goods
The Western Marine Command of the Nigeria Customs Service (NCS) on Tuesday seized goods estimated at N15 million from smugglers along the Gbao, Yekeme and…
View More Customs command impounds N15m goodsFight against corporate secrecy- Osinbajo urged
Vice President Yemi Osinbajo has again called for an intensified global action against vices associated with corporate secrecy stating that “breaking the wall of secret…
View More Fight against corporate secrecy- Osinbajo urgedBVN: FG moves to seize less accounts
Justice Nnamdi Dimgba of the Federal High Court in Abuja has granted a request by Attorney General of the Federation, Abubakar Malami, for a temporary…
View More BVN: FG moves to seize less accountsVAT: N246.30bn generated in Q2 — NBS
The National Bureau of Statistics (NBS) says that N246.30 billion was generated as Value Added Tax (VAT) in the second quarter of the year. The…
View More VAT: N246.30bn generated in Q2 — NBSFG Begins Disbursement of GEEP Loan in Abia
The Federal Government has commenced the disbursement of the Government Enterprise and Empowerment Program,GEEP, loan in Abia State. The loan is a collaboration of the…
View More FG Begins Disbursement of GEEP Loan in AbiaStop accumulating debts, BudgIT warns states
A budget-based organisation, BudgIT, has cautioned Nigerian states to desist from accumulating debts especially from external loaners. BudgIT’s Lead Presenter, Mr Oluseun Onigbinde, who raised…
View More Stop accumulating debts, BudgIT warns statesFG scoop N140 billion from revenue leakages-Senate
The Senate yesterday said that through its probe of revenue leakages, the collection banks had remitted N140 billion to the Federal Government through the Central…
View More FG scoop N140 billion from revenue leakages-SenateAfDB to invest $24b in Agric
The African Development Bank (AfDB) is to invest $24 billion in agriculture over the next 10 years to help unlock its potential and assure food…
View More AfDB to invest $24b in Agric