N30 trillion revenue leakages: Why we met with CEOs secretly – Senate panel
ADEKUNLE ADESUJI, Abuja Chairman, Joint Committee on Customs, Excise and Tariff; and Marine Transport, Senator Hope Uzodinma, gave reason why the committee decided to meet some companies involved in...
View ArticleNaira sustains gain against dollar at parallel market
The naira, Wednesday appreciated against the dollar at the parallel market, exchanging at N363 to the dollar from the N364 posted on Tuesday. This is even as the pound sterling and the Euro closed at...
View ArticleFG to borrow more in foreign currencies
SUNDAY ODE Abuja The Federal Government is now to borrow more in foreign currencies as it bids to restructure it loans in order to make them cheaper. Minister Of Finance, Mrs. Kemi Adeosun, revealed...
View ArticlePower sector: Nigeria may lose N20trn from corruption –SERAP report
EFE AGHALOKPE A Socio-Economic Rights and Accountability Project (SERAP) report has indicated that Nigeria may witness an estimated loss of N20 trillion from corruption in the power sector in the next...
View ArticleDangote ends darkness in Kano; signs 100MW Solar Power Plant with Kano Govt
Africa’s Conglomerate and indigenous investor, Dangote Group, has signed a Memoranda of Understanding (MoU) with Kano state Government, for the proposed 100MW Dangote-Black Rhino Solar Power Plant.The...
View ArticleLagos to roll out first set of 5,000 new commercial buses in 6 months
…Receives Students of Harvard Varsity Lagos State Governor Akinwunmi Ambode on Thursday said the first set of 5,000 brand new buses under the Bus Reform Initiative, a brain child of his...
View ArticleNon-Oil Exports – How Nigerians in diaspora can help rebuild economy
The government aims to replace oil as the major national exchange earner by growing non-oil exports to $30 billion in the next 10 years and eventually attain 20 percent of non-oil exports to GDP or...
View ArticleMTN, Tricom pledge support for SME growth
Ugo Amadi Nigeria’s largest telecommunications network, MTN and Tricom Experiential Projects Limited hosted SME operators and budding entrepreneurs to a capacity-building workshop.The one-day event...
View ArticleTax incentives not enough to attract investors – Expert
A tax expert, M.r Taiwo Oyedele, has said only tax incentives to industries without addressing other challenges wouldl not bring about the desired economic growth in Nigeria.Oyedele, Head, Tax and...
View ArticleNigeria to begin fertiliser exportation
The Executive Secretary of the Fertiliser Producers and Suppliers Association (FEPSAN), Alhaji Ahmed Rabiu Kwa, has said Nigeria would begin to export fertiliser in the next five years going by the...
View ArticleNNDC, Turkish firm to revive Kaduna Textile with $15m
The New Nigeria Development Company (NNDC) says it will invest 15 million dollars through a partnership with a Turkish firm to reactivate the collapsed Kaduna Textile company.The Group Managing...
View ArticleDangote to commence operations in fertiliser plant in first quarter 2018
Ugo Amadi,Business Editor Africa’s richest man and President of Dangote Group, Alhaji Aliko Dangote has said that the construction of the fertilizer plant at Dangote Refinery and Petrochemical Complex...
View ArticleLCCI urges NASS to guard against loss of investors’ confidence
Ugo Amadi, Business Editor The Lagos Chamber of Commerce and Industry (LCCI) has urged the National Assembly to be cautious in its oversight and investigative role, to avoid economic disruption and...
View ArticleProfessor Johnbull propagates excellent family values
UGO AMADI Popular Globacom-sponsored TV situation comedy, Professor Johnbull, has again shown its commitment to the propagation of excellent family values in a new episode which airs on Tuesday. Titled...
View ArticleFidelity Bank is trail blazer in SMEs financing, gets global commendation
…Shareholders applaud regular dividend payouts COMFORT EKELEME – FOR some decades now, Fidelity Bank Plc has blazed the trail in financing Small and Medium Scale Enterprises, SMEs, regarded as the...
View ArticleNCC confirms 10 million loss in mobile subscriptions in the country
Ugo Amadi Nigerian Communications Commission (NCC) statistics confirmed that Nigeria entered 2017 with 155.1 million subscribers, but as at June, it reduced to 143.1 million. The teledensity, which was...
View ArticleNigerian Breweries lauds media on Golden pen awards entries
Ugo Amadi Nigerian Breweries Plc has commended the media for rallying support for the huge harvest of entries for the 9thGolden Pen Awards sponsored by the company. Submission of entries for the 9th...
View ArticleWhy NUCFRLANMPE is against casualisation
UFOMBA UZUEGBU National Union of Chemical Footwear Rubber Leather and Non-Metallic Products Employees (NUCFRLANMPE) has described as worrisome, the disturbing rate of outsourcing and casualisation in...
View ArticleLabour plans rallies against diversion of bailout fund by states
UFOMBA UZUEGBU Fresh indications have that organized labour under the aegis of the Nigeria Labour Congress (NLC) and its Trade Union Congress (TUC) counterpart may have concluded arrangements to...
View ArticleGlo @14:Adenuga thanks Nigerians, assures nationwide 4G data services
Ugo Amadi, Business Editor The chairman of Globacom Limited , Dr. Mike Adenuga Jnr. has thanked all Nigerians and business associates for assisting him to take the vision and dream he enacted and...
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