archiveOctober 2021

  Oyo State government has reiterated its commitment to nurturing, supporting and stimulating the growth of Micro, Small and Medium Enterprises (MSMEs) in the state. Commissioner for Budget and Planning, Prof. Musibau Babatunde, stated this on Wednesday in Ibadan while declaring open a two-day capacity building training for beneficiaries of...

  The Minister of Power, Mr Abubakar Aliyu, has said that the Federal Government was making progress in ensuring the speedy completion of key power projects to deliver steady electricity supply to Nigerians. Aliyu said this in a statement in Abuja, on Wednesday, to mark his 50 days in office...

  The World Bank said Wednesday it has suspended aid to Sudan following the military takeover that deposed the prime minister. “I am greatly concerned by recent events in Sudan, and I fear the dramatic impact this can have on the country’s social and economic recovery and development,” World Bank...

The Chairman of FBN Holdings (FBNH), Mr Tunde Hassan-Odukale, has been confirmed as the largest single shareholder of the company. The News Agency of Nigeria (NAN) reports that this was stated in a letter published on the website of the Nigerian Exchange Ltd (NGX) on Wednesday. The letter signed by...

Ogun State governor, Dapo Abiodun, on Wednesday, announced a one-month moratorium for residents and entrepreneurs who have properties on portions of land already acquired by the State Government. According to the governor, “anyone or company that have built on Government acquired land have up till November 30 to apply for...

The process of establishing a new private university in Ikirun, Osun State, has begun. The new university, Gboleru University, will serve three particular functions: to prepare students for decent and qualitative employment, to achieve personal growth, and to contribute to improvement in society. To this effect, over $100 million has...

  Rite Foods’ counsel has prayed the Lagos Federal High Court of Hon. Justice A.L. Allagoa, to convict the Managing Director of the Nigerian Bottling Company (NBC) Mathieu Seguin for contempt of court, as he has failed in the previous suit against him to appear before the court, after many...

Dr Ngozi Okonjo-Iweala and Dr Kingsley Obiora, CBN Deputy Governor, Economic Policy Directorate are among the dignitaries to receive the Chartered Institute of Bankers of Nigeria (CIBN) Fellowship award on Saturday. Mr Nelson Olagundoye, Head, Corporate Communication and External Relations, CIBN, announced this in a statement on Wednesday in Lagos....

The Federal Executive Council (FEC) has granted the Nigerian National Petroleum Corporation (NNPC) the approval to deploy over N621.2 billion of its tax liabilities to the construction of 21 roads, covering a total distance of 1,804.6km, across the six geo-political zones in the country. The approval was given at Wednesday’s...

 Delta Airlines, the longest-serving U.S. airline to Africa, will resume its direct flight services between Lagos and  John F. Kennedy International Airport in New York on Dec.8.The airline operators said they are doing this to restore  the popular route in time for the festive season. Delta’s Commercial Director Africa, the...