OTHER BUSINESSES

    The Nigerian National Petroleum Company Limited (NNPCL) on Tuesday said 149 incidents of crude theft were recorded across the Niger Delta in the past week. The oil firm said this in a statement in Abuja on Tuesday. The company said across the Niger Delta, the war on crude...

  President Bola Tinubu on Tuesday directed the immediate implementation of fiscal policy and tax reforms recommendation of a report on the ‘quick-win achievement’. The Special Adviser to the President on Media and Publicity, Ajuri Ngelale, disclosed this while briefing journalists in Abuja after the committee met with the president...

The Minister of Communications, Innovation and Digital Economy, Dr Bosun Tijani, says Nigeria is now a top destination for tech startups. He disclosed this on Tuesday in his statement at the opening ceremony of the 2023 Digital Nigeria International Conference in Abuja. In his remark at the two-day event scheduled...

Oyo State governor, 'Seyi Makinde, has appointed a retired military officer, Major Adesagba Adekoya (rtd), as the chairman of the Oyo State Road Traffic Management Authority (OYRTMA). According to a press statement signed and sent to Business247 News on Monday by Mr. Sulaimon Olanrewaju, Chief Press Secretary to the Oyo...

Managing Director and Chief Executive Officer of Sterling Bank Limited, Mr. Abubakar Suleiman, has identified the need to fix infrastructure, promote positive narratives about Nigeria and advocacy by stakeholders as critical factors necessary for propelling the growth of Nigeria's tourism industry. Suleiman made these remarks during Sterling Bank's observance of...

According to the recent Internally Generated Revenue (IGR) report from the National Bureau of Statistics (NBS) which was released today, October 23, 2023, Lagos, Rivers and the Federal Capital Territory (FCT) generated the highest amounts of internally generated revenue in 2022. According to the NBS, these are the major highlights...

  The Federal Government (FG) on Monday announced a N1 billion partnership between the Federal Ministry of Communications, Innovation and Digital Economy (FMoCDE) and IHS Towers to establish the 3 Million Technical Talent (3MTT) Learning Community. The Minister of Communications, Innovation & Digital Economy, Dr. Bosun Tijani, while announcing the...

The Federal Government has approved N35,000 as minimum wage for Federal Civil Servants to cushion the effects of fuel subsidy removal. This was contained in a memo from the Presidency, signed by the Chairman, Chief Executive Officer (CEO) of National Salaries, Incomes and Wages Commission, Ekpo U. O. Nta. The...

The Federal Controller of Works in Lagos State, Olukorede Keisha, on Friday, revealed plans for a comprehensive overhaul of the Third Mainland Bridge’s asphalt layers. This is coming after the Federal Government announced that the bridge will be closed to traffic from Saturday, October 21, 2023, to Sunday, October 22,...

  A Nigerian company, Tethys Ltd., has emerged as the sole brand licensee for Texaco lubricants across the country. Speaking at the Chevron-Tethys Texaco Lubricants relaunch on Thursday in Lagos, Mr Jaap Jan Mohlmann, Manager, Distributor and Export Sales Chevron, said the company was happy for its reentrance into the...